King Global Ventures Secures $3.24M via Warrant Exercise with Strong Insider Participation to Fund Iron Horse Drilling

Significant Warrant Exercise Demonstrates Investor Confidence

King Global Ventures reported that during 2026, shareholders exercised 7,201,778 warrants at $0.45 each, generating $3,240,800 in gross proceeds. This substantial warrant conversion reflects strong investor trust in the company’s exploration plans and leadership. The announcement was made on July 21, 2026, from the company’s Vancouver, British Columbia headquarters.

The warrant exercises indicate ongoing market interest in King Global’s equity. By converting warrants into common shares, existing shareholders have increased their stakes at the set exercise price, signaling belief in the company’s future value and prospects.

Directors and Insiders Lead with $2.525 Million Investment

Of the total $3,240,800 raised, directors and insiders exercised warrants totaling $2,525,000, representing approximately 78% of the capital raised. This significant insider participation highlights management’s strong commitment and confidence in King Global Ventures’ projects and strategic direction.

CEO Robert Dzisiak expressed gratitude for this support, stating the company is "very appreciative of the strong support it has received from its shareholders in the exercise of the warrants and especially the Directors and insiders who invested $2,525,000 of the total proceeds." He added that this backing "reflects the Directors’ strong belief in the potential of the King project." This insider involvement serves as a key endorsement of the company’s exploration thesis.

Funds Allocated to Iron Horse 14,000-Foot Diamond Drilling Program

The $3,240,800 raised will be directed toward completing a 14,000-foot diamond drilling program at the Iron Horse Property and general operating expenses. This sizable drilling initiative indicates King Global’s intent to conduct extensive subsurface exploration to assess mineral potential at Iron Horse. The announcement did not specify the exact breakdown between drilling and operating costs.

Diamond drilling in mineral exploration helps define mineralization geometry, obtain assay samples, and map subsurface geology. A 14,000-foot program suggests multiple drill holes or deep drilling at Iron Horse. Details on drill locations, target zones, or timelines were not disclosed.

Focus on Iron Horse Property Exploration

While King Global Ventures manages several North American exploration properties, the Iron Horse Property is currently prioritized for capital investment. Specifics about Iron Horse’s location, size, or geology were not provided in this announcement. Investors seeking further information should consult the company’s website or SEDAR+ filings.

Allocating most funds to this drilling program indicates management’s conviction in Iron Horse’s exploration potential, based on geological merit and strategic importance within the company’s portfolio.

Additional Projects: Black Canyon and Mikwam Gold Properties

King Global’s portfolio also includes the Black Canyon Project in Yavapai County, Arizona, an early-stage exploration asset. It consists of 213 contiguous concessions totaling 4,000 acres, including 15 former mines such as the historic Howard Copper Mine. Located about 100 kilometres north of Phoenix and 13 kilometres northwest of Arizona Metals Corp. (TSXV:AMC), Black Canyon targets copper-gold-silver-zinc and Volcanogenic Massive Sulphide (VMS) mineralization. Yavapai County has a rich mining history with notable past producers like Bagdad, Jerome, and Cleopatra. The Howard Copper Mine, discovered in the 1920s, features a main shaft reaching 900 feet, though mining reportedly did not extend below 500 feet.

King Global also operates the Mikwam Gold Property in Ontario’s Abitibi Greenstone Belt, located in Noseworthy Township within the Superior Province. Positioned along the Casa Berardi Deformation Zone, which hosts Detour Gold’s Burntbush Property, Mikwam’s gold mineralization occurs in Timiskaming-aged conglomerate and greywacke units with quartz-carbonate veins and pyrite. The Abitibi Greenstone Belt is a prolific gold-mining district with a long exploration and production history. Limited recent details on exploration or development at Mikwam were provided.

Qualified Person Confirms Technical Data

The release includes a Qualified Person statement in line with National Instrument 43-101 standards. Andrew Lee Smith, P.Geo., ICD.D, an independent consultant to King Global Ventures, reviewed and approved the scientific and technical information. Smith conducted a thorough analysis of data from the 2025 Silver Cord drill program, including sampling methods, chain-of-custody, and QA/QC protocols, confirming no material issues impacting assay reliability.

Laboratory Accreditation and Analytical Methods

The Qualified Person verified that ALS Geochemistry, an ISO/IEC 17025:2017 accredited independent laboratory, performed the assays. Analytical techniques included multi-element ICP-MS, ICP-AES, and appropriate over-limit reanalysis methods suited to the Silver Cord mineralization style. Geological interpretations presented—covering structural controls, alteration patterns, metal zonation, and hydrothermal mineralization phases—are consistent with drill core, surface mapping, geochemical data, and assays.

These interpretations are conceptual geological models based on current exploration data, reflecting the preliminary nature typical of early-stage projects. Specific assay results, mineralization widths, grades, or continuity were not disclosed.

Forward-Looking Statements and Risk Factors

The announcement contains cautionary notes on forward-looking information, acknowledging inherent risks such as financing uncertainty, economic and industry conditions, and regulatory dependencies. The company advises that assumptions underlying forward-looking statements may prove inaccurate and warns against undue reliance. King Global Ventures disclaims any obligation to update these statements except as required by law, consistent with standard disclosure practices for Canadian junior explorers.

Trading Information and Disclosure Resources

King Global Ventures Inc. is listed on the Canadian Securities Exchange under ticker KING, OTCQB as KGLDF, and Frankfurt Exchange as 5LM1. The CSE does not assume responsibility for the announcement’s adequacy or accuracy. Additional details on King Global Ventures are available at www.kingglobal.gold and via SEDAR+ filings at www.sedarplus.ca, where investors can find comprehensive disclosures on projects, historical results, and financials.

The immediate impact on share price was not publicly available. Investors should monitor future updates, as junior exploration companies typically release periodic news on drilling results, assay data, and corporate developments. The ongoing 14,000-foot Iron Horse drilling program is expected to yield further information in upcoming announcements.