Kermode Resources Ltd V.KLM

another deal on the table today, FYI.

[Newton1234]

https://www.stockwatch.com/News/Item/Z-C!KLM-3288494/C/KLM Kermode signs LOI for STAR OF THE WEST Project on Vancouver Island Victoria, British Columbia – (August 8, 2022) - Kermode Resources Ltd. (TSXV: KLM) (“KLM” or “Company”) has entered into a non-binding letter of intent (“LOI”) to acquire the STAR OF THE WEST BC PROJECT (“Project”) in British Columbia from a group of private individuals. The Project includes exploration claims covering the claims with the following license numbers 1096991, 1096964, 1096989, 1096962, 1092244, 1090863 with total area of 3,004 hectares. The LOI provides for a due diligence period extending to December 31st, 2022. During this period, KLM can elect to enter into a definitive agreement which will formalize the Transaction. Either party can conduct any activities during the LOI. CASH PAYMENTS : $50,000 at or before 24 months. SHARE PAYMENTS: None. WORK COMMITMENTS: None. OTHER TERMS & CONDITIONS: - Net Smelter Return (NSR) 5% royalty. - Future Sales Interest (FSI) 50% of the gross proceeds of any future transaction where KLM sells the property in the next five years.
https://linktr.ee/kermoderesources
Neither the TSX Venture Exchange nor its Regulation Services Provider accept responsibility for the adequacy or accuracy of this release. Forward-Looking Statements

[Newton1234]

Sulphides Exposed In Roadside Quarry! (Star Of The West Property) $KLM Very cool to visit @911mining over the weekend and handle some of the rocks from this location. I am grateful for the opportunity to work on @911mining ideas for new projects. #Bullish