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Kingsmen Resources Raises $4,151,250 in Non-Brokered Private Placement

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Kingsmen Resources Raises $4,151,250 in Non-Brokered Private Placement

 

 

 

 

 

KINGSMEN RESOURCES LTD. (TSX-V: KNG), (OTC: KNGRF) (FSE: TUY) is pleased to announce that it has closed its non-brokered private placement financing announced on November 4th and November 12th, 2025. The Company raised gross proceeds of $4,151,250 by issuing a total of 3,075,000 units, at a price of $1.35 per Unit. Each Unit comprised one common share and one-half of a common share purchase warrant. Each whole warrant entitles the holder to purchase an additional common share at a price of $1.90 for a period of two years from closing. Net proceeds will be used to further advance its Las Coloradas Silver/Gold project in Mexico and for working capital. A total of $191,179.36 cash and 141,614 non-transferable finder’s warrants were paid on a portion of the Private Placement. The Finder’s Warrants are also exercisable at $1.90 for a period of two years from closing. All securities issued in the Financing are subject to a four-month hold period and to all necessary regulatory approvals, including the final acceptance of the Exchange.

 

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 any 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 benefit 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 projects, the Las Coloradas silver/gold project and Almoloya gold/silver project located in the prolific mining district of Parral Mexico. The projects host historic past producing high-grade silver mines. They are 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 La Trini claims which form part of the Los Ricos North project operated by GoGold Resources Inc. in Mexico. Kingsmen is a publicly-traded company and is headquartered in Vancouver, British Columbia.

 

Posted November 24, 2025

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