Northwire Canada EditionSunday, July 26, 2026
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M&A / Property

Early Warning News Release Issued with Respect to the Acquisition of Securities of King Global Ventures Inc.

KING · Price

Executive Summary

  • Ben Hudye (and entities he controls) and TAM Revocable Trust acquired additional Units of King Global Ventures, increasing their combined ownership to over 21% on a partially‑diluted basis.
  • The acquisitions were made via private placements at $0.45–$0.60 per Unit, each Unit consisting of one common share and one non‑transferable warrant.
  • New RSU and stock option grants were also issued to Ben Hudye, further augmenting his equity interest.

Key Details

  • Ben Hudye – Prior Holdings: 1,400,000 Common Shares, 1,400,000 warrants, 200,000 RSUs (≈6.63% non‑diluted, 14.21% partially‑diluted).
  • Ben Hudje – Post‑Acquisition Holdings: 5,465,832 Common Shares, 5,465,832 warrants, 300,000 RSUs, 100,000 Options (≈11.30% non‑diluted, 21.48% partially‑diluted).
  • July 1 2025 RSU Grant: 100,000 RSUs @ $0.60 exercise price, expiring July 1 2030.
  • July 1 2025 Option Grant: 100,000 Options @ $0.70 exercise price, expiring July 1 2030.
  • April 30 2025 Acquisition (Hudye Inc.): 2,253,333 Units @ $0.45 per Unit; each Unit = 1 common share + 1 warrant (exercise $0.65 for 2 years).
  • February 10 2026 Acquisition (Hudye Inc. & Ben Hudye): 1,812,499 Units @ $0.60 per Unit; each Unit = 1 common share + 1 warrant (exercise $0.90 for 2 years).
  • TAM Revocable Trust – Prior Holdings: 3,081,237 Common Shares and warrants (≈7.5% non‑diluted, 11.54% partially‑diluted).
  • TAM Acquisition (Feb 10 2026): 572,500 Units @ $0.60 per Unit; each Unit = 1 common share + 1 warrant (exercise $0.90 for 2 years).
  • TAM – Post‑Acquisition Holdings: 3,653,737 Common Shares and warrants (≈7.55% non‑diluted, 13.85% partially‑diluted).
  • All acquisitions were made for investment purposes; both parties may buy or sell additional securities in the future.
  • Early warning reports filed with SEDAR+; available via King’s SEDAR profile or by contacting Robert Dzisiak (204‑955‑4803, [email protected]).

Notable Quotes

“Ben Hudye, including those entities which he controls, and TAM have a long‑term view of the investment and may acquire additional securities…or sell the securities…depending on market conditions, reformulation of plans and/or other relevant factors.” – Robert Dzisiak, CEO, King Global Ventures.

Read the original news release →

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