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
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