Skyharbour Closes Private Placement of Flow-Through Units for $500,000

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Vancouver, BC, Dec. 29, 2021 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd . (TSX-V: SYH )
(OTC QB : SYHBF )
(Frankfurt:
SC1P ) (the “ Company ” or “Skyharbour” ) is pleased to announce it has closed its non-brokered private placement financing for total gross proceeds of CAD $500,000 (the “Private Placement”). The majority of this smaller financing was led by insider participation with an independent director providing the lead order.
Skyharbour has allotted and issued 1,000,000 units (the “Units”) at a price of CAD $0.50 per Unit. Each Unit is comprised of one flow-through common share and one-half of one warrant (each whole, a “Warrant”). Each Warrant will entitle the holder to purchase one non-flow through common share for a period of three (3) years at a price of CAD $0.75 per share. Article content The Company intends to use the proceeds from this […]

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