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KINGSTON RESOURCES LIMITED Capital/Financing Update 2019

May 9, 2019

65206_rns_2019-05-09_a5ae38d0-9da1-4184-8566-1c360fc56c4c.pdf

Capital/Financing Update

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ASX Announcement

Completion of $4.3m Placement

10 May 2019

ASX Code: KSN

Share Price: A$0.018 Shares Outstanding: 1,508,760,883 Market Capitalisation: A$27m Cash: A$1.9m (31 Mar 2019)

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Kingston Resources Limited ( Company or KSN ) is pleased to advise that it has now completed its previously announced placement of 276m shares at a price of $0.016 per share (refer ASX Announcement on 3 May 2019) to institutional and sophisticated investors raising net proceeds of $4.3m.

Board and Management

Anthony Wehby Chairman

Andrew Corbett

Managing Directo r

Mick Wilkes

Non-Executive Director

Andrew Paterson

Technical Director

Stuart Rechner

Non-Executive Director

Chris Drew

Chief Financial Officer

Contact Details

205/283 Alfred Street North, North Sydney, NSW 2060 +61 2 8021 7492

[email protected] www.kingstonresources.com.au www.twitter.com/KSNresources @KSNResources

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