Skyharbour Partner Company Terra Clean Energy Plans Winter 2025 Exploration Program at the South Falcon East Uranium Project, Athabasca Basin, Saskatchewan

Skyharbour Resources Ltd logo Vancouver, BC, Oct. 15, 2024 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQX: SYHBF ) (Frankfurt: SC1P ) ( “ Skyharbour ” or the “ Company ”) is pleased to announce that partner company Terra Clean Energy Corp. (“Terra”) has provided plans for an upcoming work program at its South Falcon East Uranium Project which hosts the Fraser Lakes B uranium Deposit. Under the Option Agreement and assuming the 75% interest is earned, Tisdale will have issued Skyharbour 1,111,111 Terra shares upfront, and will fund exploration expenditures totaling CAD $10,500,000, as well as pay Skyharbour CAD $11,100,000 in cash of which $6,500,000 can be settled for shares in the capital of Terra (“Shares”) over the five-year earn-in period.

Map of South Falcon East Project Claims:

https://skyharbourltd.com/_resources/images/Sky-South-Falcon-East-20231030.jpg

The South Falcon East Project lies 18 km outside the edge of the Athabasca Basin, approximately […]

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