Skyharbour Increases its Private Placement of Common and Flow-Through Shares

V.SYH, Skyharbour, Uranium,

Skyharbour Resources Ltd. (TSX-V:SYH) (OTCQB:SYHBF) (Frankfurt:SC1P) (the “Company”) announces that due to strong interest the Company has increased its non-brokered private placement financing to aggregate gross proceeds of approx. CAD $2.5 million. The Company has increased its placement from 3,250,000 units of the Company (the “Units”) to 3,600,000 Units at a price of CAD $0.40 each, and has increased its placement from 1,650,000 flow-through units (the “FT Units”) to 2,400,000 at a price of CAD $0.45 each. Each Unit will be comprised of one common share and one warrant (“Warrant”). Each whole Warrant will entitle the holder to purchase one additional common share for two (2) years at a price of CAD $0.60 each.  Each FT Unit will be comprised of one flow-through common share and one-half of one warrant (“Warrant”). Each whole Warrant will entitle the holder to purchase one additional common share for two (2) years at a price of CAD $0.60 each. read more