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’.
King holds 100% interest in 4 highly prospective and previously explored, gold exploration projects, covering 4,144 ha, in one of the most active gold exploration jurisdictions in North America, The Gander gold belt region of Newfoundland.
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.
Completed $700,000 financing in October 2021