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Kermode Resources Ltd (2)
Symbol KLM
Shares Issued 42,590,422
Close 2024-05-22 C$ 0.015
Market Cap C$ 638,856
Recent Sedar Documents

Kermode Resources cancels options for 700,000 shares

2024-05-24 13:35 ET - News Release

Mr. Peter Bell reports

KERMODE CANCELS 700,000 STOCK OPTIONS AND ISSUES 1,600,000 NEW STOCK OPTIONS TO CONSULTANTS

Kermode Resources Ltd. has granted stock options to consultants in accordance with the company's security-based compensation plan.

The company has assigned 1.6 million stock options to consultants with a five-year term expiring on May 24, 2029, and an exercise price of five cents per share. The options vest fully at issuance.

The company has cancelled 700,000 stock options to consultants that were previously issued as described in an attached table.

After this issuance of stock options and units, the company had a total number of 3,319,630 stock options outstanding as shown in an attached table.

The maximum number of stock options that can be issued by the company at this time is equal to 4,259,042, which is 10 per cent of the issued shares of the company.

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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