Skyharbour Extends Warrant Terms


May 29, 2008

The Company announces that it will extend the exercise period of 9,965,000 share purchase warrants for a further one year term from their current expiry dates. The warrants, which are exercisable at a price of $0.15 per common share, consist of 4,000,000 warrants with an expiry date of July 24, 2008 and 5,965,000 warrants which expire July 31, 2008. Upon receipt of TSX Venture Exchange acceptance, the 4,000,000 warrants and 5,965,000 warrants will expire after the close of business on July 24, 2009 and July 31, 2009 respectively. 

The share purchase warrants were originally issued pursuant to a 4,000,000 Non Flow-Through Unit and 5,965,000 Flow-Through Unit private placements, which closed on July 25 and August 1, 2007. 

About Skyharbour Resources Ltd.:

Skyharbour Resources Ltd. is a gold and base metal exploration company developing projects in the RED LAKE and RAINY RIVER districts of northwestern Ontario, Canada.

ON BEHALF OF THE BOARD OF DIRECTORS

"Don Huston"
___________________________________
DONALD C. HUSTON
President

For further information contact myself or:
Don Myers
Skyharbour Resources Ltd.
Director
Telephone: 604-687-3376
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: info@skyharbourltd.com 

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

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