tiprankstipranks
Company Announcements

SKRR Exploration Secures $600K in First Tranche of Private Placement

Story Highlights
SKRR Exploration Secures $600K in First Tranche of Private Placement

Discover the Best Stocks and Maximize Your Portfolio:

SKRR Exploration ( (TSE:SKRR) ) has issued an announcement.

SKRR Exploration Inc. has successfully closed the first tranche of its non-brokered private placement, raising CAD $600,395 through the issuance of 5,458,136 units. The proceeds are earmarked for working capital, exploration, development activities, and potential asset acquisition. The transaction included significant insider participation, constituting a related party transaction under Multilateral Instrument 61-101, but falling within exemption thresholds.

More about SKRR Exploration

SKRR Exploration Inc. is a Canadian-based company engaged in the exploration of precious and base metals, primarily in Saskatchewan’s Trans-Hudson Corridor, known for its rich yet under-explored geology. The company focuses on discovering world-class metal deposits while maintaining a commitment to stakeholders and environmental stewardship.

YTD Price Performance: 27.78%

Average Trading Volume: 16,081

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$1.16M

See more insights into SKRR stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1