Monday, October 6, 2025

Latest

SKRR Exploration Raises $2.0 Million From Financing

SKRR Exploration (TSXV: SKRR) has closed its outstanding private placement. Announced mid-day yesterday, the company has raised approximately $2.0 million from the sale of both common shares as well as flow through shares.

A total of 6.1 million flow through common shares were sold by the company at a price of $0.30 per flow through share, raising gross proceeds of $1.8 million. A private placement conducted concurrently meanwhile sale 0.8 million units of the company sold at a price of $0.27 per unit.

Each unit contained one common share and one half of a common share purchase warrant, with each warrant valid for a period of two years from the date of issuance at a price of $0.40 per share.

Proceeds from the financing are to be used for exploration expenditures as well as working capital and general corporate purposes.

“The entire SKRR team looks forward to continued discovery success in 2021. We are well funded for the current drilling within the discovery zone of the Olson project, and assays are pending on the exciting Leland project, which is in close proximity to the SSR Mining/Taiga Gold Fisher project.”

Sherman Dahl, CEO of SKRR Exploration

SKRR Exploration last traded at $0.28 on the TSX Venture.


FULL DISCLOSURE: SKRR Exploration is a client of Canacom Group, the parent company of The Deep Dive. The company has been compensated to cover SKRR Exploration on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

Fortune Bay: The Potential Billion Dollar Project

Japan Gold Enters New Chapter as Barrick Alliance Concludes – John Proust

Barrick Mining’s “Company Defining [Gold] Discovery”

Recommended

Nord Precious Metals Produces High Grade Silver Concentrate From Tailings

ESGold Secures $9 Million In Non-Dilutive Funding From Ocean Partners

Related News

373 g/t Gold: Highest Surface Grab Sample Ever Reported in Red Lake? | Koby Kushner – Athena Gold

In this interview from the Red Cloud 2025 Mining Conference, Athena Gold Corp. (TSXV: ATHA)...
Wednesday, March 5, 2025, 03:38:00 PM

Labrador Gold Doubles Kingsway Drill Program To 20,000 Metres

Labrador Gold Corp. (TSXV: LAB) reported today that it is adding a second diamond drill...

Thursday, April 29, 2021, 10:02:00 AM

Freeman Gold Begins Lemhi Metallurgical Test Work

This morning Freeman Gold (CSE: FMAN) announced they have begun metallurgical test work on their...

Tuesday, January 19, 2021, 08:23:23 AM

Galiano Gold Falls Below 2021 Production Guidance With 210,241 Ounces

Galiano Gold Inc. (TSX: GAU) reported today its annual and Q4 2021 production results at...

Tuesday, January 25, 2022, 10:19:00 AM

Goldpoccalypse Now! Does The Dow Theory Confirm A Bearish Move?

Oil up the munitions press and stock up on canned goods, kids, because this is...

Wednesday, February 26, 2020, 09:30:11 AM