Skyharbour Resources 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
September 4, 2020
NEWS RELEASE
Skyharbour Resources Grants Incentive Stock Options
Vancouver, BC - Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt:
SC1P) (the “ Company”) announces that the Company has granted 1,800,000 incentive stock
options (the "Options") to officers, directors and consultants of the Company. The Options are
exercisable at $0.2 0 per share for a period of five years from the date of grant. The Options
have been granted under and are governed by the terms of the Company's Incentive Stock
Option Plan.
About Skyharbour Resources Ltd.:
Skyharbour ho lds 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 six drill-ready projects. 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 with drill results returning
up to 6.0% U3O8 over 5.9 metres including 20.8% U3O8 over 1.5 metres at a vertical depth of
265 metres. Skyharbour has signed option agreements w ith Orano Canada Inc. and Azincourt
Energy whereby Orano and Azincourt can earn in up to 70% of the Preston Project through a
combined $9,800,000 in total exploration expenditures, as well as $1,700,000 in total cash
payments and Azincourt shares. 4 Preston is a large, geologically prospective property proximal
to Fission Uranium's Triple R deposit as well as NexGen Energy's Arrow deposit. The Company
also owns a 100% interest in the Falcon Point Uranium Project on the eastern perimeter of the
Basin which c ontains a 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 Company's 100% owned Mann Lake
Uranium project on the east side of the Basin is strategically located adjacent to the Mann Lak e
Joint Venture operated by Cameco, 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 pr ojects in
geopolitically favourable jurisdictions
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Skyharbour’s Uranium Project Map in the Athabasca Basin:
http://skyharbourltd.com/_resources/SYH_Landpackage_2014.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 at:
Telephone: 604-639-3856
Or:
Simon Dyakowski
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 forwa rd-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 results or
developments may differ m aterially 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 conditions.
Please see the public filings of the Company at www.sedar.com for further information.