Sky GOLD Corp Cancels Financing

SKY GOLD CORP CANCELS FINANCING

December 10, 2024 , Vancouver, BC, Canada – SKY GOLD CORP. (“Sky Gold” or the “Company”)

(TSX.V:SKYG) (US:SRKZF) announces it will not be proceeding with the 4 cent private placement previously

announced (see PR November 1, 2024). The Company will continue to assess and formulate programs on

both the Evening Star copper porphyry and gold targets as well as the Shebandowan nickel-copper-cobalt-

chrome-platinum group element-gold property, located in northwestern Ontario.

Assays are pending on the Shebandowan project.

"We feel the tide is turning for the junior resource sector and will look to finance in the New Year. Our drill

permitted targets at Evening Star are not going anywhere and, in the meantime, we await batches of

assays from 2 programs completed at our prospective Shebandowan project in Ontario." stated Mike

England, CEO of Sky Gold.

For more information on the Evening Star gold and copper project in Nevada and the Shebandowan nickel-

copper-cobalt-platinum group element (Ni -Cu-Co-PGE) project in Northwestern Ontario please visit our

website at www.skygoldcorp.com.

ON BEHALF OF THE BOARD

Mike England

CEO, PRESIDENT & DIRECTOR

FOR FURTHER INFORMATION PLEASE CONTACT

Tel: 1-604-683-3995

Toll Free: 1-888-945-4770

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.