SKRR Exploration Announces DTC Eligibility

SKRR Exploration Inc. (TSXV: SKRR) (OTC Pink: SKKRF) (FSE: B04Q) ("SKRR" or the "Company") is pleased to announce that its common shares are now eligible for electronic clearing and settlement through the Depository Trust Company ("DTC") in the United States.

DTC is a subsidiary of the Depository Trust & Clearing Corporation, a U.S. company that manages the electronic clearing and settlement of publicly traded companies. Securities that are eligible to be electronically cleared and settled through DTC are considered to be "DTC eligible". DTC eligibility is expected to create a seamless process of trading and enhance liquidity of the Company's common shares in the United States over time. The ability to have SKRR's shares electronically cleared and settled in the United States is far more convenient and reduces the costs incurred in trading shares. With SKRR's shares now traded electronically, existing investors benefit from greater liquidity over time and execution speeds, while new investors are far less restricted from participating in SKRR's shares.

About SKRR Exploration Inc.:

SKRR is a Canadian-based precious metal explorer with properties in Saskatchewan - one 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 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

For further information contact:

Rich Matthews, Investor Relations
Integrous Communications
rmatthews@integcom.us

+1 6047577179

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 anticipated effects of DTC eligibility, other statements relating to the technical, financial and business prospects of the Company, its projects 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, 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 those filed under the Company's profile on SEDAR at www.sedar.com. 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 conditions, decrease in the price of gold and other metals, equipment failures, failure to maintain or obtain 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/69111

News Provided by Newsfile via QuoteMedia

The Conversation (0)
Vertex Minerals

Vertex to Incorporate TOMRA Laser Sorter into the Reward Gold Plant – with Refurbishment and Build on Target

Vertex Minerals (ASX:VTX) (Vertex or the Company) is pleased to announce that Gekko has incorporated pre-concentration of gold ore into the flow sheet and plant design for the Hill End Project. This comprises the inclusion of a TOMRA ore sorter. Gekko will design and manufacture simple conveyances to and from the proposed ore sorting unit, with the ore unit comprising a separate module to the crushing and gravity recovery circuit.

Keep reading...Show less
Brightstar Resources

Diamond Drilling Assays Return Best Results to Date from Link Zone with Intercepts to 55.8g/t Au

Brightstar Resources Ltd (ASX: BTR) (Brightstar) is pleased to announce assay results from the inaugural Link Zone diamond drilling (DD) drilling program, part of the larger drilling program across the broader1.45Moz Au Brightstar portfolio in Menzies and Laverton. The program is targeting gold mineralisation for near-term development assessment of the Link Zone deposit, specifically targeting the Merriyulah and Golden Dicks deposits, located between the 287koz Au Lady Shenton System and 43koz Au Lady Harriet System at the Menzies Gold Project.
Keep reading...Show less
John Feneck, gold bars.

John Feneck: Gold, Silver, Copper — 10+ Stocks I'm Bullish on Now

John Feneck, portfolio manager and consultant at Feneck Consulting, shared his latest thoughts on the gold sector, saying that with the yellow metal's price reaching all-time highs now is a good time to buy gold stocks.

"Gold has now trended higher for months. Last year it was forming a base at US$1,900 (per ounce), this year it's forming a base at US$2,300 to US$2,400. And this is for weeks and weeks and weeks," he explained.

"When you see this kind of basing pattern in any chart it's called consolidation — it's a really good chart pattern to look for where you're building a base that you can build off of usually — not the other way where it crashes and burns."

Keep reading...Show less
JZR Gold Announces Closing Of Non-Brokered Private Placement Offering Of Convertible Debentures

JZR Gold Announces Closing Of Non-Brokered Private Placement Offering Of Convertible Debentures

(TheNewswire)

JZR Gold Inc.

Vancouver, British Columbia, Canada September 10, 2024 TheNewswire JZR Gold Inc. (the " Company " or " JZR ") ( TSX-V: JZR ) is pleased to announce that further to news releases dated June 21, 2024, July 22, 2024, and August 16, 2024, that it has closed the second and final tranche of the previously announced non-brokered private placement offering (the " Offering ") of unsecured convertible debentures (the " Debentures "). The Company requested and received acceptance from the TSX Venture Exchange (the " Exchange ") to increase the Offering to up to CAD$2 million. The principal sum of Debentures issued in the second tranche totals $480,000, for total gross proceeds from the Offering of $1,980,000.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Gold bar chart on top of a gold spot price chart.

What is the Gold Spot Price? (Updated 2024)

The gold spot price is used globally when the precious metal is traded. Constantly in a state of flux, the gold price is driven by diverse factors, from safe-haven demand to futures market speculation.

For much of human history, gold has been looked to as a symbol of wealth. The yellow metal emerged as a desirable commodity as far back as 4000 BCE in Egypt. In 2600 BCE, Mesopotamian artisans began crafting gold jewelry to adorn royal elites. By 700 BCE, humans were using gold coins in the first monetary transactions.

In modern times, gold is not only recognized as a sign of affluence or a safe place to store value, but has also become a popular investment vehicle for generating wealth.

Keep reading...Show less
Blue stock chart.

Tale of Two Metals: How Rising Gold, Uranium Price Impacts Supply

Economic and geopolitical factors indicate that 2024 is a good year for gold and uranium, creating opportunities for operators and investors. The uniqueness of this commodities market needs careful analysis.

Uranium fundamentals remain strong due to tightening supply and growing demand. The uranium space is seeing more M&A activity than exploration. Debates continue over nuclear power policies and the increased influence of China and Russia over the market.

Despite challenges with permitting, project financing and securing agreements, the uranium sector is experiencing a bull market. The price of uranium witnessed a nearly 70 percent rise in 2023, with the spot price reaching as high as US$82.30 per pound.

Keep reading...Show less

Latest Press Releases

Related News

×