SKRR Exploration Inc. Raises Funds for Uranium Exploration

Skrr Exploration, Inc. (TSE:SKRR) has released an update.

SKRR Exploration Inc. has successfully completed the first phase of its private placement, raising $250,000 through the sale of 1.8 million units and over half a million tax credit flow-through units. The funds will primarily finance exploration activities on the Clearwater West uranium property in Saskatchewan, as well as for general working capital purposes. The company also plans to close a second tranche within two weeks, pending regulatory approval.

For further insights into TSE:SKRR stock, check out TipRanks’ Stock Analysis page.