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Warrants Alert

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Warrant Symbol - SKR.WT.A
Number Trading - 2.7 million
Expiration Date - January 26, 2009
Cusip - 83081N 13 1
Exercise Price - $15.13

Warrant Symbol - SKR.WT
Number Trading - 3,725,000
Expiration Date - March 13, 2008
Cusip - 83081N 11 5
Exercise Price - $12.36

Warrants called to trade news:

Skye Resources to list 2.7 million warrants on Oct. 26

2007-10-24 19:14 MT - Warrants Called to Trade
TSX bulletin 2007-1495
A total of 2.7 million common share purchase warrants of Skye Resources Inc.
will be listed and posted for trading at the open on Friday, Oct. 26, 2007,
under the following trading information:

Warrant symbol: SKR.WT.A
Warrant Cusip No.: 83081N 13 1
Trading currency: Canadian dollars
Designated market-maker: National Bank Financial Inc.
Other markets: None

The warrants are being issued in connection with a prospectus offering of
units by the company, each unit consisting of one common share and one-half
of a warrant. Each whole warrant entitles the holder to purchase one
additional common share of the company at a price of $15.13 per share for a
period of 15 months following the closing date of the offering.

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