King Global Ventures (TSE:KING) has released an update.
Ben Hudye, the Breathe Trust, and a consortium led by Jason Campbell have significantly increased their stakes in King Global Ventures Inc. by acquiring securities through private placements and grants. These acquisitions have given the acquirers influential ownership percentages, with the Breathe Trust now controlling approximately 7.73% on a non-diluted basis and Hudye’s interests reaching 6.63% non-diluted ownership. The private placement prices were set at $0.25 per unit, with each unit including a common share and a warrant, which could potentially alter the company’s ownership landscape if exercised.
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