King Resources, Inc.
PINKSHEETS : KING

King Resources, Inc.

April 03, 2012 08:24 ET

King Resources (KING) Improves Rank from Stop to Yield

Commences Filings on OTC Markets

HENDERSON, NEVADA--(Marketwire - April 3, 2012) - King Resources, Inc. (PINKSHEETS:KING) (www.king-resources.com) management is providing the following update to its followers and shareholders.

Further to the company earlier news release(s) the company is using this opportunity to bring attention to its recent filings on www.otcmarkets.com.

1. Updated Adequate Disclosure amongst other things outlining the business activities of KING and its wholly owned subsidiaries
2. Updated financial statements

King management acknowledges the upgrade of its ranking on OTC Markets from STOP to a YIELD rank. As previously announced, the company has aspirations of reaching the "CURRENT ISSUER" rank with OTC Markets. The company is in the process of obtaining a legal opinion of the current Adequate Disclosure The Company reminds its readers and followers to visit OTC Markets site where these documents are currently filed and available for viewing.

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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