Received by email:

File: Attachment 2022-04-05-KLM-NR Stock Options; Nevada Update; Newfoundland Update.pdf

KERMODE ANNOUNCES STOCK OPTIONS & UPDATES TERMS FOR PROPOSED
         OPTION ON LITTLE BAY COPPER PROJECT IN NEWFOUNDLAND

Victoria, British Columbia   April 5, 2022   Kermode Resources Ltd. (TSXV: KLM) (the
"Company" or "Kermode") announces it has granted 1,000,000 stock options to certain
consultants of the company exercisable at a price of $0.05 per share for a period of five years
from the date of grant. The options have been granted in accordance with the Company's stock
option plan. The company also reports that 1,000,000 stock options have expired, which were
previously issued to former corporate secretary Mr. John Fahmy.

Update to LOI for Little Bay Copper
KLM announces changes to the proposed terms to acquire the Little Bay copper project as in the
non-binding letter of intent previously announced February 17th, 2022.

Total work commitments under the new deal are $4,250,000.00 over 4 years. Over the life of the
deal, the total payments include 33,000,000 common shares in the capital of KLM plus
$262,000.00 cash. The agreement provides for a two percent royalty ("2% NSR") with a
buy-back of 1% for $2,000,000. The vendor group is six private Canadian individuals.

Timing   Cash         Securities  Exploration or Other
                                  Work Commitments

Signing  $12,000.00   1,500,000

Year 1         $0.00  3,000,000   $100,000.00

Year 2         $0.00  6,000,000   $250,000.00

Year 3         $0.00  7,500,000   $400,000.00

Year 4   $250,000.00  15,000,000  $3,500,000.00

Total    $262,000.00  33,000,000  $4,250,000.00

The company Planet X Exploration Services Ltd. has a "right of first refusal" for all exploration
work contracted by Kermode over the life of the option deal. The agreement is subject to the
approval of the TSX Venture Exchange and satisfactory due diligence investigations by KLM.
 Update to LOI for Rye Patch Silver
KLM continues negotiations with the project vendor for the Rye Patch project and will provide
further updates.

About Kermode Resources
Kermode Resources is a junior mineral exploration company engaged in acquiring and
advancing mineral properties globally.

ON BEHALF OF THE BOARD
"Peter Bell"
Peter N. Bell
CEO and Director

Tel: +1 (250) 588-6939
Email: peterbellmining@gmail.com
https://linktr.ee/kermoderesources

--
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts 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 (collectively herein
referred to as "forward-looking information"). Such forward looking statements involve known
and unknown risks, uncertainties and other factors that may cause Kermode actual results,
performance or achievements, or developments in the industry to differ materially from the
anticipated results, performance or achievements expressed or implied by such forward-looking
statements.

The forward-looking information contained in this news release represents the expectations of
the Company as of the date of this news release and, accordingly, is subject to change after such
date. Readers should not place undue importance on forward-looking information and should not
rely upon this information as of any other date. While the Company may elect to, it does not
undertake to update this information at any particular time except as required in accordance with
applicable laws.