Sky Ridge Resources Ltd. announces stock option grant

TSXV: SYR.H

VANCOUVER, March 16, 2016 /CNW/ - Sky Ridge Resources Ltd. (TSXV: SYR.H) (the "Company") reports that pursuant to the Company's stock option plan, a total of 88,000 stock options have been granted to consultants and charitable organizations of the Company at an exercise price of $0.185 per share, exercisable for a period of ten years, subject to regulatory approval.

ON BEHALF OF THE BOARD OF DIRECTORS OF SKY RIDGE RESOURCES LTD.

"JEFF DURNO" DIRECTOR & CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Sky Ridge Resources Ltd.

For further information:

Jeff Durno 
Director 
Tel: [phone]