Kermode Resources Ltd. — Share Issue/Capital Change 2023

Dec 5, 2023

Kermode issues shares under Shares for Services Agreements with CEO and CFO for November 2023

Victoria, British Columbia - (December 5, 2023) - Kermode Resources Ltd. (TSXV: KLM) ("Kermode") announces work completed in November under the shares for services agreements with the Chief Executive Officer and Chief Financial Officer. See Kermode’s news release June 1, 2023, for details.

The closing share price of Kermode on December 1, 2023, was $0.025, which means the issuance price under the agreement shall be $0.025 per share.

The total amount of services provided by the CEO Peter Bell in November 2023 was $5,000, which will be paid with 200,000 shares of Kermode. The total amount of services provided by the CFO Andrew Low (Zhizhen Liu) through NewCrest Consulting Corporation in November 2023 was $5,000, which will be paid with 200,000 shares of Kermode to NewCrest Consulting Corporation. All shares issued are subject to a four-month hold.

About Kermode

Kermode is hunting for mining 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: peterbellmining@gmail.com 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 "forward-looking statements" within Canadian and United States securities legislation.