Stock Options Granted
Jan 16, 2006
Skyharbour Resources Ltd. (the "Company") would like to announce that pursuant to its stock option plan, the Company has granted incentive stock options to its various directors, officers and consultants to purchase up to an aggregate of 1,510,992 common shares in the capital stock of the Company, exercisable for a period of five years, at a price of $0.14 per share. The shareholders approved the Company's 10% rolling stock option plan at the Annual and Special General Meeting of the Company held on September 29, 2005. These options are subject to a four-month hold period.
About Skyharbour Resources Ltd.:
Skyharbour Resources is a mineral exploration company that focuses on the acquisitions of and exploration of gold projects in Northwestern, Ontario. It has options or interests in 5 mineral properties located in the Red Lake greenstone belt.
ON BEHALF OF THE BOARD OF DIRECTORS
"Jim Pettit"
James G. Pettit
Director
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