Skye Resources Inc.

Skye Resources Inc.

March 02, 2005 17:18 ET

Skye Issues Stock Options


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: SKYE RESOURCES INC.

TSX VENTURE SYMBOL: SKR

MARCH 2, 2005 - 17:18 ET

Skye Issues Stock Options

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 2, 2005) - Skye
Resources Inc. ("Skye") (TSX VENTURE:SKR) has granted options under the
Company's Stock Option Plan to certain employees and a consultant of the
Company to purchase up to a total of 50,000 common shares of the Company
at an exercise price of $4.38 each until February 25, 2010.


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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Skye Resources Inc.
    Ian G. Austin
    Chief Executive Officer
    (604) 602-7534
    (604) 682-3941 (FAX)
    www.skyeresources.com
    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release.