Vancouver, British Columbia – (Newsfile Corp – April 5, 2021) – SKRR Exploration Inc. (TSXV: SKRR) (OTC: SKKRF) (FSE: B04Q) (“SKRR“or the”Firm“) Is happy to announce that it has closed a non-public placement and not using a dealer (the “Personal placement”) composed of 277,780 items (every, a “Unit”) At a value of $ 0.27 per Unit for gross proceeds of $ 75,000.60. Every unit is made up of 1 frequent share and one half frequent share buy warrant. Every total warrant could also be exercised to buy one frequent share of the Firm at a value of $ 0.40 per share for a interval of twenty-four (24) months from the deadline of the personal placement.

The proceeds of the personal placement might be used for exploration bills on the Firm’s tasks and for common company functions and dealing capital.

All securities issued underneath the personal placement are topic to a four-month holding interval from the deadline in accordance with relevant securities legal guidelines.

About SKRR Exploration Inc .:

SKRR is a Canadian-based valuable metals explorer with properties in Saskatchewan – one of many high ranked mining jurisdictions on the earth. The primary exploration goal is the Trans-Hudson Hall in Saskatchewan in quest of world-class valuable metallic deposits. The Trans-Hudsonian Orogen – though extraordinarily well-known in geological phrases, has been significantly underexplored in Saskatchewan. SKRR is dedicated to all stakeholders, together with shareholders, all of its companions and the setting wherein it operates.

ON BEHALF OF THE BOARD

Sherman Dahl
President and CEO
Telephone: 250-558-8340

Wealthy Matthews, Investor Relations
Built-in communications
[email protected]
+1 6047577179

Neither the TSX Enterprise Alternate nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Alternate) accepts duty for the adequacy or accuracy of this press launch.

This press launch doesn’t represent a proposal to promote or the solicitation of a proposal to purchase and there might be no sale of any of the securities in any jurisdiction the place such a proposal, solicitation or sale can be unlawful, together with together with one of many titles in United States of America. The securities haven’t been and won’t be registered underneath the US Securities Act of 1933, as amended (the “1933 Act”) or any state securities legal guidelines, and is probably not registered. supplied or offered in the US or to or for the good thing about, United States nationals (as outlined in Regulation S underneath the 1933 Act) except registered underneath the 1933 Act and the US Acts. relevant state securities, or an exemption from these registration necessities is out there.

Warning relating to forward-looking data

This press launch accommodates “forward-looking data or statements” inside the which means of relevant securities legal guidelines, which can embody, with out limitation, statements relating to the personal placement, use of the product, different statements referring to the technical, monetary and business views of the corporate, its tasks and different issues. All statements on this press launch, apart from statements of historic reality, which take care of occasions or developments that the corporate expects to happen, are forward-looking statements. Though the Firm believes that the expectations expressed in these forward-looking statements are based mostly on cheap assumptions, these statements aren’t ensures of future efficiency and precise outcomes could differ materially from these of forward-looking statements. These statements and data are based mostly on quite a few assumptions relating to current and future enterprise methods and the setting wherein the Firm will function sooner or later, together with the worth of metals, the flexibility to satisfy its targets, the enterprise circumstances and common financial circumstances won’t change. materially unfavorably, this financing might be accessible if and when obligatory and on cheap phrases. This forward-looking data displays the Firm’s beliefs with respect to future occasions and is topic to dangers, uncertainties and assumptions, together with these filed underneath the Firm’s profile on SEDAR on the following deal with: www.sedar.com. Components that might trigger precise outcomes to vary materially from forward-looking statements embody, however aren’t restricted to, the continued availability of capital and financing and common financial, market or enterprise circumstances, climate circumstances. adversarial circumstances, a drop within the value of gold and metals, tools failure or incapacity to acquire the required tools, adversarial climate circumstances, failure to adjust to all obligatory authorities permits, approvals and approvals , the influence of Covid-19 or different viruses and illnesses on the flexibility of the enterprise to perform, the lack to keep up group acceptance (together with First Nations), elevated prices, litigation and the failure of counterparties to carry out their contractual obligations. The Firm doesn’t undertake to replace any forward-looking statements or forward-looking data, besides as required by legislation.

DO NOT DISTRIBUTE TO THE UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION, OR BROADCAST USE, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN THE UNITED STATES.

To view the supply model of this press launch, please go to https://www.newsfilecorp.com/launch/79486



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