SKRR Exploration Inc. Completes Watts Lake Property Sale to Fathom Nickel Inc.
SKRR Exploration Inc. Completes Watts Lake
Property Sale to Fathom Nickel Inc.
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.
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For further information:
Sherman Dahl, President & CEO, Tel: 250-558-8340
CO: SKRR EXPLORATION INC.
CNW 03:01e 14-JUN-23