09:11 AM EST - Skyharbour Resources Ltd. : Announced that it has acquired 100% of the South Dufferin Uranium Project from Denison Mines Corp. The South Dufferin Project comprises 12,282 hectares (30,349 acres) over nine claims in the Athabasca Basin, which is host to the highest-grade uranium deposits in the world and is consistently ranked as a top mining jurisdiction by the Fraser Institute. Under the terms of the Purchase Agreement, which is subject to TSX Venture Exchange approval, Skyharbour may acquire a 100% interest in the South Dufferin project in consideration for the issuance of 6,000,000 shares, 1,000,000 non-transferable share purchase warrants, and a cash payment totaling CAD $125,000. Each Warrant will entitle Denison to purchase one common share of Skyharbour for a period of two years at a price of $0.60 per share. Skyharbour Resources Ltd.
shares V.SYH are trading up 1 cent at $0.38.
Full Press Release: https://www.baystreet.ca/quotedata/quote.aspx?ticker=SYH%3ACA&qmodStoryID=6839741313019112
