Kingsmen Resources Announces Upsize of Bought Deal Private Placement to Gross Proceeds of C$11 Million

Kingsmen Resources Ltd. is pleased to announce that as a result of strong investor demand, the Company has increased the size of its previously announced “bought deal” basis private placement (the “Underwritten Offering”) from gross proceeds of C$10,000,001.25 to gross proceeds of C$11,000,000.25.