Mr. Peter Bell reports

KERMODE AMENDS AND RESTATES CERTAIN TECHNICAL DISCLOSURE

As a result of a review by the British Columbia Securities Commission, Kermode Resources Ltd. is issuing this news release to clarify its disclosure. Kermode retracts and restates prior disclosure for several projects, as detailed in this release. The company acknowledges that the previous information was non-compliant with National Instrument 43-101 standards. The public is advised not to rely on the prior disclosures identified and addressed herein.

Rye Patch project exploration target

Kermode retracts the news release for the Rye Patch silver project dated May 24, 2024, and reports that there is no exploration target for this project because there is no basis on which the qualified person estimated the quantity and grade of the target.

Tonya project exploration target and supplement document

Kermode retracts the news release and corresponding supplement document for the Tonya gold project dated Dec. 13, 2023. There is no exploration target for this project because there is no basis on which the qualified person estimated the quantity and grade of the target.

Retraction of assessment report for Slesse Creek project

Kermode retracts the document filed on SEDAR+ on April 15, 2024, titled "Technical Assessment Report on Prospecting the Slesse Creek Property." This document was not filed as a Form 43-101F1 technical report and does not meet the disclosure standards of NI 43-101. The document is an assessment report and can be viewed by accessing the assessment report on British Columbia's Assessment Reporting Index System (ARIS). At present, the Slesse Creek project has no current technical report.

Retraction of assessment report for Vigh graphite project

Kermode retracts the document filed on SEDAR+ on April 19, 2024, titled "Assessment Report on the Vigh Graphite Property Rock Sampling." This document was not filed as a Form 43-101F1 technical report and does not meet the disclosure standards of NI 43-101. The document is an assessment report and can be viewed by accessing the assessment report on British Columbia's Assessment Reporting Index System. At present, the Vigh graphite project has no current technical report.

Qualified person

The technical information in this news release has been reviewed and approved by Robert Carrington, professional geologist and professional engineering geologist, a qualified person as defined in NI 43-101, responsible for the scientific and technical information contained herein under NI 43-101 standards. Mr. Carrington is not independent of Kermode, as he has optioned the Tonya and Rye Patch projects in Nevada to Kermode and conducted exploration work under a shares-for-services basis.

About Kermode Resources Ltd.

Kermode is a junior mining company hunting for exploration opportunities around the world.

We seek Safe Harbor.