Pursuant to the terms of the Option and Joint Venture Agreement dated February 4, 2003 between Skyharbour Resources Ltd. ("Skyharbour") and Consolidated Abaddon Resources Inc. ("Abaddon") in connection with the Sidace Lake, Black Bear II properties located in Red Lake District, Kenora Mining Division Ontario (the "Property"), the parties recently agreed to dilute Abaddon's interest to offset the expenditures contributed by Abaddon on the Property. As a result of the dilution, Abaddon will hold a 30% interest and Skyharbour will hold a 70% interest in the Property.
ON BEHALF OF THE BOARD OF DIRECTORS OF SKYHARBOUR RESOURCES LTD.
"Donald C. Huston"
DONALD C. HUSTON
For further information contact myself or:
Skyharbour Resources Ltd,
Toll Free: 800-567-8181
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