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Kermode Resources Ltd. — Capital/Financing Update 2022
Nov 1, 2022
42496_rns_2022-11-01_699fd9ed-b55e-463e-a7d8-5a717bde1a56.pdf
Capital/Financing Update
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Kermode grants Charitable Stock Options
Victoria, British Columbia – November 1, 2022 – Kermode Resources Ltd. (TSXV: KLM) (the “Company” or “Kermode”) announces it has granted 1,196,301 charitable stock options to The Singh Foundation exercisable at a price of $0.05 per share for a period of five years from the date of grant. The Charitable Options have been granted in accordance with the Company's stock option plan.
The Singh Foundation is a registered non-profit charitable society. Charitable Registration No. 76019 8465 RR0001
https://thesinghfoundation.org/
“just let the kids play”
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Peter Bell comments, “Imagine if the junior mining business in Canada did more charitable donations and charitable flow-through financings. When the mining business is at it’s best, it helps people live better lives. It’s amazing to me that the TSXV allows companies to issue options up to 1% in addition to their stock option plan, but few companies do this on a routine basis like I have done with Kermode here. What next?”
About Kermode
Kermode is a junior mining company hunting for exploration opportunities around the world.
On Behalf of the Board of Directors,
KERMODE RESOURCES LTD "Peter Bell" President/CEO
Tel: 1-250-588-6939 Email: [email protected] Website: https://linktr.ee/kermoderesources
Neither the TSX Venture Exchange nor its Regulation Services Provider accept responsibility for the adequacy or accuracy of this release.