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Kermode Resources Ltd. — Share Issue/Capital Change 2023
Aug 2, 2023
42496_rns_2023-08-02_54071eab-a893-4e0f-9032-1a0a06bca6fe.pdf
Share Issue/Capital Change
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Kermode issues shares under Shares for Services Agreements with CEO and CFO for July 2023
Victoria, British Columbia - (July 12, 2023) - Kermode Resources Ltd. (TSXV: KLM) ("Kermode") announces work completed in July 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 August 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 the CEO Peter Bell in July 2023 was $5,000, which will be paid with 500,000 shares of Kermode. The total amount of services provided by the CFO Andrew Low (Zhizhen Liu) through NewCrest Consulting Corporation in July 2023 was $5,000, which will be paid with 500,000 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: [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.