Kermode Resources (TSE:KLM) has released an update.
Kermode Resources Ltd., a junior mining company, has announced a Shares for Services agreement to compensate their CFO, Mr. Matt Anderson and Malaspina Consultants Inc., with company shares rather than cash. The amount of shares issued will be based on the services provided each month, not exceeding $60,000 for the year, and will be determined by the closing share price on the TSX Venture Exchange after services are rendered, adhering to minimum pricing rules.
For further insights into TSE:KLM stock, check out TipRanks’ Stock Analysis page.