SKRR Exploration Inc., pursuant to the news release dated Oct. 15, 2020, has increased the previously announced non-brokered flow-through private placement financing to $2.2-million and expects to close immediately.
SKRR’s management and board are pleased that this oversubscribed financing was taken up primarily by major Canadian mining investors and institutional players.
The private placement is subject to TSX Venture Exchange approval and all securities will be subject to a four-month hold period.
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 underexplored in Saskatchewan. SKRR is committed to all stakeholders including shareholders, all its partners and the environment in which it operates.