SKRR Exploration Announces Mutual Termination of Share Exchange Agreement with Citizen Mining Corp.
SKRR Exploration Announces Mutual
Termination of Share Exchange Agreement
with Citizen Mining Corp.
VANCOUVER, BC
,
May 30, 2024
/CNW/ - SKRR Exploration Inc. (TSXV: SKRR)
(FSE: B04Q) ("
SKRR
" or the "
Company
") announces that further to its
May 1, 2024
news release,
the Company and Citizen Mining Corp. have mutually terminated the arm's length share exchange
agreement dated
May 1, 2024
.
The Company's shares will resume trading effective at market open on Tuesday, June 4, 2024.
About SKRR Exploration Inc.
SKRR is a Canadian-based precious and base metal explorer with properties in
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 uranium, 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 relating to statements
relating to the technical, financial and business prospects of the Company, its projects, its goals and
other matters. 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, risks related to the inherent uncertainty of exploration and
cost estimates and the potential for unexpected costs and expenses and those other risks filed
under the Company's profile on SEDAR at
www.sedarplus.ca.
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, failure to secure personnel and equipment for work programs,
adverse weather and climate conditions, failure to maintain all necessary government permits,
approvals and authorizations, decrease in the price of gold, copper, uranium and other metals,
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.
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For further information:
Sherman Dahl, President & CEO, Tel: 250-558-8340
CO: SKRR EXPLORATION INC.
CNW 15:06e 30-MAY-24