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Kermode Resources Ltd. Capital/Financing Update 2024

Jul 5, 2024

42496_rns_2024-07-05_c73b901a-b106-48ba-965e-e93b6cebdf15.pdf

Capital/Financing Update

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Kermode completes $18,355 in June 2024 under Shares for Services Agreements with Justin Deveault

Victoria, British Columbia - (July 3, 2024) - Kermode Resources Ltd. (TSXV: KLM) ("Kermode") announces exploration work completed in May under the shares for services agreements with Mr. Justin Deveault. Details of the agreements are provided in Kermode’s news release dated May 15, 2024.

The issuance price shall be $0.01 per share. The total amount of services was $18,355.52. The number of shares that will issued are 1,835,552 shares of Kermode. All shares issued are subject to a four-month hold.

Kermode provides the following information describing the work activities:

June 2024 June 2024 Total Number
of Days
Total Number
of Days
Field Days Field Days Field Days Office Days Office Days Office Days Total Driving
(km)
Total Driving
(km)
Quantity 28 28 0 1,888
June
2024
Videos
Created
Videos
Published
Samples
Collected
Samples
Tested by
XRF
Samples
Assayed
Backpack
Drilling
(Metres)
Adding to
Stockpile
(kg)
Total
Stockpile
(kg)
Quantity 3 2 25 0 0 0 1,495 15,200

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.