SKRR Exploration Inc. Announces Private Placement

About this update from Skrr Exploration, Inc.

[{"type":"text","content":"SKRR Exploration Inc. Announces Private PlacementVancouver, British Columbia--(Newsfile Corp. - June 2, 2020) - SKRR Exploration Inc. (TSXV: SKRR) (\"SKRR\" or the \"Company\") is pleased to announce that it intends to complete a non-brokered private placement of up to 10,000,000 units (each a \"Unit\") at a price of $0.25 per Unit for gross proceeds of up to $2,500,000 (the \"Private Placement\"). Each Unit will be comprised of one common share and one-half of one common share purchase warrant (each a \"Warrant\"). Each whole Warrant is exercisable to purchase one common share of the Company at a price of $0.50 per share for a period of 18 months from the date of closing of the Private Placement. The Private Placement is subject to TSX Venture Exchange approval and all securities are subject to a four month hold period. 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. The net proceeds from the Private Placement will be used for future exploration work on the Company's properties, corporate development, and general corporate and working capital purposes. About SKRR Exploration Inc.: SKRR is a Canadian-based precious metal explorer with properties in Saskatchewan - one 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 metal deposits. The Trans-Hudson Orogen - although extremely well known in geological terms has been significantly under-explored in Saskatchewan. SKRR is committed to all stakeholders including shareholders, all its partners and the environment in which it operates. ON BEHALF OF THE BOARD Sherman DahlPresident & CEOTel: 250-558-8340Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. The securities have not been and will not be registered un...

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