Skyharbour Enters into Major Strategic Agreement with Denison Mines to Form Four New Joint Ventures at Russell Lake; Combined Project Consideration of up to $61.5 Million

Vancouver, BC, Nov. 17, 2025 (GLOBE NEWSWIRE) -- Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQX: SYHBF) (Frankfurt: SC1P) (“Skyharbour”, “SYH” or the “Company”) is pleased to announce that it has entered into a definitive repurchase agreement (the “Strategic Agreement”) with Denison Mines Corp. (“Denison” or “DML”) whereby Denison will acquire an initial project interest in Skyharbour’s Russell Lake Uranium Project (“Russell” or the “Project”) and the parties have agreed to enter into four separate joint venture agreements at closing on various claims making up Russell (the “Transaction”). The Project is strategically located in the central portion of the Eastern Athabasca Basin of northern Saskatchewan, with access to regional infrastructure, including an all-weather road and powerline.

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