SKRR Exploration Inc. V.SKRR

Alternate Symbol(s): SKKRF

Metals & Mining Industrial Metals & Minerals

SKRR Exploration Inc. is a Canada-based precious and base metal explorer with properties in Saskatchewan. The Company's primary exploration is focused on the Trans-Hudson Corridor in Saskatchewan in search of uranium, precious, and base metal deposits. Its projects include Clearwater West, Olson, Carp River, Father Lake, Irving, Ithingo and Cathro. It has entered into an option agreement with F3 Uranium Corp. to acquire around 70% interest in the Clearwater West Property comprising three contiguous mineral claims across 11,786 hectares (ha). It has acquired 75% of Eagle Plains' Olson gold property, comprising 20 mineral claims, located around 100 kilometers (kms) east of La Ronge, Saskatchewan, in the Deschambault Lake area. The Cathro gold property is located 50 kms northeast of the La Ronge, Saskatchewan from Eagle Plains. The Father Lake property has six contiguous mineral claims. The Carp River property is comprised of seven contiguous mineral claims totaling 6,731 ha.

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SKRR Exploration Inc. > financing going forward

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Comment by NineLiveson May 30, 2023 4:25pm

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Post# 35471037

RE:RE:RE:financing going forward

Well they have $1.6 million to get the ball rolling. The bigger question is, why issue 1 million shares to pay a $50k debt when they had the cash in the bank to do this.
Plus, even just $1 mill invested at 5% for a year pays off that $50k debt.
More questions here that need to be answered.
On the plus side they have some decent properties that require JV's to fund. That's what I'm waiting for, JV's.

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