File: Attachment 2024-08-27-KLM-Changes to option agreement on TRIO NEWS RELEASE.pdf

Kermode changes terms of the TRIO Project on Vancouver Island

Victoria, British Columbia - (August 27, 2024) - Kermode Resources Ltd. (TSXV: KLM) ("Kermode") changes the terms of the property purchase option for the Silverbell Trio Project ("Trio") on Vancouver Island as an exempt transaction within TSX Venture Exchange policy. The option was previously announced on July 24, 2023.

The TRIO now covers 763 hectares with the following claims: 1064070, 1114995, 1111505, 1115213, 1115214, 1115210, 1115321, 11152329, 11152330, 1115245.

The new option terms are set as follows: - Cash Payment of $150,000 any time in the next 10 years payable equally to Justin Deveault, Michael Deveault, and Justin McNutt. - Sale Participation Right of 30% thirty percent for ten years payable equally to Justin Deveault, Michael Deveault, and Justin McNutt. - Royalty of 2% two percent with two million dollar $2M buy-down to eliminate the royalty payable to 911 Exploration Corp.

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.

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.