Kingman Adopts Semi-Annual Financial Reporting

Kingman Minerals is switching to semi-annual financial reporting under a regulatory exemption.

Risk flags

• ●Reduced reporting frequency from quarterly to semi-annual means investors will receive less frequent financial updates, potentially delaying the identification of adverse trends or issues. This matters because timely information is critical for risk management in early-stage resource companies.
• ●The announcement provides no actual financial data or operational updates, limiting transparency and making it difficult for investors to assess current performance or financial health. This lack of disclosure increases the risk of information asymmetry.
• ●Eligibility for the reporting exemption is based on self-declared criteria such as annual revenue under $10 million and current filings, but no supporting documentation or third-party verification is provided. This creates a risk that eligibility could be challenged or that the company's status could change without prompt investor awareness.

Bottom line

This announcement is a procedural update: Kingman Minerals will move from quarterly to semi-annual financial reporting starting with the period ending June 30, 2026. No new financial, operational, or strategic information is disclosed, and the company provides no data on current performance or outlook. The reduction in reporting frequency means investors will have less timely access to information, which is a material consideration for those monitoring early-stage exploration companies. The narrative is credible as a compliance update, but the lack of substantive disclosures means this announcement has no direct investment impact. Investors should be aware of the reduced transparency and monitor for future updates that include actual financial or project data. The key takeaway is that this is an administrative change with no immediate effect on company value.

Announcement summary

(TSXV: KGS) (OTCQB: KGSSF) Kingman Minerals Ltd. announces that its Board of Directors has approved the Company's election to rely on Coordinated Blanket Order 51-933 - Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers. The Company has determined that it satisfies the eligibility requirements of the Blanket Order, including that it is a venture issuer, has annual revenue of less than $10 million, has been a reporting issuer for more than 12 months, is current in all required periodic and timely disclosure filings, and satisfies the other eligibility requirements prescribed by the Blanket Order. As a result, the Company will file interim financial reports and related management's discussion and analysis on a semi-annual basis rather than for each interim quarter. The Company's fiscal year end will remain September 30. The first interim period for which the Company will not file interim financial statements and related MD&A will be the nine-month period ended June 30, 2026. Kingman Minerals Ltd. is a publicly traded exploration and development company focused on precious metals in North America, with its flagship project being the fully owned historic Rosebud Mine, located in the Music Mountains, Mohave County, Arizona. Underground development on the Rosebud property included a 400-foot shaft and approximately 2,500 feet of drifts, raises, and crosscuts.

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