Kermode Resources (TSE:KLM) has released an update.
Kermode Resources Ltd. has updated the purchase option terms for the Silverbell Trio Project on Vancouver Island, expanding the project to cover 763 hectares. The revised terms include a $150,000 cash payment option over the next 10 years and a 30% sale participation right for the same duration, along with a 2% royalty that can be bought down for $2 million.
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