Kingsmen Resources Ltd. (TSXV: KNG | OTCQB: KNGRF | FSE: TUY), a Vancouver-based mineral exploration company focused on silver and gold projects in Mexico, has announced a service agreement with Resource Stock Digest (RSD) of Round Rock, Texas, for investor relations and promotional services. The three-month advertising and marketing program carries a cash fee of US$150,000, payable upon TSXV approval of the agreement. Investors may be watching this engagement closely given the company's ongoing exploration activities and the disclosed ownership ties between RSD's operators and Kingsmen.

Key Points

  • Kingsmen Resources Ltd. (TSXV: KNG | OTCQB: KNGRF | FSE: TUY)
  • The company has entered into a three-month marketing agreement with Resource Stock Digest for promotional and advertising services
  • The cash fee is US$150,000, payable upon receipt of TSXV approval; RSD operators Gerardo Del Real and Nick Hodge are disclosed shareholders of Kingsmen
  • Investors may be watching whether the campaign broadens visibility for Kingsmen's Las Coloradas and Almoloya projects in Parral, Mexico

Terms of the Resource Stock Digest Marketing Agreement

Under the agreement, RSD will provide promotional services to Kingsmen in accordance with TSX Venture Exchange Policy 3.4 governing investor relations, promotional, and market-making activities. The program runs for three months, with the US$150,000 fee due upon TSXV approval. RSD's model includes conducting interviews with the company and producing original content distributed to its subscriber base. The release states that RSD and its principals are at arm's-length to Kingsmen and have no relationship with the company outside of this agreement.

Disclosed Ownership Ties Between RSD Operators and Kingsmen

The announcement discloses that RSD is owned and operated by Gerardo Del Real and Nick Hodge, both of whom are shareholders of Kingsmen Resources as of the date the agreement was signed. The company confirms that, despite this shareholding, both operators and RSD itself are considered arm's-length to Kingsmen, with no additional relationship extending beyond the marketing agreement. The disclosure aligns with standard TSXV regulatory transparency requirements for investor relations arrangements involving parties who hold an equity interest in the issuer.

Kingsmen's Parral, Mexico Silver and Gold Projects

Kingsmen holds 100% interests in the Las Coloradas silver/gold project and the Almoloya gold/silver project, both located in the Parral mining district of Mexico. The release describes these projects as situated on structural and stratigraphic belts hosting historic high-grade silver mines and considered prospective for further precious metal discoveries. Additionally, Kingsmen holds a 1% 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. The immediate share price impact was not clear from available public information.