Kermode Resources (TSE:KLM) has released an update.
Kermode Resources Ltd. has entered into a Shares for Services agreement with CEO Peter Bell, which is pending Exchange approval. Under the agreement, Bell will receive up to $60,000 in common shares over a year for his services as CEO, with the valuation of shares based on the closing price on the TSX Venture Exchange after the services are provided, subject to certain conditions.
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