SKRR EXPLORATION INC. ANNOUNCES PRIVATE PLACEMENT

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[{"type":"text","content":"\n \n \n \n SKRR EXPLORATION INC. ANNOUNCES PRIVATE PLACEMENT\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n June 13, 2022\n \n \n /CNW/ - SKRR Exploration Inc. (TSXV: SKRR) (OTC: SKKRF) (FSE: B04Q) (\"\n \n SKRR\n \n \" or the \"\n \n Company\n \n \"), is pleased to announce that it intends to complete a non-brokered private placement (the \"\n \n Private Placement\n \n \") for aggregate gross proceeds of up to\n \n $800,000\n \n consisting of any combination of units of the Company at a price of\n \n $0.055\n \n per Unit (the \"\n \n Unit\n \n \") and 'flow-through' units of the Company (each, a \"\n \n FT Unit\n \n \") at a price of\n \n $0.06\n \n per FT Unit.\n \n \n \n \n \n \n \n \n \n Each Unit will consist of one common share of the Company and one common share purchase warrant (each, a \"\n \n Warrant\n \n \"). 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\n \n Income Tax Act\n \n (\n \n Canada\n \n ) (each, a \"\n \n FT Share\n \n \") and one Warrant. Each Warrant will entitle the holder thereof to purchase one common share of the Company at a price of\n \n $0.08\n \n for a period of 24 months following the closing of the Private Placement.\n \n \n The Company intends to use the net proceeds from the Private Placement towards exploration and development work on its projects and for general corporate and working capital purposes.\n \n \n 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. Finder's 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.\n \n \n \n About SKRR Exploration Inc.:\n \n \n \n SKRR is a Canadian-based precious metal explorer with properties in\n \n British Columbia\n \...

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