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SYH.V ·

Mr. Brady Rak Joins Skyharbour as Vice President of Business Development

Management Changes

Suite 1030 – 505 Burrard Street, Vancouver, BC, Canada, V7X1M5

www.skyharbourltd.com

TSX-V Trading Symbol: SYH

Email: [email protected]

Telephone: (604) 558-5847

Facsimile: (604) 687-3119

October 2nd, 2024

NEWS RELEASE

Mr. Brady Rak Joins Skyharbour as Vice President of Business Development

Vancouver, BC - Skyharbour Resources Ltd . (TSX-V: SYH) (OTCQX: SYHBF) (Frankfurt:

SC1P) (the “Company” or “Skyharbour”) is pleased to announce the appointment of Brady Rak,

an investment and capital markets professional, as the Company’s VP of Business Development.

Jordan Trimble, President and CEO of Skyharbour stated: “We are thrilled to have Brady join us

at Skyharbour as our VP of Business Development at a pivotal time for the Company. He brings

a wealth of capital markets experience to Skyharbour having worked i n the investment

management industry for well over a decade. With drilling underway at our core projects, and a

robust and growing prospect generator business, we look forward to leveraging Brady’s industry

knowledge, business acumen and vast network to continue growing the Company.”

About Brady Rak:

Mr. Rak is a seasoned investment professional who has focussed on the Canadian capital

markets over his 13-year career at several independent broker dealers including Ventum

Financial, Salman Partners and Union Securities. As a registered investment advisor in the private

client division of Ventum Financial, Brady has been involved in advising high -net worth and

corporate clients, structuring transactions, raising capital and navigating global market sentiment.

Brady graduated from Northwood University with a BBA in Management and holds his Options

license.

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-

nine projects, ten of which are drill-ready, covering over 580,000 hectares (over 1.4 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

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including 20.8% U 3O8 over 1.5 metres at a vertical depth of 265 metres. Adjacent to the

Moore Uranium Project is the Russell Lake Uranium Project which hosts several 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., Azincourt Energy and

Thunderbird Resources (previously Valor) at the Preston, East Preston and Hook Lake Projects,

respectively. The Company also has several active earn-in option partners including: CSE-listed

Basin Uranium Corp. at the Mann Lake Uranium Project; CSE-listed Medaro Mining Corp. at the

Yurchison Project; TSX-V listed North Shore Uranium at the Falcon Project; UraEx Resources at

the South Dufferin and Bolt Projects; and TSX-V listed Terra Clean Energy (previously Tisdale)

at the South Falcon East Project which is host to the Fraser Lakes Zone B uranium and thorium

deposit. In aggregate, Skyharbour has now signed earn-in option agreements with partners that

total to over $3 7 million in partner -funded exploration expenditures, over $ 30 million worth of

shares being issued and over $2 1 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://www.skyharbourltd.com/_resources/images/SKY_SaskProject_Locator_2024-02-

14_V2.jpg

To find out more about Skyharbour Resources Ltd. (TSX -V: 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 or Brady Rak

[email protected] or [email protected]

Skyharbour Resources Ltd.

Telephone: 604-558-5847

Toll Free: 800-567-8181

Facsimile: 604-687-3119

Email: [email protected]

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 th e 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 o r the solicitation of an offer to buy securities in the United States, nor

in any other jurisdiction.

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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 believ es the expectations

expressed in such forward -looking statements are based on reasonable assumptions, such

statements are not guarantees of future performance, and actual re sults 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. Facto rs 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.