February 21, 2006
Skye Resources Inc. (TSX-V:SKR), a development stage nickel resource company, completed a private placement of 5,885,000 common shares for gross proceeds of $25,011,250. The offering was made through a syndicate of underwriters including Paradigm Capital Inc., BMO Nesbitt Burns Inc., Desjardins Securities Inc. and Orion Securities Inc.
Wildeboer Dellelce LLP represented the Underwriters with a team including Derek Sigel, Lisa Cunningham and Anndra Schwartz (corporate/securities).
