Kingman Annual General and Special Meeting Results

OTCQB: KGSSF

TSX Venture Exchange: KGS.V

Frankfurt: 47A1

FOR IMMEDIATE RELEASE

KINGMAN ANNUAL GENERAL AND SPECIAL MEETING RESULTS

Vancouver, B.C. (July 11, 2022) Kingman Minerals Ltd. (TSX-V:KGS) (OTCQB: KGSSF) (FSE:47A1)

(“Kingman” or the “Company”) (“Kingman” or the “Company”) held its Annual General and Special

Meeting (“AGSM”) at 10:00 am Pacific Standard Time on Monday, July 11, 2022.

At the Company’s AGSM, 16 shareholders representing 7.70% of the Company’s outstanding shares, re -

appointed Peter Born , Arthur Brown, Cyrus Driver, and Simon David Studer to the Board of Directors.

Shareholders re -approved the 10 -per-cent rolling stock option plan, re -appointed Dale Matheson Carr-

Hilton Labonte LLP as auditor of the Company for the ensuing yea r and authorized the directors to fix the

remuneration to be paid to the auditor, and approved a proposed consolidation (the “Consolidation”) of the

issued and outstanding common shares of the Company on the basis of up to ten (10) common shares for

one (1) common share, or such lesser ratio as the directors may deem appropriate. The board of directors

has not yet made a final decision to proceed with a Consolidation, and c ompletion of any Consolidation

remains subject to the review and approval of the TSX Venture Exchange.

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 comprised of

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

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 Rosebud 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 de fined in the policies of the TSX Venture

Exchange) accepts responsibility for the adequacy or accuracy 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 imp lied by

such forward -looking information. Forward -looking information in this news r elease 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 informatio n, whether as a result of new

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