[vc_row][vc_column][vc_column_text]Toronto, Ontario – June 28, 2021 – King Global Ventures Inc. has entered into an agreement with an arm’s-length party to sell its wholly owned subsidiary, Alder Resources Ltd., which holds its Nicaraguan Santa Rita joint venture interests. The company has determined that this property does not fit within its current plans and has agreed to sell it for $50,000, consisting of $30,000 in cash, with the balance being satisfied by shares in the private company purchaser.

This transaction is subject to exchange approval and other conditions customary to transactions of this type, including due diligence.

On behalf of King Global Ventures                           

John F. Cook, MIMMM
Chief Executive Officer
416-200-8073
johncook@kos.net
www.kingtsxv.com[/vc_column_text][/vc_column][/vc_row]