Vancouver, BC -- Skyharbour Resources Ltd. (TSX.V: SYH) (the "Company") announces that it has issued 2,000,000 non flow-through Units pursuant to a private placement originally announced October 20, 2006. Each non flow-through unit consists of one common share and one share purchase warrant entitling the holder to purchase one additional common share until November 8, 2008 at a price of $0.10 per common share.
The common shares and warrants issued under the non flow-through placement and any shares issued pursuant to the exercise of share purchase warrants, are subject to a four month hold period under applicable securities laws, and imposed by the TSX Venture Exchange, expiring March 10, 2007.
About Skyharbour Resources Ltd.:
Skyharbour Resources is a mineral exploration company that focuses on the acquisition and exploration of projects in Northwestern, Ontario. The Company has options or interests in 7 gold or base metal properties located in the Red Lake greenstone belt.
ON BEHALF OF THE BOARD OF DIRECTORS
JAMES G. PETTIT
For further information contact myself or:
Skyharbour Resources Ltd.
VP Corporate Communications
Toll Free: 800-567-8181
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