Vancouver, British Columbia May 29, 2026 – King Global Ventures Inc. (CSE:KING) (OTCQB: KGLDF) (FSE: 5LM1) (the “Company” or “King Global”) is pleased to announce that the Company has entered into a Master Services Agreement (“MSA”) with LatinAmerican Digital Hub LLC (DBA Inside Earth). Inside Earth offers services in multiple industries such as oil and gas, mining, water extraction and geothermal energy with the objective of identify underground resources by Earth Prospecting technologies and satellite imagery. Inside Earth shall perform a resource mapping service for the Company, for the area of 31km2 in Arizona, USA (Project King Global AU Mining Arizona 2026) (the “Project”). Inside Earth will perform the resource mapping service for the Project by utilizing its patented earth prospecting technologies and satellite imagery, in three structured phases (the “Work Order”).
The Project Cost for this Work Order shall be US $454,500 (the “Project Cost”). The Company agrees to pay Inside Earth the Project Cost in two installments. US $272,500 in cash, payable upon execution of the Work Order. The remaining US $182,000 shall be paid in equity consideration through the transfer and delivery to Insider Earth of 364,000 common shares (the “Shares”) of the Company at a deemed price of US $0.50 per share. Inside Earth will not trade the Shares before four months and one day after the Shares are issued as payment.
Special Conditions:
Buyback Right. Inside Earth may, at any time and at its sole discretion, offer to sell any or all of the shares back to the Company. If the Company elects to repurchase such Shares, the repurchase price shall be equal to 80% of the then current market price per share (in USD) on the date of repurchase. The Company shall complete such repurchase within ten (10 Business Days of notice from Inside Earth.
Market Exit Conditions. Inside Earth shall have the right to sell the Shares in the open market, subject to the following liquidity conditions:
- Inside Earth may sell the Shares only if: (i) the market price of the Company’s stock exceeds US $1.00 per share; (ii) the average daily trading volume exceeds 100,000 shares; and (iii) Inside Earth shall not sell more than 1% of the total issued and outstanding shares of the Company per trading day, provided that the conditions set forth above are satisfied.
The Shares are subject to a 4 month restricted hold and subject to Exchange approval.
About King Global Ventures:
Black Canyon Property in Arizona
King Global Ventures is focused on the exploration of precious and base metals in North America. The Black Canyon Project in Yavapai County Arizona is comprised of 213 contiguous concessions covering a total area of 4,000 acres encompassing 15 former operating mines including the past producing Howard Copper Mine. The Black Canyon Project is situated 100 km (62 miles) north of Phoenix Arizona and represents an early-stage exploration opportunity targeting copper-gold-silver-zinc, Volcanogenic Massive Sulphide (“VMS”) mineralization. The geology of Yavapai County, Arizona is notable due to the presence of a variety of base and precious metal deposit types. The region has a significant history of exploration, discovery and mining operations, including base metals from mining operations like Bagdad, Jerome and Cleopatra. The property is on trend and is approximately 13 km (8 miles) N.W. of Arizona Metals Corp. (T:AMC).
The Howard Copper Mine Property is located on 78 acres of patented land. Discovered in the early 1920’s, small scale production and development focused on high-grade copper. Historical reports state that the main shaft was sunk to the 900-foot level, but that no ore was mined below the 500-foot level.
The Mikwam Property
The Mikwam Gold Property is located in Noseworthy Township within the Abitibi Greenstone Belt of the Superior Province, northeastern Ontario. It lies along the Casa Berardi Deformation Zone that hosts Detour Gold’s Burntbush Property. The Mikwam deposit is hosted within Timiskaming-aged polymictic conglomerate and greywacke units and contains disseminated and vein-hosted gold mineralization associated with quartz-carbonate veins and pyrite mineralization.
A NI 43-101 technical report prepared for Galena International Resources Ltd. by Caracle Creek International Consulting Inc., dated December 8, 2016, disclosed a historical inferred mineral resource of 1,810,000 tonnes grading 2.34 g/t gold, containing 136,000 ounces of gold at a cut-off grade of 1.00 g/t Au. This estimate (announced by Galena in a December 12, 2016 press release) is historical in nature, was not prepared for King Global Ventures Inc., and should not be considered current. A Qualified Person has not done sufficient work to classify the historical estimate as current mineral resources and the issuer is not treating the historical estimate as current mineral resources.
Additional information about King Global Ventures can be viewed at the Company’s website at www.kingglobal.gold or at www.sedarplus.ca.
On behalf of King Global Ventures
Robert Dzisiak
Chief Executive Officer
204-955-4803
ir@kingcse.com
Neither the CSE Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statement Regarding Forward-Looking Information
Certain information in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including but not limited to, the uncertainty of the financing, the impact of general economic conditions, industry conditions, dependence upon regulatory approvals. Readers are cautioned that the assumptions used in preparing such information, although considered reasonable at the time of preparation, may prove imprecise and undue reliance should not be placed on forward-looking statements. Forward-looking statements in this press release are expressly qualified by this cautionary statement.
The forward-looking statements in this press release are made as of the date of this press release, and the Company undertakes no obligations to update publicly or to revise any of the included forward-looking statements, whether because of new information, future events or otherwise, except as expressly required by applicable securities law.