Vancouver, BC - Skyharbour Resources Ltd. (TSX-V: SYH) (the "Company") announces that the Company has cancelled a total of 100,000 incentive stock options previously granted to certain directors of the Company.
The Company also announces that pursuant to its stock option plan, the Company has granted incentive stock options to a consultant of the Company to purchase up to an aggregate of 100,000 common shares in the capital stock of the Company,exercisable for a period of two years, at a price of $0.11 per share. The Company's 10% rolling stock option plan was approved by the shareholders at the Annual General Meeting of the Company held on August 25, 2011. These options are subject to a four-month hold period.
About Skyharbour Resources Ltd.:
Skyharbour Resources Ltd. is a gold and base metal exploration company developing projects in the Red Lake district of northwestern Ontario, Canada.
To find out more about Skyharbour Resources Ltd. (TSX-V: SYH), visit the Company's website at www.skyharbourltd.com.
ON BEHALF OF THE BOARD OF DIRECTORS
Donald C. Huston
For further information contact myself or:
Skyharbour Resources Inc.
Toll Free: 800-567-8181
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