“Company”) (TSX-V:KNG/OTCQB :KNGRF) announces the sale of the La Trini property which

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Vancouver, British Columbia, Canada, August 26, 2022, Kingsmen Resources Ltd. (the

“Company”) (TSX-V:KNG/OTCQB :KNGRF) announces the sale of the La Trini property which

closed February 01,2022 , has received TSX approval.

On closing of the transaction the Company will retain a 1% NSR on the Property. The Purchaser

may repurchase the 1% NSR at any time by paying the Company US$1,000,000. With the sale, the

Company does not meet Tier 2 Continued listing requirements (CLR) and has until September 30 to

file another transaction that meets CLR for approval with the TSXV in order to maintain its listing

status. Failure to complete a transaction by the deadline, the company’s shares will be transferred to

the NEX for trading.

Kingsmen is well capitalized and continues to explore business opportunities in the mining sector

We seek Safe Harbor.

On behalf of the board:

“Scott Emerson”

President and CEO

For additional information, please contact:

Scott Emerson, President and CEO at (604) 603-0074 or

Email: [email protected]

Website: www.kingsmenresources.com

Neither the TSX Venture Exchange, nor its Regulation Services Provider (as that term is defined in the

policies of the TSX Venture Exc hange) accepts responsibility for the adequacy or accuracy of this

release.