Kingsmen Resources Provides Update ON Private Placement

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Exploration drives the company.

TSX-V: KNG

OTCQB: KNGRF

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR

DISSEMINATION DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

KINGSMEN RESOURCES PROVIDES UPDATE ON PRIVATE PLACEMENT

VANCOUVER, BRITISH COLUMBIA – April 23rd, 2025 - KINGSMEN RESOURCES LTD. (“KINGSMEN” or the

“COMPANY”) (TSXV: KNG), (OTC: KNGRF) (FSE: TUY) is pleased to announce that conditional approval from the

TSX Venture Exchange has been received for the private placement announced on April 15, 2025.

Upon review the Company has, however, decided it will change the exercise price of the warrant forming part of the financing.

The exercise price of the warrant will now be increased to $1.05 per share.

The Company also announces it is a sponsor of the Resource Stock Digest website and pays a quarterly fee of US $10,000.

This press release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of a ny of

the Shares in any jurisdiction in which such offer, solicitation or sale would be unlawful. The Shares have not been, and will

not be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities

laws of any state of the United States, and may not be offered or sold in the United States or to, or for the account or bene fit

of, U.S. persons (as defined in Regulation S under the U.S. Securities Act) absent registration under the U.S. Securities Act

and applicable state securities laws or an exemption from such registration requirements.

About Kingsmen Resources

Kingsmen Resources is a mineral exploration company focused on advancing its 100% held Las Coloradas Project located

in the prolific mining district of Parral Mexico. The project hosts the historic past producing high -grade silver mine, Las

Coloradas. It is considered to be prospective for hosting further precious metal deposits, being on the same structural and

stratigraphic belts that host numerous other, on -trend, high- grade deposits. In addition, the company has a 1% NSR on the

Los Ricos North project operated by GoGold Resources Inc.in Mexico. The Company’s leaders have extensive experience

in the mining and financial sectors. Kingsmen is a publicly -traded company (TSX.V:KNG; OTCQB: KNGRF) and is

headquartered in Vancouver, British Columbia.

On behalf of the Board,

“Scott Emerson”

Scott Emerson, President & CEO

Phone: 604- 685-9316

Email: [email protected]

Forward-Looking Statement:

Certain disclosure contained in this news release may constitute forward-looking information or forward-looking statements,

within the meaning of Canadian securities laws. These statements may relate to this news release and other matters identified

in the Company's public filings. In making the forward -looking statements the Company has applied certain factors and

assumptions that are based on the Company's current beliefs as well as assumptions made by and information currently

available to the Company. These statements address future events and conditions and, as such, involve known and unknown

risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially

different from any future results, performa nce or achievements expressed or implied by the statements. These risks and

uncertainties include but are not limited to: the political environment in which the Company operates continuing to support

the development and operation of mining projects; the threat associated with outbreaks of viruses and infectious diseases;

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risks related to negative publicity with respect to the Company or the mining industry in general; planned work programs;

permitting; and community relations. Readers are cautioned not to place undue reliance on forward-looking statements. The

Company doe s not intend, and expressly disclaims any intention or obligation to, update or revise any forward -looking

statements whether as a result of new information, future events or otherwise, except as required by law.

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

Venture Exchange) accepts responsibility for the adequacy or accuracy of this news.