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

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

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