KERMODE RESOURCES LTD. ("KLM")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: December 3, 2021
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 8,980,197 shares at a deemed price of $0.015 per share to settle outstanding debt of $134,702.97. The debt settlement utilized the Exchange's temporary relief measures announced April 8, 2020, September 30, 2020 and June 17, 2021:
Number of Creditors: 6 Creditors
Insider / Pro Group Participation:
Insider=Y / Amount Deemed Price
Creditor Progroup=P Owing per Share # of Shares
Maplegrow Capital Inc. Y $9,752.70 $0.015 650,180
(Peter Clausi)
Francine Long Y $9,752.70 $0.015 650,180
Nadon Professional Corporation Y $4,876.35 $0.015 325,090
(Ashley Nadon)
John Fahmy Y $4,876.35 $0.015 325,090
Peter Bell Y $85,444.86 $0.015 5,696,324
For further details, please refer to the Company's news releases dated October 20, 2021 and December 3, 2021.
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