Kings Bay Resources Announces LEI Number

Vancouver BC. (FSCwire) - Kings Bay Resources Corp. (TSX.V: KBG, FSE: KGB1) (the Company or Kings Bay Resources) announces that it has been assigned the Legal Entity Identifier (LEI) number 5299008LRGOF2OYXQ954. The European Union has adopted regulations that require use of the LEI as a barcode equivalent aimed at pinpointing systemic risks.

About the Legal Entity Identifier (LEI)

The Legal Entity Identifier (LEI) number is a 20-digit alphanumeric code. It is an internationally standardized and globally valid identifier for financial market participants. Its purpose is to clearly and unequivocally identify contracting parties (e.g., companies, banks, and investment funds). It is used to comply with a variety of financial reporting requirements. The Deutsche B[[85]][[41]]rse Group has stated that the LEI will clearly assist the regulatory authorities in monitoring and analysing threats to the stability of the financial markets, (but) it can also be utilised by counterparties internally for risk management purposes.

Kings Bay Resources meets the requirement for all companies listed on German Stock Exchanges (ie. Frankfurt Stock Exchange) to have an LEI number by January 3, 2018.

According to the website of the Deutsche B[[85]][[41]]rse Group, the LEI number will affect most aspects of the securities markets in Europe, including trading, clearing, settlement, custody, collateral and liquidity management, market data and indices. (See http://deutsche-boerse.com/dbg-en/regulation/regulatorytopics/legal-entity-identifier)

About Kings Bay Resources

Kings Bay Resources is focused on the exploration of cobalt and other high[[18]]tech metals in North America. The Company believes in this emerging fast[[18]]growth sector and will continue to seek out and evaluate properties that show promise for development.

On Behalf of the Board

Kevin Bottomley President & Chief Executive Officer

O: 604 681 1568

E: Kevin@kingsbayres.com (mailto:Kevin@kingsbayres.com)

For Investment Inquiries please contact:

Jared Rushton

O: 604 681 1568

E: Jrushton@kingsbayres.com (mailto:Jrushton@kingsbayres.com)

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Source: Kingâ??s Bay Resources Corp. (TSX Venture:KBG) http://www.kingsbaygold.com/

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