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SKRR Exploration Inc. Announces that Military Metals Entered into an LOI to Acquire Two Antimony and One Tin Property in the European Union
SKRR Exploration Inc. Announces that Military Metals Entered into an LOI to Acquire Two Antimony ...
About this update from Skrr Exploration, Inc.
[{"type":"text","content":"\n\n\n\n SKRR Exploration Inc. Announces that Military Metals Entered into an LOI to Acquire Two Antimony and One Tin Property in the European Union\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.prnml40{\nMARGIN-LEFT:3.33em !IMPORTANT\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 Oct. 8, 2024\n \n\n /CNW/ - SKRR Exploration Inc. (TSXV: SKRR) (FSE: B04Q) (\"\n \n SKRR\n \n \" or the \"\n \n Company\n \n \") SKRR is pleased to announce that Military Metals Corp. (CSE:MILI) (\"\n \n Military Metals\n \n \") has signed a binding Letter of Intent to acquire 100% ownership of\n \n 1458205 B\n \n .C. Ltd., a private company holding three brownfield projects in\n \n Slovakia\n \n . The acquisition, if completed, includes two antimony-focused properties and one tin project, all located within the European Union. The assets include the Trojarova Antimony Project and the Medvedi Tin Project, both containing historical resources dating back to the Soviet era. Military Metals stated that they aim to finalize a definitive agreement and close the potential acquisition by the end of\n \n October 2024\n \n . See Military Metals' news release dated\n \n\n October 7, 2024\n \n\n for further information.\n \n\n\n\n\n\n\n\n\n\n Sherman Dahl\n \n , CEO of SKRR, stated:\n \n\n\n \"This is positive news for the shareholders of SKRR. SKRR holds 1,000,000 common shares in the capital of Military Metals that were acquired as consideration for the sale of the Manson Bay Gold project in\n \n Saskatchewan\n \n that was completed in\n \n August 2024\n \n .\"\n \n\n\n Antimony, a critical component for battery technology, advanced military systems, and other industrial applications, is in high demand globally. As recognized by\n \n the United States\n \n , European Union, and other leading economies, antimony is classified as a critical mineral. With much of the world's antimony reserves concentrated in\n \n China\n \n ,\n \n Russia\n \n , and\n \n Tajikistan\n \n , Military Metals sees an opportunity to enhance Western access to this essential resource.\n \n\n\n A...