04:23:36 EDT Tue 01 Jul 2025
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Kermode Resources Ltd (2)
Symbol KLM
Shares Issued 89,342,966
Close 2025-05-21 C$ 0.01
Market Cap C$ 893,430
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Kermode appoints Thomas as independent director

2025-05-22 14:10 ET - News Release

Mr. Peter Bell reports

KERMODE APPOINTS NEW INDEPENDENT DIRECTOR LAURIE THOMAS

Kermode Resources Ltd. has made a change to the board of directors.

The company appoints Laurie Thomas to serve as a director. Ms. Thomas will be an independent director who serves as the chair of the audit committee. Tek Manhas has resigned as chairman of the audit committee.

Ms. Thomas is the chief executive officer of Riverboat Energy Corp. Riverboat Energy is a private exploration company focused on the natural resources sector. The company's principal focus is to explore and advance the Lake Nipigon, Vista and St. Martin projects, which are all located in Canada.

Ms. Thomas is part of the economic advisory team for Kawacatoose Development Corp. (KDC). KDC is the business development and economic arm of the Kawacatoose First Nation and has a clear focus on fostering sustainable economic growth and self-determination within the first nation by providing strategic guidance, developing partnerships, investment and support for economic initiatives.

Ms. Thomas has over two decades of strategic and commercial leadership experience in the energy sector, spanning audit and consulting, risk management, reporting, disclosure, and mining finance. She worked for Cameco Corp. until 2017 and then moved on to UEX Corp., where she was the vice-president of corporate communications until August, 2019. She has also held positions at Standard Uranium Ltd. and Mas Gold before leaving to become the controller at Prairie Agricultural Machinery Institute in Humboldt, Sask., which she resigned from in November, 2023.

Ms. Thomas is a past director of F3 Uranium Corp.'s board, where she was also chair of the audit committee. She joined the F3 Uranium Board in September, 2023, and resigned in January, 2025. In addition, Ms. Thomas was a director on the Meadow Lake Tribal Council Industrial Investment (MLTCII) board, where she was also chair of the audit committee. Ms. Thomas joined MLTCII in October, 2020, and resigned in June, 2024. Ms. Thomas is a past director of the Institute of Chartered Professional Accountants of Saskatchewan and past chair of the audit committee, and she was also a board member for the rules committee.

Ms. Thomas holds a bachelor of commerce with a major in accounting from the University of Saskatchewan. She obtained a certified management accountant (CMA) designation in 2008. She is also one of the first graduates of the Canadian Investor Relations Institute/Ivey Business School Investor Relations Certification Program (CPIR) and received her fellowship in 2022 from the Canadian Investor Relations Institute.

Peter Bell, chief executive officer of Kermode, commented: "Thank you, Laurie, for representing shareholders on the board of directors. I am grateful for your goal to help further improve corporate governance standards and exploration success at Kermode."

About Kermode Resources Ltd.

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

We seek Safe Harbor.

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