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01:41:28 EDT Mon 29 Apr 2024
Enter Symbol
or Name
USA
CA



Kermode Resources Ltd
Symbol KLM
Shares Issued 119,630,170
Close 2022-12-12 C$ 0.01
Market Cap C$ 1,196,302
Recent Sedar Documents

Kermode begins Grey Copper/Jonathan's Pond option

2022-12-13 16:17 ET - News Release

Bell Subject: News release to publish (options GREY COPPER) PDF Document File: Attachment 2022-12-13-KLM-Options GREY COPPER project.pdf Kermode updates GREY COPPER & JONATHAN'S POND project in Newfoundland Victoria, British Columbia - (December 13, 2022) - Kermode Resources Ltd. (TSXV: KLM) ("Kermode") initiates the option agreement for GREY COPPER and JONATHAN'S POND ("Project") as initially announced on June 30 and updated December 9, 2022. The project comprises mineral tenures numbered 034777M and 035343M for 381 hectares, and 034994M for 376 hectares (not 807 hectares as previously reported). The area of the two projects is approximately 758 hectares owned by arm's-length vendors. Kermode may acquire 100% of the project for the following consideration: Date Number and Type of Securities to be Effective Date Issued First Anniversary Second Anniversary 7,000,000 effective date 3,000,000 second anniversary 3,000,000 second anniversary In addition, the deal shall have a 2% "Net Smelter Return Royalty" payable to the Group, where 1% can be bought-down for $1,000,000 entirely or in part. All shares issued are subject to resale restrictions under applicable securities legislation and the rules of the TSXV. No finder's fees were paid in connection with this transaction. 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: 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.

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