VANCOUVER, BC, June 14,
2023 /CNW/ - SKRR Exploration Inc. (TSXV: SKRR)
(FSE: B04Q) ("SKRR" or the "Company") is pleased
to announce that further to its transaction and news release dated
March 22, 2023, the Company received
the final cash payment of $75,000
from Fathom Nickel Inc. (CSE: FNI) ("Fathom"). As a result,
Fathom now owns 100% of the Watts Lake property consisting of
twenty-four (24) mineral claims totaling approximately 13,708
hectares.
SKRR's President and CEO, Sherman
Dahl commented:
"The 2,000,000 common shares previously
received from Fathom Nickel Inc. provides us with continuing
exposure to the Watts Lake property. This is just another way that
SKRR can benefit from the many quality assets that it owns, has
interests in or has sold".
About SKRR Exploration
Inc.:
SKRR is a Canadian-based precious and base metal explorer with
properties in British Columbia and
Saskatchewan – some 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
and base metal deposits. The Trans-Hudson Orogen – although
extremely well known in geological terms has been significantly
under-explored in Saskatchewan.
SKRR is committed to all stakeholders including shareholders, all
its partners and the environment in which it operates.
ON BEHALF OF THE BOARD
Sherman Dahl
President & CEO
Tel: 250-558-8340
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
Forward-Looking
Information
This news release contains "forward–looking information or
statements" within the meaning of applicable securities laws, which
may include, without limitation, statements that address the
continuing exposure to the Watts Lake property, other statements
relating to the technical, financial and business prospects of the
Company, its projects and other matters, and the Company's plans
and goals. All statements in this news release, other than
statements of historical facts, that address events or developments
that the Company expects to occur, are forward-looking statements.
Although the Company believes the expectations expressed in such
forward-looking statements are based on reasonable assumptions,
such statements are not guarantees of future performance and actual
results may differ materially from those in the forward-looking
statements. Such statements and information are based on numerous
assumptions regarding present and future business strategies and
the environment in which the Company will operate in the future,
including the price of metals, the ability to achieve its goals,
the ability to secure equipment and personnel to carry out work
programs, that general business and economic conditions will not
change in a material adverse manner, that financing will be
available if and when needed and on reasonable terms. Such
forward-looking information reflects the Company's views with
respect to future events and is subject to risks, uncertainties and
assumptions, including the risks and uncertainties relating to the
interpretation of exploration results, the interpretation of
technical and scientific data, risks related to the inherent
uncertainty of exploration and development and cost estimates and
the potential for unexpected costs and expenses and including
those filed under the Company's profile on SEDAR at www.sedar.com.
There is a possibility that future exploration, development or
mining results will not be consistent with the Company's
expectations. Factors that could cause actual results to differ
materially from those in forward looking statements include, but
are not limited to, continued availability of capital and financing
and general economic, market or business conditions, adverse
weather or climate conditions, decrease in the price of metals,
equipment failures or failure to obtain the necessary equipment,
failure to maintain all necessary government permits, approvals and
authorizations, the impact of Covid-19 or other viruses and
diseases on the Company's ability to operate, failure to maintain
community acceptance (including First Nations), increase in costs,
litigation, and failure of counterparties to perform their
contractual obligations. The Company does not undertake to update
forward–looking statements or forward–looking information, except
as required by law.
SOURCE SKRR EXPLORATION INC.