Mr. Peter Bell reports

KERMODE PROVIDES CORPORATE UPDATE

Kermode Resources Ltd. has provided a corporate update respecting the following corporate matters:

1. The company clarifies that all shares issued by the company in connection with its acquisition of 1521158 B.C. Ltd., announced this morning, are subject to an exchange hold period (as defined in the policies of the TSX Venture Exchange), expiring four months and one day from issuance.
2. The company announces that its shares-for-services agreement, previously announced Oct. 24, 2024, with 802213 Alberta Ltd., has been cancelled. No shares were issued pursuant to this agreement.
3. The company announces that its shares-for-services agreement, previously announced on Oct. 24, 2024, with William Morris-Nelson, has been cancelled. No shares were issued pursuant to this agreement.
4. The company announces that its investor relations agreement, previously announced Aug. 27, 2024, with Jake Tiley, was cancelled in October, 2024, and the one million stock options previously awarded to Mr. Tiley were cancelled in connection therewith.

About Kermode Resources Ltd.

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