Mr. Robert Dzisiak reports

KING GLOBAL VENTURES INC. ANNOUNCES APPOINTMENT OF CFO

King Global Ventures Inc. has appointed Jimmy Jeon as chief financial officer of the company. Mr. Jeon replaces Victor Hugo, who has served as chief financial officer since August, 2020. The company wishes to thank Mr. Hugo for fulfilling that role and to express its appreciation for his service.

Mr. Jeon currently works with Marrelli Support Services Inc., where he provides chief financial officer, accounting, compliance and management advisory services to numerous public trading companies on the Toronto Stock Exchange, the TSX Venture Exchange, and other Canadian and U.S. exchanges. Mr. Jeon is a CPA and holds a bachelor of business administration from Wilfred Laurier University, specializing in accounting. Mr. Jeon has over six years of experience in various sectors, with responsibility for accounting budgeting, financial reporting and disclosures.

Properties

King Global's projects include a 100-per-cent interest in the Gold Boulder exploration project.

The Gold Boulder prospect consists of four contiguous claim blocks (100 hectares) and is located near the small town of Glenwood in central Newfoundland. Geologically, the property is underlain by siliciclastic sediments of the Davidsville group, which is the same geological belt that hosts New Found Gold Corp.'s high-grade Queensway project. The entire prospect is bound on all sides by New Found Gold.

York gold property in Quebec

The York gold property comprises 77 claims exceeding 40 square kilometres. The property is on trend between Azimut's Elmer property and the Eleonor gold mine. The Eleonor mine is hosted by rocks similar to the clastic sediments known to host the Ukaw gold showings.

The technical contents of this news release were approved by Andrew Lee Smith, BSc, PGeo, ICDD, a qualified person as defined by National Instrument 43-101.

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