Announcement PDF ASX/Media Announcement 4 February 2022 Completion of Share Purchase Plan Kingston well-funded to advance Mineral Hill Mine and Misima Gold Project Kingston Resources Limited (Company or KSN) is pleased to announce that the Share Purchase Plan (SPP) announced 18 November 2021 has closed, marking the completion of its capital raising to fund the acquisition of the Mineral Hill Mine in NSW and ongoing development work at the Misima Gold Project in PNG. The Company would like to thank all existing shareholders who made applications under the SPP. A total of 1,150,000 new fully-paid ordinary shares will be issued at 20 cents per share, raising $230,000. Shares issued under the SPP will be allotted on 7 February 2022. The proceeds will provide Kingston with additional working capital to advance its exploration and development activities at both its flagship Misima Gold Project in PNG, where a Definitive Feasibility Study (DFS) is due for completion later this quarter, and the recently acquired Mineral Hill Mine in NSW. ASX: KSN Shares on Issue: 412M Market Cap: A$62M Cash: A$19.8M (31 December 2021) 201/110 Pacific Hwy, North Sydney, NSW 2060 +61 2 8021 7492 info@kingstonresources.com.au www.kingstonresources.com.au @KSNResources This release has been authorised by the Kingston Resources Limited Board. For all enquiries please contact Managing Director, Andrew Corbett, on +61 2 8021 7492. About Kingston Resources Kingston Resources is a metals exploration company which is focused on exploring and developing the worldclass Misima Gold Project in PNG. Misima hosts a JORC Resource of 3.8Moz Au and an Ore Reserve of 1.35Moz. Misima was operated as a profitable open pit mine by Placer Pacific between 1989 and 2001, producing over 3.7Moz before it was closed when the gold price was below US$300/oz. Kingston has concluded a Pre-Feasibility Study for Misima and is continuing to advance development activities. The Misima Project also offers outstanding potential for additional resource growth through exploration success targeting extensions and additions to the current Resource base. Kingston’s interest in Misima is held through its PNG subsidiary Gallipoli Exploration (PNG) Limited. The Misima Mineral Resource and Ore Reserve estimate outlined below was released in an ASX announcement on 24 November 2020 and 15 September 2021. Further information relating to the resource is included within the original announcement. Resource Category Cut-off (g/t Au) Tonnes (Mt) Gold Grade (g/t Au) Silver Grade (g/t Ag) Au (Moz) Ag (Moz) Indicated 0.3 97.7 0.79 4.3 2.5 13.4 Inferred 0.3 71.3 0.59 3.8 1.4 8.7 Total 0.3 169 0.71 4.1 3.8 22.1 Reserve Cut-off (g/t Au) Tonnes (Mt) Gold Grade (g/t Au) Silver Grade (g/t Ag) Au (Moz) Ag (Moz) Probable 0.3 48.3 0.87 4.2 1.35 6.48 Misima JORC 2012 Mineral Resource & Ore Reserve summary table Competent Persons Statement and Disclaimer The information in this report that relates to Exploration Results and Mineral Resources is based on information compiled by Mr. Stuart Hayward BAppSc (Geology) MAIG, a Competent Person who is a member of the Australian Institute of Geoscientists. Mr. Hayward is an employee of the Company. Mr. Hayward has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr. Hayward confirms that the information in the market announcement provided is an accurate representation of the available data and studies for the material mining project and consents to the inclusion in this report of the matters based upon the information in the form and context in which it appears. The Competent Person signing off on the overall Ore Reserves Estimate is Mr John Wyche BE (Min Hon), of Australian Mine Design and Development Pty Ltd, who is a Fellow of the Australasian Institute of Mining and Metallurgy and who has sufficient relevant experience in operations and consulting for open pit metalliferous mines. Mr Wyche consents to the inclusion in this report of the matters based upon the information in the form and context in which it appears. Kingston confirms that it is not aware of any new information or data that materially affects the information included in all ASX announcements referenced in this release, and that all material assumptions and technical parameters underpinning the estimates in these announcements continue to apply and have not materially changed. www.kingstonresources.com.au 2