The TSX Venture Exchange has accepted for filing a repurchase agreement dated Nov. 14, 2025, between Skyharbour Resources Ltd. and a non-arm's-length party, Denison Mines Corp., to dispose of partial percentage interests (ranging from 20 per cent to 70 per cent) in the various claims comprising the Russell Lake uranium project.

Under the terms of the agreement, the purchaser will pay initial consideration $18-million to the company ($2-million paid upon execution, and $16-million in cash or shares payable on or before Dec. 31, 2025).

The purchaser has also been granted options to earn up to a 70-per-cent interest in certain properties comprising the property by incurring up to $40-million in exploration expenditures and making additional cash payments.

The transaction is non-arm's length and no finders' fees are payable.

For further details, please refer to the company's news releases dated Nov. 16, 2025, Nov. 17, 2025, and Dec. 17, 2025, available on SEDAR+.