The Board of Directors wishes to announce non-brokered private placement of up to 6,000,000 Units at an offering price of $0.05 per Unit. Each Unit will consist of one Share and One Share Purchase Warrant entitling the holder to purchase an additional common share at a price of $0.10 for a period of one year. A finder's fee in the maximum amount allowable will be paid in connection with this private placement offering.
The Company intends to utilize the proceeds from the private placement for general working capital purposes and expenditures on its jointly held McKenzie Island property located in Red Lake, Ontario.
About Skyharbour Resources Ltd.:
Skyharbour Resources Ltd. is a gold exploration company that focuses on the acquisition and exploration of projects in Northwestern, Ontario. The Company has options or interests in 6 mineral properties located in the Red Lake greenstone belt.
ON BEHALF OF THE BOARD OF DIRECTORS
DONALD C. HUSTON
For further information contact myself or:
Skyharbour Resources Ltd.
VP Corporate Communications
Toll Free: 800-567-8181
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