King Resources, Inc.
PINKSHEETS : KING

King Resources, Inc.

April 05, 2012 15:45 ET

King Resources (KING) Completes Merger With Grid Grabber

HENDERSON, NEVADA--(Marketwire - April 5, 2012) - King Resources, Inc. (PINKSHEETS:KING) (www.king-resources.com) management is pleased to announce that it has completed the merger with Grid Grabber (www.gridgrabber.com). Simply put, Grid Grabber powers up when hydro is at its cheapest rates and then supplies it to your needs when it's at its most expensive. Grid Grabber is environmentally friendly, and clean. Grid Grabber offers daily saving without change in usage. No more black-outs. No more high Hydro bills with Grid Grabber. More details and additional releases will follow on Grid Grabber activities.

In other company news and events, the company is using this opportunity to bring attention to its recent filings on www.otcmarkets.com.

The company has recently filed a legal opinion of the current Adequate Disclosure and expects a favorable ruling to be forthcoming shortly. (Target: Current Issuer). The company has received certain inquiries from its shareholders and followers visa vie a possible reverse split anticipation, ahead of any additional primary mergers. The company has no plans immediate, or in the near future of any such corporate action and or dilution; and or participation in any sort of toxic financing whatsoever.

The Company reminds its readers and followers to visit OTC Markets site where its corporate documents are currently filed and available for viewing. KING has sufficient resources that are made available through its preferred shareholders and stakeholders to complete the necessary upcoming mergers and acquisitions without any dilution. KING share structure will remain undisturbed and in a "lock down" mode as outlined in the recently filed Adequate Disclosure.

King management intends to release more details and information on Grid Grabber and other PRIMARY mining projects / properties / mergers shortly and on a timely and frequent basis.

Safe Harbor Statement

Information in this news release may contain statements about future expectations, plans, prospects or performance of King Resources, Inc., that constitutes forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project" and similar words and phrases are intended to identify such forward-looking statements. King Resources, Inc. cautions you that any forward-looking information provided by or on behalf of King Resources, Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. King Resources, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond King Resources, Inc.'s control. In addition to those discussed in King Resources, Inc.'s press releases, public filings, and statements by King Resources, Inc.'s management, including, but not limited to, King Resources, Inc.'s estimate of the sufficiency of its existing capital resources, King Resources, Inc.'s ability to raise additional capital to fund future operations, King Resources, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match King Resources, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. King Resources, Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.

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