Mr. Karim Rayani reports

SKULL RIDGE ANNOUNCES PRIVATE PLACEMENT

Skull Ridge Gold Corp. has arranged a non-brokered private placement financing of up to $100,000.

The financing will consist of units at a price of 2.5 cents per unit. Each unit will consist of one common share and one transferable common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share of the company at a price of five cents per share for a period of five years from the date of issuance. The warrants will be transferable in accordance with applicable securities laws.

The company's chief executive officer has agreed to subscribe for 2.5 million units for gross proceeds of $62,500. Proceeds of the financing will be used for general working capital and corporate purposes.

All securities issued in connection with the financing will be subject to a statutory hold period in accordance with applicable securities laws.

About Skull Ridge Resources Corp.

Skull Ridge Resources is advancing its district-scale Heritage gold-silver project on the Burin peninsula in Newfoundland, encompassing approximately 145 square kilometres of contiguous mineral claims. The project lies within one of Atlantic Canada's most prospective and underexplored epithermal belts. Heritage is hosted along the Point May epithermal zone, a multikilometre mineralized system with 21 high-priority drill targets and known occurrences of high-grade silver, gold and base metals. The property offers significant multi-commodity upside across a largely underexplored land package. The company's next phase of exploration will focus on expanding drilling along the Eagle zone and advancing toward an updated resource estimate.

We seek Safe Harbor.