SKRR Exploration Inc. Closes Amended Private Placement

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[{"type":"text","content":"\n \n \n \n SKRR Exploration Inc. Closes Amended 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.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n /NOT FOR DISTRIBUTION TO\n \n UNITED STATES\n \n NEWSWIRE SERVICES OR FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n /\n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n July 10, 2023\n \n \n /CNW/ - SKRR Exploration Inc. (TSXV: SKRR) (FSE: B04Q) (\"\n \n SKRR\n \n \" or the \"\n \n Company\n \n \") is pleased to announce that, further to its news releases of\n \n June 6, 2023\n \n , it has closed a non-brokered private placement (the \"\n \n Offering\n \n \") for aggregate gross proceeds of\n \n $45,000\n \n , consisting of 40,000 flow-through units of the Company (each, a \"\n \n FT Unit\n \n \") at a price of\n \n $0.25\n \n per FT Unit and 175,000 units of the Company (each, a \"\n \n Unit\n \n \") at a price of\n \n $0.20\n \n per Unit. The Offering was completed following a consolidation of the issued and outstanding common shares of the Company on the basis of one (1) post-consolidation share for every five (5) existing shares (the \"\n \n Consolidation\n \n \"). The Consolidation was effective at the opening of the market on\n \n Monday, July 10, 2023\n \n . The\n \n June 6, 2023\n \n news release announced a private placement of aggregate gross proceeds of\n \n $105,000\n \n , which has been reduced to aggregate gross proceeds of\n \n $45,000\n \n .\n \n \n \n \n \n \n \n \n \n Each Unit consists of one common share of the Company (\"\n \n Unit Share\n \n \") and one common share purchase warrant (\"\n \n Warrant\n \n \"). Each FT Unit consists 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 ) (a \"\n \n FT Share\n \n \") and one Warrant. Each Warrant entitles the holder thereof to purchase one common share of the Company (a \"\n \n Warrant Share\n \n \") at a post-Consolidation price of\n \n $0.30\n \n at any time on or before the date which is 36 months following t...

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