Kingsmen Resources Ltd. is pleased to announce the closing of its previously announced "bought deal" basis private placement for gross proceeds of C$13,000,000.50, which includes the exercise in full of the underwriter's option. Pursuant to the Offering, the Company sold 5,777,778 units of the Company at a price of C$2.25 per Unit . Each Unit consists of one common share of the Company and one-half of one Common Share [...]
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 from gross proceeds of C$10,000,001.25 to gross proceeds of C$11,000,000.25. Pursuant to the upsized Underwritten Offering, Red Cloud Securities Inc. , as sole underwriter and bookrunner, has agreed to purchase for resale 4,888,889 [...]
Kingsmen Resources is pleased to announce that it has entered into an agreement with Red Cloud Securities, as sole underwriter and bookrunner, pursuant to which Red Cloud has agreed to purchase for resale 4,444,445 units of the Company at a price of C$2.25 per Unit on a "bought deal" basis in a private placement for gross proceeds of C$10,000,001.25. Each Unit will consist of one common share of the Company and one-half [...]
Kingsmen Resources is pleased to report assays from diamond drill holes LC-25-005, LC-25-006 and LC-25-007 drilled on the Soledad mineralized structure. Assays from hole LC-25-010, drilled as an undercut to LC-25-005, were previously reported on Sept 24, 2025. Highlights: LC-25-005: 15.7 m @ 74 g/t Ag Eq in alteration zone including: Upper zone: 704 g/t Ag Eq over 0.35m Lower zone: 1379 g/t Ag Eq over 0.6m Increasing [...]
Kingsmen Resources is pleased to report assays from diamond drill holes LC-25-002, LC-25-003 and LC-25-004 drilled on the DBD zone. Hole LC-25-004 intersected significant silver rich mineralization in a new area. The Las Coloradas silver project. 241 g/t silver equivalent over 3.15 m from 70.15-73.30m including 525 g/t silver equivalent over 1.15 m from 71.2-72.35m. See Table 2 for zinc, lead and gold grades used in the [...]
Kingsmen Resources is pleased to report assays from from three diamond drill holes at its Las Coloradas silver-gold project. Drillhole LC-25-012 is the first hole testing the +1 km long Soledad II vein/structure. The hole was drilled approximately 1.5 km northwest of the Soledad discovery. Highlights include: 4.8 m @ 90 g/t AgEq from 56.7 m, including: 1.3 m @ 270 g/t AgEq from 56.7 m, including: 0.8 m @ 360 g/t AgEq from [...]
Kingsmen Resources is pleased to report is pleased to report first results from it's on-going surface sampling program of old workings along the Juliettas structure of the Almoloya project. The Almoloya project includes the past producing Cigarrero and Las Juliettas mines. The project represents a consolidation of claims into a single, contiguous land package. A total of 527 samples were collected from historic [...]
Kingsmen Resources is pleased to announce that the Company has entered into a service agreement with Resource Stock Digest of Round Rock. Under the terms of the Agreement, among other things, RSD has agreed to provide certain promotional services to the Company in accordance with Policy 3.4 - Investor Relations, Promotional and Market-Making Activities of the TSXV. RSD has been engaged for a 3-month advertising and [...]
Kingsmen Resources is pleased to report first assays from hole LC-25-008 that intersected significant new gold rich silver mineralization. This hole was drilled 160 meters from the previously reported high grade silver discovery of 1,028 g/t silver equivalent over 1.45 meters from 190.25-191.70m including 1,742 g/t silver equivalent over 0.70 meters from 190.85- 191.55m in hole LC-25-010. These holes were drilled as part [...]
Kingsmen Resources Ltd. , 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 [...]
Kingsmen Resources Ltd. is pleased to announce that due to strong demand, it has elected to increase the previously announced non-brokered private placement by up to $1,012,500. The Company now proposes to issue an aggregate of up to 2,975,000 units , at a price of $1.35 per Unit, to raise up to $4,016,250. Each Unit will consist of one common share and one-half of a common share purchase warrant. Each whole warrant will [...]
Kingsmen Resources Ltd. announces it had arranged a non-brokered private placement financing of up to 2,225,000 units , at a price of $1.35 per Unit, to raise up to $3,003,750. Each Unit will consist of one common share and one-half of a common share purchase warrant. Each whole warrant will entitle the holder to purchase an additional common share at a price of $1.90 for a period of two years from closing. Finder's fees [...]
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