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King Global Ventures Inc.: King Global Completes $1.0 Million Strategic Financing Subscribed by Mr. Eric Sprott


King Global Ventures Inc.: King Global Completes $1.0 Million Strategic Financing Subscribed by Mr. Eric Sprott
(TSXV: KING) (OTC: KGLDF) (FSE: 5LM1) (the
Company or
King ) has completed a private placement of 16,384,616 units of the Company at a price of $0.065 cents per unit for gross proceeds of $1,065,000 including $1,000,000 from Mr. Eric Sprott. Each unit comprises one common share in the capital of the Company and one common share purchase warrant. Each warrant entitles the holder to purchase one common share at an exercise price of 8.5 cents for a period of three years from the closing date.
John F. Cook, CEO, stated: We are pleased to have Mr. Sprott s support to accelerate our exploration and acquisition strategy. His track-record and support of the Canadian gold exploration sector is unparalleled, and we look forward to unlocking and creating value for our shareholders. The additional funds allow us to secure access to drill rigs in order to focus ....

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King Global Ventures Inc.: King Global Receives $1.0 Million Financing Commitment from Mr. Eric Sprott


King Global Ventures Inc.: King Global Receives $1.0 Million Financing Commitment from Mr. Eric Sprott
King Global Ventures Inc.
(TSXV: KING) (OTC: KGLDF) (FSE: 5LM1) (the
Company or King ) has accepted subscriptions for an aggregate 16,384,616 million units of the Company at a price of $0.065 cents per unit for net proceeds of $1,065,000. Each unit comprises one common share in the capital of the company and one common share purchase warrant. Each warrant entitles the holder to purchase one common share at an exercise price of 8.5 cents for a period of three years from the closing date.
Subject to TSX Venture Exchange approval, its anticipated that the placement will close on Monday, May 31, 2021. ....

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The Price of Gold Rises on Favorable Indicators


The Price of Gold Rises on Favorable Indicators
FinancialBuzz.com News Commentary
NEW YORK, April 9, 2021 /PRNewswire/ The gold price grew to cross the USD 1,750 an ounce mark on Thursday on several indicators that the yellow metal is once again in demand as a safe haven asset. According to a report by Kitco, after a pause in central bank gold buying last year, there are signs that demand for gold grows as Hungary tripled its gold reserves. Hungary s central bank increased its gold reserves to 94.5 metric tons from 31.5 tons, citing long-term national and economic policy strategy objectives. This marked one of the most significant central bank gold purchases in decades. Exploits Discovery Corp. (CSE: NFLD) (OTC: RNRRF), NovaGold Resources Inc. (NYSE: NG), McEwen Mining Inc. (NYSE: MUX), Equinox Gold Corp. (NYSE: EQX), Gold Fields Ltd. (NYSE: GFI) ....

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