Sky Gold Corp Cancels Planned Financing

Sky Gold Corp, a Vancouver-based company trading under TSX.V:SKYG and OTC PINK:SRKZF, announced the cancellation of its previously planned 4 cent private placement financing. The company made this decision as part of a strategic reassessment. Sky Gold will focus on its properties, the Evening Star project targeting copper porphyry and gold, and the Shebandowan site in northwestern Ontario with nickel, copper, cobalt, platinum group elements, and gold.

CEO Mike England expressed optimism about the junior resource sector's future and anticipates securing financing in early 2025. He emphasized that the drill-permitted targets at the Evening Star site remain viable. Assay results from two programs at the Shebandowan project are expected soon.