Mr. Carlo Rigillo reports

KERMODE ANNOUNCES REVIEW OF STRATEGIC ALTERNATIVES

Kermode Resources Ltd.'s newly constituted board of directors has initiated a review of strategic alternatives to maximize shareholder value. Alternatives may include the divestiture of some or all of the company's mineral exploration assets, the extinguishment of debts through shares-for-debt settlements, the delisting of the company's common shares from the TSX Venture Exchange as well as other strategic options. The board expects to retain an external financial adviser to assist in this process.

This review process may not result in any significant strategic change, but the intention is to complete the review by Dec. 31, 2025. Kermode does not plan to provide updates on the status of the review until material developments emerge.

About Kermode Resources Ltd.

Kermode is a mineral exploration company that is a reporting issuer in the provinces of British Columbia and Alberta and its common shares are listed for trading on the TSX-V under the symbol KLM.

We seek Safe Harbor.