Mr. Jordan Trimble reports

SKYHARBOUR APPOINTS ATHABASCA BASIN VETERAN, SERDAR DONMEZ, AS VICE PRESIDENT OF EXPLORATION

Skyharbour Resources Ltd. has appointed Serdar Donmez, a recognized geoscientist with decades of experience in uranium exploration and development, as vice-president of exploration. Mr. Donmez will be working with the rest of Skyharbour's geological team based in Saskatoon.

As a highly experienced geoscientist with nearly two decades of expertise in uranium exploration and development, Mr. Donmez has played an active role in numerous grassroots and advanced uranium exploration projects in northern Saskatchewan and Zambia. Mr. Donmez has an engineering degree in geology and is a registered professional geoscientist with the Association of Professional Engineers and Geoscientists of Saskatchewan.

During his 17-year tenure at Denison Mines Corp., Mr. Donmez was pivotal in advancing numerous uranium exploration and development projects. He was involved in various capacities with the Phoenix and Gryphon uranium deposits on Denison's Wheeler River project, from initial discovery to the completion of the feasibility study in 2023. As resource geology manager, he was integral to the development of mineral resource estimates and National Instrument 43-101 technical reports for several advanced exploration projects in the Athabasca basin. Additionally, he was part of a team exploring the application of in-situ recovery mining techniques for high-grade uranium deposits in the Athabasca basin.

Mr. Donmez's extensive experience in advancing Athabasca basin uranium projects, particularly his work at the Phoenix and Gryphon deposits at Wheeler River, aligns very well with Skyharbour's exploration and drilling initiatives at its co-flagship adjacent Russell and Moore Lake projects. Recent drilling this year at both projects has identified high-grade, multiper cent sandstone-hosted uranium mineralization. With a fully financed, 2,500-metre drill program already under way at Moore and an additional 4,000 to 5,000 metres (m) drilling program scheduled for Russell this fall, Mr. Donmez's expertise will be invaluable in advancing these projects and unlocking further value going forward.

Mr. Donmez's deep understanding of the discovery process in the Athabasca basin, along with his experience in implementing innovative exploration and development techniques, positions him to play a critical role in advancing both projects as the company continues to make new discoveries and expand its resource base.

Jordan Trimble, president and chief executive officer of Skyharbour, stated: "Serdar brings an incredible wealth of experience to the Skyharbour technical team and has specific exploration and development expertise in the southeastern portion of the Athabasca basin where our core projects are located. His many years of work at Wheeler River will prove to be invaluable at our Russell and Moore projects as we look to generate and expand on new discoveries, as well as delineate high-grade uranium resources in similar geological settings. The ability to attract such a talented and seasoned individual to the team is a testament to our portfolio of projects and multifaceted strategy in the Athabasca basin where Serdar will also be working to help manage and expand our prospect generator business."

Furthermore, in his most recent role, Mr. Donmez served as vice-president of exploration at 92 Energy Ltd. until its acquisition by Atha Energy Corp. in April, 2024. Following the acquisition, he transitioned to the role of director of exploration, where he helped in target generation for drilling programs at Atha's Angilak and Gemini projects in Nunavut and northern Saskatchewan.

Mr. Donmez, vice-president of exploration of Skyharbour, stated: "I am thrilled to join the Skyharbour team, which has a proven track record in developing and advancing high-profile uranium exploration projects in the Athabasca basin. Skyharbour's impressive portfolio includes flagship projects like Moore Lake and Russell Lake, where notable high-grade uranium mineralization has been discovered in multiple zones. I look forward to leading the technical team in advancing our exploration initiatives and demonstrating the substantial growth potential that exists within our projects."

About Skyharbour Resources Ltd.

Skyharbour holds an extensive portfolio of uranium exploration projects in Canada's Athabasca basin and is well positioned to benefit from improving uranium market fundamentals with 29 projects, 10 of which are drill-ready, covering over 580,000 hectares (over 1.4 million acres) of land. Skyharbour has acquired from Denison Mines, a large strategic shareholder of the Company, a 100-per-cent interest in the Moore uranium project which is located 15 kilometres east of Denison's Wheeler River project and 39 kilometres south of Cameco's McArthur River uranium mine. Moore is an advanced-stage uranium exploration property with high-grade uranium mineralization at the Maverick zone that returned drill results of up to 6.0 per cent triuranium octoxide (U3O8) over 5.9 metres, including 20.8 per cent U3O8 over 1.5 metres at a vertical depth of 265 metres. Adjacent to the Moore uranium project is Skyharbour's recently optioned Russell Lake uranium project from Rio Tinto, which hosts several high-grade uranium drill intercepts over a large property area with robust exploration upside potential. The company is actively advancing these projects through exploration and drill programs.

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