Paul Matysek Joins Skyharbour's Advisory Board

VANCOUVER, British Columbia, July 28, 2016 (GLOBE NEWSWIRE) -- Skyharbour Resources Ltd. (TSX-V:SYH) (OTC Grey:SYHBD) (Frankfurt:SC1N) (the "Company") is pleased to announce Mr. Paul Matysek, M.Sc., P.Geo, will be joining Skyharbour's Advisory Board. Mr. Matysek is a mining entrepreneur, professional geochemist and geologist with over 35 years of experience in the mining industry. He has held senior executive and director positions with several natural resource exploration and development companies and is a proven company builder.

Mr. Matysek was the Founder, President and CEO of Energy Metals Corporation ("EMC"), a premier uranium company that traded on the New York and Toronto Stock Exchanges. Mr. Matysek led EMC as one of the fastest growing Canadian companies in recent years, increasing its market capitalization from $10 million in 2004 to approximately $1.8 billion when it was acquired by a larger uranium producer, Uranium One Inc., in 2007. Mr. Matysek is currently the President and CEO of Goldrock Mines Corp. (TSX-V:GRM) which on June 7^th, 2016 announced it had entered into a definitive agreement to be acquired by Fortuna Silver Mines (NYSE:FSM) (TSX:FVI). Goldrock's principal asset is the 100% owned Lindero Project located in Salta Province, Argentina and the transaction values Goldrock at $129 million on a fully-diluted in-the-money basis. Mr. Matysek is also the Executive Chairman and on the Board of Directors of Lithium X (TSX-V:LIX), a lithium resource explorer with projects in Salta, Argentina and Clayton Valley, Nevada. Previously, Mr. Matysek was the President and CEO of Lithium One Inc., which developed a high quality lithium project in northern Argentina. In July 2012, Lithium One and Galaxy Resources merged with a $112 million plan to create a fully integrated lithium company. Prior to Lithium One, Mr. Matysek was the President and CEO of Potash One Inc. where he was the architect of the $434 million friendly takeover of Potash One by K+S Ag, which closed in early 2011.

Skyharbour's President and CEO, Jordan Trimble commented, "We are very pleased that Paul Matysek has agreed to join Skyharbour's Advisory Board. He is an incredibly well respected leader in the resource industry and his expertise will be invaluable to the future development of the Company and our portfolio of projects in the Athabasca Basin. Having recently completed a significant deal with Denison Mines to acquire a 100% interest in the Moore Lake Uranium Project, we remain focused on building a preeminent uranium company with a strong management and advisory team. Paul's specific experience in building and selling uranium company Energy Metals to Uranium One, his knowledge of the capital markets and his proven ability to maximize the value of resource assets for the benefit of all stakeholders will be of great value to Skyharbour going forward."