Mr. Carlo Rigillo reports

KERMODE ANNOUNCES SHARES FOR DEBT SETTLEMENT

Kermode Resources Ltd., subject to TSX Venture Exchange approval, has agreed to issue an aggregate of 4,977,697 common shares at a price of one cent per share as full and final payment of debt in the aggregate amount of $49,776.97 with respect to certain payables owed to creditors. All securities issued in connection with the debt settlement will be subject to a statutory hold period expiring four months and one day after the date of issuance.

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.