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Kermode Resources Ltd. M&A Activity 2022

Aug 18, 2022

42496_rns_2022-08-17_d48f7901-0095-4be4-9e2b-77ff34f15cf2.pdf

M&A Activity

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Kermode abandons LOI for Khrysos Gold Project in BC

Victoria, British Columbia - (August 17, 2022) - Kermode Resources Ltd. (TSXV: KLM) (“KLM” or “Company”) ends the non-binding letter of intent to acquire the KHRYSOS GOLD GOLD PROJECT in British Columbia as previously announced on April 26, 2022.

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 securities legislation (collectively herein referred to as "forward-looking information"). Actual results may differ materially from the anticipated results implied by such forward-looking statements. Forward looking statements are statements that are not historical facts and can be identified by the words "expects," "plans," and similar expressions, or that events or conditions "should" occur. Forward-looking statements are as of the date of this news release and are subject to change.