Kingman Amends Mohave Property Option Agreement

OTCQB: KGSSF

TSX Venture Exchange: KGS.V

Frankfurt: 47A1

FOR IMMEDIATE RELEASE

KINGMAN AMENDS MOHAVE PROPERTY OPTION AGREEMENT

Vancouver, B.C. ( September 14, 20 22) Kingman Minerals Ltd. (TSX-V:KGS) (OTCQB:KGSSF)

(FSE:47A1) (“Kingman” or the “Company”) (“Kingman” or the “Company”) is pleased to announce

that on August 31, 2022, the Company amended the ir option agreement (the “Agreement”) on the

Mohave Property, originally dated December 18, 2019.

Under the amended terms, the Company can acquire 100% interest in the Mohave Property by making the

following payments:

• making a cash payment of $7,500 USD by September 19, 2022;

• making a cash payment of $67,500 USD by December 19, 2022; and

• making a cash payment of $75,000 USD by December 19, 2023.

All other terms and conditions of the Agreement shall remain in full force and effect.

About Kingman

Kingman Minerals Ltd. is currently engaged in the business of precious metal mineral exploration for the purpose of

acquiring and advancing non grass roots mineral properties located in mining friendly jurisdictions of North America.

The Mohave Project (the “Project”) is located in the Music Mountains in Mohave County, Arizona and is compr ised of

72 lode claims which are inclusive of the past producing Rosebud Mine (the “Rosebud”). High -grade gold and silver

veins were discovered in the area in the 1880’s and were mined mainly in the late 20’s and 30’s. Underground

development on the Rosebu d property included a 400 -foot shaft and approximately 2,500 feet of drifts, raises and

crosscuts.

For further information please contact:

Arthur Brown, Chairman & Director

(604) 685-7720

www.kingmanminerals.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Ven ture

Exchange) accepts responsibility for the adequacy or accu racy of this release. This news release may contain forward -looking

information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that

could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by

such forward -looking information. Forward -looking information in this news release includes statements regarding, among other

things, the completion transactions completed in the Agreement. Factors that could cause actual results to differ materially from such

forward-looking information include, but are not limited to, regulatory approval processes. Although Kingman believes that the

assumptions used in preparing the forward -looking information in this news release are reasonable, including that all necessary

regulatory approvals will be obtained in a timely manner, undue reliance should not be placed on such information, which only applies

as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all.

Kingman disclaims any intention or obligation to update or revise any forward -looking information, whether as a result of new

information, future events or otherwise, other than as required by applicable securities laws.