07:37:57 EDT Tue 28 Jun 2022
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save
SKRR Exploration Inc
Symbol SKRR
Shares Issued 63,675,911
Close 2022-06-13 C$ 0.055
Recent Sedar Documents

SKRR arranges $800,000 private placement

2022-06-13 03:32 ET - News Release

Mr. Sherman Dahl reports

SKRR EXPLORATION INC. ANNOUNCES PRIVATE PLACEMENT

SKRR Exploration Inc. intends to complete a non-brokered private placement for aggregate gross proceeds of up to $800,000 consisting of any combination of units of the company at a price of 5.5 cents per unit and flow-through units of the company at a price of six cents per FT unit.

Each unit will consist of one common share of the company and one common share purchase warrant. Each FT unit will consist of one common share of the company to be issued as a flow-through share within the meaning of the Income Tax Act (Canada) and one warrant. Each warrant will entitle the holder thereof to purchase one common share of the company at a price of eight cents for a period of 24 months following the closing of the private placement.

The company intends to use the net proceeds from the private placement toward exploration and development work on its projects and for general corporate and working capital purposes.

The private placement is subject to TSX Venture Exchange approval. All securities issued under the private placement will be subject to a four-month hold period in accordance with applicable securities laws and the policies of the TSX Venture Exchange. Finders' fees may be payable in connection with the private placement, all in accordance with the policies of the TSX Venture Exchange and applicable securities laws.

About SKRR Exploration Inc.

SKRR is a Canadian-based precious metal explorer with properties in British Columbia and Saskatchewan -- some of the world's highest-ranked mining jurisdictions. The primary exploration focus is on the Trans-Hudson corridor in Saskatchewan in search of world-class precious and base metal deposits. The Trans-Hudson orogen -- known in geological terms -- has been significantly underexplored in Saskatchewan. SKRR is committed to all stakeholders, including shareholders, all its partners and the environment in which it operates.

We seek Safe Harbor.

© 2022 Canjex Publishing Ltd. All rights reserved.