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Closing of Non-Brokered Private Placement
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Kermode Resources is pleased to announce that further to its news
release of May 13, 2008, it has closed on its previously announced
private placement, raising gross proceeds of $200,000. The Company
advises that it issued an aggregate of 2,000,000 shares at a price of
$0.10 per share. A six percent finder's fee totalling $12,000 was paid
in connection with the private placement.
All securities issued in connection with this private placement are
subject to a hold period expiring on September 29, 2008.
The funds will be used towards property acquisitions and working
capital.
Visit our website at www.kermode.com for more information.
ON BEHALF OF THE BOARD OF DIRECTORS
"D. Neil Briggs"
DIRECTOR
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Copyright (c) 2008 KERMODE RESOURCES LTD. (KLM) All rights reserved.
For more information visit our website at http://www.kermode.com/ or
send mailto:info@kermode.com
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Kermode Resources Inc
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EXPLORATION STAGE |
CODE : KLM.V |
ISIN : CA4919021028 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Kermode is a gold exploration company based in Canada. Kermode holds various exploration projects in Canada. Its main exploration properties are CONEY ARM, MALARTIC LAKE (PRESSIAC-LACORNE) and JACKSON'S ARM in Canada. Kermode is listed in Canada and in United States of America. Its market capitalisation is CA$ 326 987 as of today (US$ 240 379, € 217 759). Its stock quote reached its highest recent level on February 03, 2006 at CA$ 0.56, and its lowest recent point on September 10, 2024 at CA$ 0.01. Kermode has 65 397 373 shares outstanding. |