Kingsmen Receives TSX Venture Exchange Acceptance to Acquire the Las Colorados Project in Chihuahua, Mexico
TSXV: KNG
OTCQB: KNGRF
Suite 1305, 1090 West Georgia Street | Vancouver, BC, V6E 3V7, Canada
Tel: (604) 685-9316| Fax: (604) 683-1585
Kingsmen Receives TSX Venture Exchange Acceptance to
Acquire the Las Colorados Project in Chihuahua, Mexico
Vancouver, British Columbia – January 26, 2023 - Kingsmen Resources Ltd. ("Kingsmen" or the
“Company") (TSXV:KNG) (OTCQB: KNGRF) announces that, further to the Company’s press releases
dated September 29, 2022 and December 1 2022 the Company has received TSX Venture Exchange
acceptance to its option to acquire 100% of the Las Colorados Gold-Silver-Copper-Lead-Zinc Project in
Chihuahua Mexico . The project area includes the Las Colorados mine and surrounding claims.
About Kingsmen Resources
Kingsmen is currently focused on district-scale exploration for precious metals in the prolific mining district
of Parral Mexico. The acquisition of the Las Colorados Project in Mexico gives the Company a renewed
focus on exploration, development and production. In addition, the company holds a 1% NSR on the La
Trini project which forms part of the Los Ricos North project currently being explored by GoGold
Resources in the state of Jalisco State, Mexico.
Signed: “Scott Emerson”
President & CEO
Phone: 6046859316
Email: [email protected]
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada
accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statement:
All statements, trend analysis and other information contained in this press release about anticipated future
events or results constitute forward-looking statements. Forward-looking statements are often, but not always,
identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect” and
“intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be
achieved and other similar expressions. All statements, other than statements of historical fact, included herein,
including, without limitation, statements regarding the completion of the acquisition of the Las Coloradas
Project and receipt of regulatory approval, are forward-looking statements. Although Kingsmen believes that
the expectations reflected in such forward-looking statements and/or information are reasonable, undue reliance
should not be placed on forward -looking statements since Kingsmen can give no assurance that such
expectations will prove to be correct. These statements involve known and unknown risks, uncertainties and
other factors that may cause actual results or events to differ materially from those anticipated in such forward-
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looking statements, including the risks, uncertainties and other factors identified in Kingsmen’s periodic filings
with Canadian securities regulators, and assumptions made with regard to: Kingsmen’s ability to make the
required payments under the definitive agreements; and Kingsmen’s ability to secure the necessary regulatory
approvals. Forward-looking statements are subject to business and economic risks and uncertainties and other
factors that could cause actual results of operations to differ materially from those contained in the forward-
looking statements. Important factors that could cause actual results to differ materially from Kingsmen’s
expectations include risks associated with the business of Kingsmen; risks related to the satisfaction or waiver
of certain conditions to the closing of the acquisition of the Las Coloradas Project; non -completion of the
acquisition of the Las Coloradas Project; risks related to exploration and potential development of the Las
Coloradas Project; business and economic conditions in the mining industry generally; fluctuations in
commodity prices and currency exchange rates; uncertainties relating to interpretation of drill results and the
geology, continuity and grade of mineral deposits; the need for cooperation of government agencies in the
exploration and development of properties and the issuance of required permits; the need to obtain additional
financing to develop properties and uncertainty as to the availability and terms of future financing; the
possibility of delay in exploration or development programs and uncertainty of meeting anticipated program
milestones; uncertainty as to timely availability of permits and other governmental approvals; and other risk
factors as detailed from time to time and additional risks identified in Kingsmen’s filings with Canadian
securities regulators on SEDAR in Canada (available at www.sedar.com). Forward-looking statements are
based on estimates and opinions of management at the date the statements are made. Kingsmen does not
undertake any obligation to update forward looking statements except as required by applicable securities laws.
Investors should not place undue reliance on forward-looking statements.