Bullboard - Stock Discussion Forum Skyharbour Resources Ltd V.SYH

Alternate Symbol(s): SYHBF

Energy

Skyharbour Resources Ltd. is a uranium exploration company. The Company holds a portfolio of uranium exploration projects in Canada's Athabasca Basin. Its projects include Moore Lake-Core Project, Russell Lake-Core Project, South Falcon, South Falcon East, Preston, East Preston, Hook Lake, and others. The Moore Uranium Project consists of 12 contiguous claims totaling 35,705 hectares located 42... see more

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TSXV:SYH - Post Discussion

Skyharbour Resources Ltd > SYH.v closes a BIG round of financing.

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Post by partystocker on Aug 26, 2022 3:29pm

SYH.v closes a BIG round of financing.

Skyharbour Resources (TSXV: SYH) has closed its latest private placement, raising gross proceeds of $3.5 million. Not only is this a solid amount of capital to carry SYH into drilling this year, but two strategic institutional investors subscribed, showing there is some solid support for the company.

The company intends to use the proceeds from this placement for exploration and upcoming drilling programs at the East Preston Project. Drilling is expected to commence in January, with mobilization anticipated in December.

SYH.v is currently trading at $.39, valued at $53.31 million.

https://ceo.ca/@globenewswire/skyharbour-closes-350-million-private-placement-of

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