Skyharbour Grants Incentive Stock Options
Suite 1610 – 777 Dunsmuir Street, Vancouver, BC, Canada, V7Y 1K4
www.skyharbourltd.com
TSX-V Trading Symbol: SYH
Email: [email protected]
Telephone: (604) 687-3376
Facsimile: (604) 687-3119
February 13th, 2017
NEWS RELEASE
Skyharbour Grants Incentive Stock Options
Vancouver, BC - Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt:
SC1P) (the “Company”) announces t hat pursuant to its stock option plan, the Company has
granted incentive stock options to its various directors, officers, employees and consultants to
purchase up to an aggregate of 400,000 common shares in the capital stock of the Company,
exercisable for a period of five years, at a price of $0.63 per share.
About Skyharbour Resources Ltd.:
Skyharbour holds an extensive portfolio of uranium and thorium exploration projects in Canada's
Athabasca Basin and is well positioned to benefit from improving uranium market fundamentals
with five drill-ready projects. In July 2016, Skyharbour acquired an option from Denison Mines to
acquire 100% of the Moore Lake Uranium Project which is located 20 kilometres east of Denison’s
Wheeler River project and 39 kilometres south of Cameco’s McArthur River mine. Moore Lake is
an advanced stage uranium exploratio n property with over $30 million in historical exploration,
370 diamond drill holes, and a high -grade uranium zone known as the Maverick Zone with drill
results including 4.03% eU3O8 over 10 metres at a vertical depth of 265 metres. The Company
owns a 100% interest in the Falcon Point (formerly Way Lake) Uranium Project on the eastern
perimeter of the Basin which hosts an NI 43 -101 inferred resource totaling 7.0 million pounds of
U3O8 at 0.03% and 5.3 million pounds of ThO2 at 0.023%. The project also host s a high grade
surface showing with up to 68% U3O8 in grab samples from a massive pitchblende vein, the
source of which has yet to be discovered. Skyharbour also has a 50% interest in the large,
geologically prospective Preston Uranium Project proximal to Fission Uranium’s Triple R deposit
as well as NexGen Energy’s Arrow deposit. The Company’s 100% owned Mann Lake Uranium
project on the east side of the Basin is strategically located adjacent to the Mann Lake Joint
Venture operated by Cameco with partners Denison Mines and AREVA, where high -grade
uranium mineralization was recently discovered. 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.
To find out more about Skyharbour Resources Ltd. (TSX -V: SYH) visit the Company’s website
at www.skyharbourltd.com.
SKYHARBOUR RESOURCES LTD.
2
“Jordan Trimble”
Jordan Trimble
President and CEO
For further information contact myself or:
Nick Findler
Corporate Development and Communications
Skyharbour Resources Ltd.
Telephone: 604-639-3850
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.
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. 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 resul ts 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, continued
availability of capital and financing, and general economic, market or business condition s. Please see the
public filings of the Company at www.sedar.com for further information.