SKRR Exploration Inc. Announces TSXV Approval of Consolidation

SKRR Exploration Inc. Announces TSXV

Approval of Consolidation

VANCOUVER, BC

,

Nov. 25, 2024

/CNW/ - SKRR Exploration Inc. (TSXV: SKRR) (FSE:

B04Q) ("

SKRR

" or the "

Company

") announces that, further to its news release dated

November 19,

2024

, the TSX Venture Exchange (the "

Exchange

") has approved the consolidation of the

Company's common shares (the "

Consolidation

") on the basis of one (1) post-Consolidation

common share for every four (4) pre-Consolidation common shares. The Consolidation will be

effective at the opening of the market on

November 27, 2024

(the "

Effective Date

"). Pursuant to the

provisions of the

Business Corporations Act

(

British Columbia

) and the Articles of the Company, the

Consolidation was approved by way of resolution passed by the board of directors of the Company.

The Company's name and trading symbol will remain unchanged following the Consolidation. The

new CUSIP number will be 78446Q308 and the new ISIN number will be CA78446Q3089 for the

post-Consolidation common shares. The Company currently has 19,375,371 common shares issued

and outstanding, and after the Consolidation is effective there will be approximately 4,843,842

common shares issued and outstanding.

Any fractional post-Consolidation share that is less than one-half (1/2) of a share will be cancelled

and any fractional post-Consolidation share that is at least or greater than one-half (1/2) of a share

will be rounded up to one whole share. Registered shareholders of record as of the Effective Date

who hold physical share certificates will receive a letter of transmittal from the Company's transfer

agent, Computershare Investor Services Inc., with instructions on how to exchange for new share

certificates representing post-Consolidation shares. Beneficial shareholders who hold their shares

through a broker or other intermediary and do not have shares registered in their own names will not

be required to complete a letter of transmittal.

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 the

Consolidation being effected on the stated date, 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 obtain or maintain all necessary government permits, approvals and authorizations, decrease in

the price of gold, copper, uranium and other metals, failure to obtain or 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 05:00e 25-NOV-24