Stocks in play: Skyharbour Resources Ltd.

Announced that it has entered into an Option Agreement with Rio Tinto Exploration Canada Inc., a wholly owned subsidiary of Rio Tinto Limited, to acquire up to 100% of the Russell Lake Uranium Project, which comprises 26 claims covering 73,294 hectares of prospective exploration ground strategically situated between the Company’s Moore Uranium project (to the east) and Denison Mines’ Wheeler River project (to the west) in the eastern portion of the Athabasca Basin. “We are very pleased to have reached an agreement with Rio Tinto to acquire up to a 100% interest in Russell Lake . This is a significant transaction for Skyharbour and involves the acquisition of a premier exploration property adjacent to our Moore project . Uranium properties with the pedigree and prospectivity of Russell Lake are few and far between given the very strategic location, notable historical exploration and findings, as well as the numerous property-wide targets with the potential to generate new discoveries. ” Skyharbour Resources Ltd. shares V.SYH are trading off 5.68 percent at $0.42.

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