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Ellis Martin Report: Skyharbour Resources Ltd (SYHBF) Signs Option Agreement with Tisdale Clean Energy to Option the South Falcon East Property, Saskatchewan
Malibu, CA, United States (ABN Newswire) - Join Ellis Martin for a conversation with Jordan T...
About this update from Skyharbour Resources Ltd.
[{"type":"text","content":"Ellis Martin Report: Skyharbour Resources Ltd (SYHBF) Signs Option Agreement with Tisdale Clean Energy to Option the South Falcon East Property, Saskatchewan\n \n Malibu, CA, United States (ABN Newswire) - Join Ellis Martin for a conversation with Jordan Trimble, the President and Chief Executive Officer of Skyharbour Resources Ltd (CVE:SYH) (OTCMKTS:SYHBF) a preeminent uranium and thorium exploration Company with projects located in the prolific Athabasca Basin of Saskatchewan, Canada. In this segment Mr. Trimble reviews the macroeconomics of the current uranium market and the company's latest partner project news.\n \n \n Skyharbour Resources announced that it has entered into an option agreement (the \"Option Agreement\" or the \"Agreement\"), dated October 19th, 2022, with Tisdale Clean Energy Corp. (\"Tisdale\"), which provides Tisdale with an earn-in option to acquire an initial 51% interest and up to a 75% interest in the South Falcon East Property located in the Athabasca Basin in Northern Saskatchewan (the \"Property\").\n \n \n The Property consists of a series of mineral claims totaling 12,464 hectares and is a portion of the Company's existing South Falcon Point Project. Skyharbour will retain a minority interest in the Property assuming the earn-in is completed as well as a 100% interest in the remaining and adjacent 32,006 hectare South Falcon Point Project and its management team as they advance the South Falcon East Project over the coming years with a substantial amount of exploration planned and significant cash and share payments to Skyharbour.\n \n \n Assuming the option earn-in is completed, Skyharbour will retain a minority interest in the project as well as an NSR while maintaining a 100% interest in the surrounding claims. News will be forthcoming on exploration plans at the Property and will complement our aggressive drill campaign forthcoming at Russell Lake as well as those at various other partner-funded projects in our portfolio.\"\n \n \n To Listen to the Interview, please visit:\n \n https://www.abnnewswire.net/lnk/2047XI5N\n \n \n \n \n \n About Skyharbour Resources Ltd.:\n \n \n \n Skyharbour Resources (CVE:SYH) (OTCMKTS:SYHBF) holds an extensive portfolio of uranium and thorium exploration projects in Canada's Athabasca Basin and is well positioned to benefit from improving uranium market fundam...