Mr. Simon Studer reports

KINGMAN ANNOUNCES STOCK OPTIONS

Kingman Minerals Ltd.'s board of directors has approved the grant of stock options in accordance with the terms of the company's rolling stock option plan.

A total of one million options have been granted to officers, directors and consultants of the company.

Each option entitles the holder to acquire one common share of the company at an exercise price of 12 cents per share. The options vest immediately, have a five-year term from the date of grant, and are subject to the terms of the company's equity incentive plan and applicable securities legislation.

The stock option grant is subject to approval by the TSX Venture Exchange.

About Kingman Minerals Ltd.

Kingman is a publicly traded exploration and development company focused on precious metals in North America. The company's flagship project comprises the fully owned historic Rosebud mine, located in the Music Mountains, Mohave county, Arizona. High-grade gold and silver veins were discovered in the area in the 1880s, and were mined mainly in the late 1920s and 1930s. Underground development on the Rosebud property included a 400-foot main shaft and approximately 2,500 feet of drifts, raises and crosscuts.

We seek Safe Harbor.