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Kermode Resources Ltd. Capital/Financing Update 2024

Mar 7, 2024

42496_rns_2024-03-06_635c8b09-c252-4a43-ab11-20f34b4a8ebc.pdf

Capital/Financing Update

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Kermode completes $34,153.70 under Shares for Services Agreements with Gold Range Company LLC

Victoria, British Columbia - (March 6, 2024) - Kermode Resources Ltd. (TSXV: KLM) ("Kermode") announces work completed under the shares for services agreements with Gold Range Company LLC. Details of the agreements are provided in Kermode’s news release dated August 16, 2023.

The closing share price of Kermode on March 1, 2024, and the issuance price under the agreement shall be $0.01 per share.

The total amount of services provided by Gold Range Company LLC was $34,153.70, which will be paid with 3,415,370 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.