HENDERSON, NEVADA -- (Marketwire) -- 04/20/12 -- King Resources, Inc. (PINKSHEETS: KING) (http://www.king-resources.com) Further to the company announcements of a share structure reduction (see filing of April 16 2012 "Share Reduction" on OTC Markets) the company is pleased to report that this share reduction has been completed successfully.
KING has received a "transaction journal" from its transfer agent Pacific Stock Company and this document can be viewed on KING quote with OTC Markets www.otcmarkets.com under the "financial tab".
The "Transaction Journal" from KING Transfer Agent is dated April 19 2012 as of closing day 4pm.
More details and updates will follow on a timely basis.
About King Resources, Inc. (KING)
The company is a convergence of leading businesses that capitalize on new green technology, creativity, reputation and expertise to develop and exploit opportunities in real life, consumer savings and environmental changes that improve the quality of life and increases the profitability of the company at the same time.
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.