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Kermode Resources Ltd. Capital/Financing Update 2023

Sep 5, 2023

42496_rns_2023-09-05_59bb77bd-520e-4f0f-9280-6b73e1060f21.pdf

Capital/Financing Update

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Kermode completes $21,528.78 in August 2023 under Shares for Services Agreements with 911 EXPLORATION

Victoria, British Columbia - (September 5, 2023) - Kermode Resources Ltd. (TSXV: KLM) ("Kermode") announces work completed in August under the shares for services agreements with 911 EXPLORATION CORP. Details of the agreements are provided in Kermode’s news release dated January 4, 2023.

The closing share price of Kermode on September 1, 2023, was $0.005, which means the issuance price under the agreement shall be $0.01 per share.

The total amount of services provided by 911 EXPLORATION CORP. in August 2023 was $21,528.78, which will be paid with 2,152,878 shares of Kermode. All shares issued are subject to a four-month hold.

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.

Forward-Looking Statements

This news release contains statements that constitute "forward-looking statements" within the meaning of applicable Canadian and United States securities legislation. Forward-looking statements in this document includes, but is not limited to whether any proposed transaction shall be completed at any time.