Skyharbour Resources Ltd. announced the closing of a non-brokered private placement, raising CAD $2,103,898.94. The funds will be used for the 2026 exploration campaign at the Russell and Moore Lake Uranium Projects. The Private Placement included the issuance of 5,069,636 flow-through shares at CAD $0.415 per share, qualifying for a federal 30% Critical Mineral Exploration Tax Credit. An insider director subscribed for 250,000 shares for $103,750. Skyharbour holds extensive uranium exploration projects in Canada’s Athabasca Basin and has multiple joint ventures and earn-in option agreements with industry leaders.

The Company paid finder’s fees of CAD $120,008.94 and the Private Placement is subject to final TSX Venture Exchange approval. Skyharbour’s goal is to maximize shareholder value through strategic partnerships and exploration in geopolitically favorable jurisdictions. The Company’s projects have the potential for over $76 million in partner-funded exploration expenditures and over $42 million in cash and share payments. For more information visit www.skyharbourltd.com.

Read more at GlobeNewswire: Skyharbour Closes $2.1 Million Private Placement of