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Kermode Resources Ltd. Share Issue/Capital Change 2025

Mar 13, 2025

42496_rns_2025-03-12_25f8e810-bdb6-4223-80ea-8625dd91ee1d.pdf

Share Issue/Capital Change

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KERMODE PROVIDES CORPORATE UPDATE

VANCOUVER, BC, March 12, 2025 – Kermode Resources Ltd. (“Kermode” or the “Company”) (TSXV:KLM) is pleased to provide a corporate update respecting the following corporate matters:

  1. the Company clarifies that all shares issued by the Company in connection with its acquisition of 1521158 B.C. Ltd., announced this morning, are subject to an Exchange Hold Period (as defined in the policies of the TSX Venture Exchange), expiring four months and one day from issuance;

  2. the Company announces that its shares-for-services agreement, previously announced October 24, 2024, with 802213 Alberta Ltd. has been cancelled. No shares were issued pursuant to this agreement;

  3. the Company announces that its shares-for-services agreement, previously announced on October 24, 2024, with William Morris-Nelson has been cancelled. No shares were issued pursuant to this agreement; and

  4. the Company announces that its investor relations agreement, previously announced August 27, 2024, with Jake Tiley was cancelled in October 2024 and the 1,000,000 stock options previously awarded to Mr. Tiley were cancelled in connection therewith.

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

For further information, please contact:

Tel: 1-250-588-6939
Email: [email protected]
Website: https://linktr.ee/kermoderresources

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.