Vancouver, British Columbia–(Newsfile Corp. – April 15, 2025) – KINGSMEN RESOURCES LTD. (TSXV: KNG), (OTCQB: KNGRF) ( FSE: TUY) (“KINGSMEN” or the “COMPANY”) announces that further to a price reservation filed on March 17, 2025 the Company has arranged a non-brokered private placement financing (the “Financing“) of up to 2,100,000 units (each a “Unit“), at a price of $0.72 per Unit, to raise up to $1,512,000. Each Unit will consist of one common share and one-half of a common share purchase warrant. Each whole warrant (a “Warrant“) will entitle the holder to purchase an additional common share at a price of $0.89 for a period of two years from closing. Finder’s fees may be payable and net proceeds will be used to further advance its Las Coloradas Silver/Gold project in Mexico and for working capital.
All securities issued in the Financing are subject to a four-month hold period and to all necessary regulatory approvals, including…
