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URANIUM OPPORTUNITY!!

Given the low market cap, and that the  drill permits are in hand - this makes this a very attractive Uranium exploration investment for investors looking for exposure to the Canadian Uranium Athabasca Basin excitement. The West side - PLN/PLS area continues to grow. 

The F3 Uranium team is the operator and SKRR will benefit from the synergies of being so close to the PLN Discovery.  

About Patterson Lake North:

Clearwater West is located on the edge of the Athabasca Basin in proximity to Fission Uranium's Triple R and NexGen Energy's Arrow high-grade world class uranium deposits which is poised to become the next major area of development for new uranium operations in northern Saskatchewan. PLN/PLS is accessed by Provincial Highway 955, which transects the area, and the new  F3 Uranium - JR Zone uranium discovery is located 23km northwest of Fission Uranium's Triple R deposit. 

SKRR - CLEAWATER URANIUM FINANCING 

•	Drill Permits Granted
•	Fieldwork to Begin This Summer
•	Drilling to Commence on Completion of Financing 
•	Clearwater West - Drill Ready - F3 as the Operator
•	Very Tight Share Structure 17 Million Shares F/D
Financing Details - C$1.5 M raise comprised of HD and FT
 
•	Hard Dollar Unit:
 
o	Prices: C$0.10 cents with Full WT at C$15 cents  for 3-years.
 
•	Flow Through Unit: 
 
o	Prices: C$0.12 cent with full warrant WT at C$0.15 cents  for 3-years.
  
Use of Proceeds:  Clearwater West Uranium Exploration with F3 as operator 
 
Why Clearwater? 

•	Drill Ready - Top Exploration Team in Canada 

News Release – Vancouver, British Columbia – March 4, 2024 – SKRR Exploration Inc. (TSXV: SKRR) (OTC: SKKRF) (FSE: B04Q) (“SKRR” or the “Company”), is pleased to announce that it intends to complete a non-brokered private placement (the “Private Placement”) for aggregate gross proceeds of up to $1,500,000 consisting of any combination of units of the Company at a price of $0.10 per Unit (the “Unit”) and ‘flow-through’ units of the Company (each, a “FT Unit”) at a price of $0.12 per FT Unit.

Sherman Dahl, CEO of SKRR comments:  

“We look forward to closing this private placement financing and beginning the exploration work with F3 Uranium Corp. on the Clearwater West uranium property in the Athabasca basin.” 

Each Unit will consist of one common share of the Company and one common share purchase warrant (each, a “Warrant”). Each FT Unit will consist of one common share of the Company to be issued as a Critical Mineral Exploration Tax Credit “flow-through share” within the meaning of the Income Tax Act (Canada) (each, a “FT Share”) and one Warrant. Each Warrant will entitle the holder thereof to purchase one common share of the Company at a price of $0.15 for a period of three (3) following the closing of the Private Placement. 

The Company intends to use the proceeds from the sale of the FT Shares towards exploration work (including drilling) on the Clearwater West uranium property located in Saskatchewan and intends that such expenses incurred will be eligible for the Critical Mineral Exploration Tax Credit (the “CMETC”). The Company intends to use the net proceeds from the non-FT Shares for general corporate and working capital purposes. 

SKRR has the option to acquire up to a 70% interest in the Clearwater West uranium property from F3 Uranium Corp. (TSXV: FUU), which is comprised of 3 contiguous mineral claims totaling 11,786 hectares, located ~20km outside the edge and in the south-west area of the Athabasca Basin. Subject to the completion of the Private Placement, F3 will serve as the operator for this exploration program on the Clearwater West uranium property. 

Raymond Ashley, President & Director of F3 Uranium comments: 

“We are excited to head back to Clearwater West in the near term to resume exploration. Work permits are already in hand for the initial ground geophysical work as well as drilling. The initial ground geophysical work is looking to define additional drill targets on untested conductor trends to add to the prospective drill ready targets that have been defined from previous work on the property.” 

The Private Placement is subject to TSX Venture Exchange approval. All securities issued under the Private Placement will be subject to a four month hold period in accordance with applicable securities laws and the policies of the TSX Venture Exchange. Finder’s fees may be payable in connection with the Private Placement, all in accordance with the policies of the TSX Venture Exchange and applicable securities laws. 
Continue to full news release here. 
Pretium Capital Group has an ongoing consulting contract for investor relations with the above clients and is also a shareholder. 

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