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Kermode Resources Ltd. — Share Issue/Capital Change 2025
Mar 27, 2025
42496_rns_2025-03-27_b6a8eaea-3b41-4a44-8cb6-4f211c63625d.pdf
Share Issue/Capital Change
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KERMODE ADOPTS NEW SECURITY BASED COMPENSATION PLAN
Vancouver, British Columbia – March 27, 2025 – Kermode Resources Ltd. (TSXV: KLM) (the “Company”) announces that it has adopted a new Security Based Compensation Plan (“New Plan”), replacing the Company’s previous 2024 security based compensation plan.
The New Plan has been conditionally approved by the TSX Venture Exchange (the “TSXV”) and remains subject to approval by the shareholders at the Company’s upcoming Annual General and Special Meeting of Shareholders scheduled for April 28, 2025.
The New Plan is a “rolling up to 10% and fixed up to 10%” plan, as defined in the TSXV’s policies, which contemplates the grant of options and restricted share units to eligible participants. For more information respecting the New Plan and to review the full text of the New Plan, please refer to the Company’s management information circular dated March 21, 2025, which is available on the Company’s profile on www.sedarplus.ca.
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.