Mr. Scott Emerson reports

KINGSMEN RESOURCES ANNOUNCES INCREASE IN PRIVATE PLACEMENT

Due to strong demand, Kingsmen Resources Ltd. 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 entitle the holder to purchase an additional common share at a price of $1.90 for a period of two years from closing. Finders' 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 acceptance of the TSX Venture Exchange.

About Kingsmen Resources Ltd.

Kingsmen Resources is a mineral exploration company focused on advancing its 100-per-cent-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-per-cent NSR (net smelter return) royalty 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, B.C.

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