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Kermode Resources Ltd V.KLM

Alternate Symbol(s):  KMDRF

Kermode Resources Ltd. is a Canada-based junior mining company. The Company’s main business is the acquisition, exploration and development of natural resource properties. Its exploration properties include Lucky Strike, Star of the West, Caycuse Copper, Loup Creek, and Santana Mines (LOI). The Lucky Strike property is located in Nitinat, British Columbia and covers an area of approximately 3005 hectares. The Star of the West property is located in Port Alberni, British Columbia and covers an area of 3427 hectares. Its Caycuse Copper property is located in Caycuse, British Columbia and covers an area of 1532 hectares. The Loup Creek property is located 30 kilometers (kms) from Lake Cowichan and is accessible through the Gordon River Main Logging Road. The Santana Mines is located at Quadra Island, British Columbia. The Company also has an option agreement to acquire three properties, namely 911 Knockout, Eastgate BC and Slesse Creek.


TSXV:KLM - Post by User

Post by Newton1234on Dec 04, 2021 2:42pm
389 Views
Post# 34198708

Hello Stockhouse! From Peter Bell

Hello Stockhouse! From Peter Bell Hello Stockhouse!

Please know that I do check the boards here and am interested in what you have to say.

Please let me know if you ever see me making any mistakes and how I can do better. This is my first time as a CEO and I didn't join the Board here 2 years ago to do a hostile takeover like this, but I'm grateful for the opportunity. Read on for some more info. GLTA 


--
1. Shares-for-debt
As of this week I have +10% of the company after converting debt to shares. Since the August takeover, I've been funding all activities with my own cash to a total of c $85K and that's now converted to stock. I spent my own money rather than the company money because I wanted to save the company cash for essential overhead (auditor fees, lawyer fees, exchange fees) and use my own money for exploration work. Read more in the news release about this here, 
https://www.stockwatch.com/News/Item/Z-C!KLM-3180156/C/KLM

https://cdn-ceo-ca.s3.amazonaws.com/1gqkht8-2021-12-03-KLM-Closing%20Shares-For-Debt%20.pdf


2. LOI on Rye Patch Mine in Nevada 
I'm pretty excited about this new property deal in Nevada, too. New things in old places.

https://www.stockwatch.com/News/Item/Z-C!KLM-3180216/C/KLM


https://cdn-ceo-ca.s3.amazonaws.com/1gql2n2-2021-12-03-KLM-Rye%20Patch%20LOI%20News.pdf


3. Interviews 

https://youtu.be/etQwjljJoeM 
(20 minutes of video)

https://docs.google.com/document/d/1CVzGAh2oJrownTP-tFT_rMLdG-SaajtKBjzBfATODNQ/
(3 hours of text)

https://drive.google.com/drive/u/5/folders/11PfJ0S95c9Hl9RHQMGuIhQEeQ1O7Hg-t
(2 interviews with property vendor Robert Carrington, audio and text)



Please note that all this info is already published and distributed online. I'm working hard to do follow the rules for public companies and give Mister Market a reason to care about this stock.  

EOM
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