Sky Ridge Resources Announces Mandate Agreement with Endeavour Financial

    VANCOUVER, Feb. 1 /CNW/ - Sky Ridge Resources Ltd. (NEX Board of
TSXV:SYR.H) announced today that it has entered into a mandate agreement with
Endeavour Financial Ltd. ("Endeavour") pursuant to which Endeavour has agreed
to provide general corporate financial advice with respect to the Company's
strategic direction and corporate development.
    The Company has also granted options to purchase up to 1,000,000 shares
at a price of $0.47 per share exercisable for a period of five years from date
of grant to Endeavour, subject to regulatory approval.

    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of the content of this news

For further information:

For further information: Jeff Durno, President, Tel: (604) 609-6110

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Sky Ridge Resources Ltd.

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