File: Attachment 2025-03-27-KLM-News Release Security Based Compensation Plan (clean).pdf

KERMODE ADOPTS NEW SECURITY BASED COMPENSATION PLAN

Vancouver, British Columbia March 27, 2025 Kermode Resources Ltd. (TSXV: KLM) (the "Company") announces that it has adopted a new Security Based Compensation Plan ("New Plan"), replacing the Company's previous 2024 security based compensation plan.

The New Plan has been conditionally approved by the TSX Venture Exchange (the "TSXV") and remains subject to approval by the shareholders at the Company's upcoming Annual General and Special Meeting of Shareholders scheduled for April 28, 2025.

The New Plan is a "rolling up to 10% and fixed up to 10%" plan, as defined in the TSXV's policies, which contemplates the grant of options and restricted share units to eligible participants. For more information respecting the New Plan and to review the full text of the New Plan, please refer to the Company's management information circular dated March 21, 2025, which is available on the Company's profile on www.sedarplus.ca.

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.