Skyharbour Announces Participation in Red Cloud's Fall Mining Showcase 2023

Rhea-AI Summary

Skyharbour Resources Ltd. will be presenting at Red Cloud's Fall Mining Showcase 2023 in Toronto on November 7-8. The company's President and CEO, Jordan Trimble, will provide an overview and update for the company.

Vancouver, British Columbia--(Newsfile Corp. - November 3, 2023) - Skyharbour Resources Ltd. (TSXV: SYH) (OTCQX: SYHBF) (FSE: SC1P) (the "Company") is pleased to announce that the Company will be presenting at Red Cloud's Fall Mining Showcase 2023. The annual conference will be hosted in-person, at the Sheraton Centre Toronto Hotel from November 7-8, 2023. We invite our shareholders, and all interested parties to join us there. You can register for the conference at:

https://redcloudfs.com/fallminingshowcase2023/

Skyharbour's President and CEO, Jordan Trimble, will be presenting Tuesday, November 7^th at 11:20 am Eastern Standard Time, providing an overview and update for the Company.

For more information and/or to register for the conference please visit:
https://redcloudfs.com/fallminingshowcase2023/

About Skyharbour Resources Ltd.:

Skyharbour holds an extensive portfolio of uranium exploration projects in Canada's Athabasca Basin and is well positioned to benefit from improving uranium market fundamentals with twenty-four projects, ten of which are drill-ready, covering over 518,000 hectares (over 1.2 million acres) of land. Skyharbour has acquired from Denison Mines, a large strategic shareholder of the Company, a 100% interest in the Moore Uranium Project which is located 15 kilometres east of Denison's Wheeler River project and 39 kilometres south of Cameco's McArthur River uranium mine. Moore is an advanced-stage uranium exploration property with high-grade uranium mineralization at the Maverick Zone that returned drill results of up to 6.0% U₃O₈ over 5.9 metres including 20.8% U₃O₈ over 1.5 metres at a vertical depth of 265 metres. Adjacent to the Moore Uranium Project is Skyharbour's recently optioned Russell Lake Uranium Project from Rio Tinto, which hosts historical high-grade uranium drill intercepts over a large property area with robust exploration upside potential. The Company is actively advancing these projects through exploration and drill programs.

Skyharbour has joint-ventures with industry-leader Orano Canada Inc. and Azincourt Energy at the Preston and East Preston Projects, respectively, whereby Orano and Azincourt earned majority interests in the projects through exploration expenditures, cash payments and share issuances. Skyharbour also has several active earn-in option partners including: ASX-listed Valor Resources at the Hook Lake Uranium Project; CSE-listed Basin Uranium Corp. at the Mann Lake Uranium Project; CSE-listed Medaro Mining Corp. at the Yurchison Project; Yellow Rocks Energy, a private Australian entity, at the Wallee and Usam Island projects; North Shore Energy Metals at the South Falcon Project; and TSX-V listed Tisdale Clean Energy at the South Falcon East Project which is host to the Fraser Lakes Zone B Uranium and Thorium Deposit.

Collectively, Skyharbour has now signed earn-in option agreements with partners that total to over $37 million in partner-funded exploration expenditures, over $28 million worth of shares being issued and over $19 million in cash payments coming into Skyharbour, assuming that these partner companies complete their entire earn-ins at the respective projects.

Skyharbour's goal is to maximize shareholder value through new mineral discoveries, committed long-term partnerships, and the advancement of exploration projects in geopolitically favourable jurisdictions.

Skyharbour's Uranium Project Map in the Athabasca Basin:
https://skyharbourltd.com/_resources/maps/SKY_SaskProject_Locator_V2A_20230727.jpg

To find out more about Skyharbour Resources Ltd. (TSXV: SYH) visit the Company's website at www.skyharbourltd.com.

SKYHARBOUR RESOURCES LTD.

"Jordan Trimble"

Jordan Trimble
President and CEO

For further information contact myself or:
Nicholas Coltura
Corporate Development and Communications
Skyharbour Resources Ltd.
Telephone: 604-558-5847
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: info@skyharbourltd.com

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

The securities offered have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, United States persons absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This press release does not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor in any other jurisdiction.

This release includes certain statements that may be deemed to be "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements, including the Private Placement. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, regulatory approvals, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedar.com for further information.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/186137

FAQ

What is the name of the company presenting at Red Cloud's Fall Mining Showcase 2023?

The company presenting at Red Cloud's Fall Mining Showcase 2023 is Skyharbour Resources Ltd.

When and where will the conference be held?

The conference will be held at the Sheraton Centre Toronto Hotel on November 7-8, 2023.

Who will be presenting on behalf of Skyharbour Resources Ltd.?

Jordan Trimble, the President and CEO of Skyharbour Resources Ltd., will be presenting at the conference.

Where can I register for the conference?

You can register for the conference at the following link: https://redcloudfs.com/fallminingshowcase2023/

Where can I find more information about the conference?

More information about the conference can be found at the following link: https://redcloudfs.com/fallminingshowcase2023/