TORONTO, July 16, 2024 (GLOBE NEWSWIRE) — King Global Ventures Inc. (CSE: KING) (OTC: KGLDF) (FSE: 5LM1) (the “Company”) announced that it has closed its previously announced non-brokered private placement (the “Financing”). The Company raised gross proceeds of $3,379,600 through the issuance of 13,518,400 units at $0.25 per Unit.