King Global Ventures Inc. (the “Company”), is an exploration/development-stage, publicly-traded company, and is trading on the TSX Venture Exchange (“TSXV”) under the symbol ‘KING’.
The Company was incorporated in Ontario, Canada and on September 25, 2019, Rosita Mining Corporation changed to King Global Ventures Inc. The Company’s properties are located in Newfoundland & Quebec, Canada and Nicaragua.
On May 31, 2021, the Company announced (see news release May 31, 2021) a private placement from Mr. Eric Sprott (2174423 Ontario Ltd.), for gross proceeds of $1,065,000. The proceeds of the offering will be primarily used to finance exploration and development expenditures on the Company’s properties, and to expand the Company’s portfolio of exploration claims in Newfoundland and for general working capital.