Subject: News Release for $KLM deficient disclosure in MIC Circular
PDF Document
File: Attachment 2025-04-28-KLM-News Release to update deficiency in Circular.pdf
KERMODE PROVIDES UPDATE TO MANAGEMENT INFORMATION CIRCULAR
VANCOUVER, BC, April 28, 2025 Kermode Resources Ltd. ("Kermode" or the "Company")
(TSXV:KLM) announces certain required disclosure that was not included in the Management
Information Circular ("Circular") published on March 26, 2025, with respect to its annual general
and special meeting of shareholders (the "Meeting") to be held today on April 28, 2025.
The Circular fails to disclose certain required information in the section entitled "Cease Trade
Orders, Bankruptcies, Penalties or Sanctions" as follows.
Mr. Ryan Hounjet has served as Chief Financial Officer of Vegano Foods Inc. since July, 2024,
which is currently under a Cease Trade Order and has been since October, 2023.
The Circular states that the principal occupation for Mr. Stephen Wall has been CEO of
"Weatherguard Gutters" since December 2016, however, the Circular fails to disclose that he
was CEO and director of Weatherguard Exteriors Inc., which made a voluntary assignment in
bankruptcy on February 22, 2022.
Except as described above, the Circular remains unchanged from the circular that was mailed to
the shareholders of the Company and previously filed on SEDAR+. The Circular is available on
SEDAR+ at https://www.sedarplus.ca/. Shareholders may also contact the Company by mail at
SEGEV LLP, 600 - King George, 905 W Pender St, Vancouver, BC [Attention: Aadam Tejpar],
or by calling toll free at telephone (+1 800-604-1312), or by email request to
a.tejpar@segevllp.com to request free printed copies of the Circular.
Peter Bell, CEO of Kermode, comments, "I apologize to shareholders for my failure to enforce
corporate governance standards to properly disclose this required information to shareholders
at the appropriate time."
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
For further information, please contact:
Tel: 1-250-588-6939
Email: peterbellmining@gmail.com
Website: https://linktr.ee/kermoderesources
Forward-Looking Statements
This news release contains certain forward-looking statements within the meaning of applicable
securities laws. All statements that are not historical facts, including without limitation,
statements regarding future estimates, plans, programs, forecasts, projections, objectives,
assumptions, expectations or beliefs of future performance, including statements regarding the
Acquisition, are "forward-looking statements." These forward-looking statements reflect the
expectations or beliefs of management of the Company based on information currently available
to it. Forward-looking statements are subject to a number of risks and uncertainties, including
those detailed from time to time in filings made by the Company with securities regulatory
authorities, which may cause actual outcomes to differ materially from those discussed in the
forward-looking statements. These factors should be considered carefully, and readers are
cautioned not to place undue reliance on such forward-looking statements. The forward-looking
statements and information contained in this news release are made as of the date hereof and
the Company undertakes no obligation to update publicly or revise any forward-looking
statements or information, whether as a result of new information, future events or otherwise,
unless so required by applicable securities laws.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.
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