Kingsmen Announces $600,000 Non-Brokered Private Placement

TSXV: KNG

Suite 1305, 1090 West Georgia Street | Vancouver, BC, V6E 3V7, Canada

Tel: (604) 668-5909 | Fax: (604) 683-1585

NEWS RELEASE

KINGSMEN ANNOUNCES $600,000 NON-BROKERED PRIVATE PLACEMENT

Vancouver, British Columbia , Canada, January 5, 2018 – Kingsmen Resources Ltd . (the “Company”)

(TSXV:KNG), Mr. Scott Emerson, President and CEO is pleased to announce a non -brokered private placement to

raise gross pro ceeds to the Company of up to $600,000 (the “Offering”) by the issuance of up to 8,000,000 units

(each a “ Unit”) at a purchase price of $0. 075 per Unit. Each Unit will consist of one common share (each a

“Share”) of the Company and one half of one common share purchase warrant (each whole warrant a “Warrant”).

Each Warrant will entitle the holder to purchase one common share of the Company at a purchase price of $0. 10 per

share for a period of two years from the date of the closing (the “Closing Date”) of the Offering . No finder’s fees

are payable in connection with the Offering.

All securities issued to purchasers under the Offering will be s ubject to a four-month hold period commencing from

the Closing Date pursuant to applicable securities legislation and the policies of the TSX Venture Exchange.

The net proceeds of the Offering will be used to pay maintenance costs on the Company’s La Trin i Project in the

Hostotipaquillo mining district in Mexico and for general working capital and corporate purposes . The Offering is

subject to the acceptance of the TSX Venture Exchange.

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 policie s of

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

Cautionary Note Regarding Forward –Looking Statements:

This news release contains certain forward-looking statements, including statements regarding the Offering of Units

and the Company’s ability to complete the Offering and receiving acceptance from the TSX Venture Exchange to the

completion of the Offering and the Company’s proposed plans for the use of proceeds . These statements are subject

to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the

forward-looking statements. Factors that could cause actual results to differ materially from those in forward-

looking statements include the Company does not complete all or any part of the Offering, the Company does not

receive regulatory acceptance to the Offering ; changes in metal prices, changes in the availability of funding,

unanticipated changes in key management personnel and general economic conditions. Mining is an inherently

risky business. Accordingly the actual events may differ martially from those projected in the forward- looking

statements. When relying on forward- looking statements to make decisions, investors and others should carefully

consider the foregoing factors and other uncertainties and should not place undue reliance on such forward- looking

statements. The Company does not undertake to update any forward looking statements, oral or written, made by

itself or on its behalf.