Uranium

Blue Sky Uranium

Blue Sky Uranium Closes 1st Tranche of Non-Brokered Private Placement

Blue Sky Uranium Corp. (TSX-V: BSK), (FSE: MAL2), (OTC: BKUCF), ("Blue Sky" or the "Company") is pleased to announce it has closed the first tranche of the non-brokered private placement announced on November 21, 2022, and increased on December 1, 2022 (the "Private Placement") through the issuance of 16,780,000 units at a subscription price of $0.10 per unit for aggregate gross proceeds to the Company of $1,678,000.

Each unit (a "Unit") consists of one common share (a "Share") and one transferrable common share purchase warrant (a "Warrant"). Each Warrant will entitle the holder thereof to purchase one additional common share in the capital of the Company at $0.20 per share for two (2) years from the date of issue, expiring on December 2, 2024.

Finder's fees of $61,530 are payable in cash on a portion of the private placement to parties at arm's length to the Company. In addition, 615,300 non-transferable finder's warrants are being issued (the "Finder'sWarrants"). Each Finder's Warrant entitles a finder to purchase one common share at a price of $0.20 per share for two (2) years from the date of issue, expiring on December 2, 2024.

Certain insiders of the Company have participated in the Private Placement for $20,000 in Units. Such participation represents a related-party transaction under Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"), but the transaction is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of the subject matter of the transaction, nor the consideration paid, exceed 25% of the Company's market capitalization.

The proceeds of the financing will be used for exploration programs on the Company's projects in Argentina and for general working capital.

This financing is subject to regulatory approval and all securities to be issued pursuant to the financing are subject to a four-month hold period expiring on April 2, 2023.

About Blue Sky Uranium Corp.

Blue Sky Uranium Corp. is a leader in uranium discovery in Argentina. The Company's objective is to deliver exceptional returns to shareholders by rapidly advancing a portfolio of surficial uranium deposits into low-cost producers, while respecting the environment, the communities, and the cultures in all the areas in which we work. Blue Sky has the exclusive right to properties in two provinces in Argentina. The Company's flagship Amarillo Grande Project was an in-house discovery of a new district that has the potential to be both a leading domestic supplier of uranium to the growing Argentine market and a new international market supplier. The Company is a member of the Grosso Group, a resource management group that has pioneered exploration in Argentina since 1993.

ON BEHALF OF THE BOARD

"Nikolaos Cacos"
______________________________________
Nikolaos Cacos, President, CEO and Director

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

The securities being offered have not been, nor will they be registered under the United States Securities Act of 1933, as amended, or state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. federal and state registration or an applicable exemption from the U.S. registration requirements. This release does not constitute an offer for sale of securities in the United States.

Source

Click here to connect with Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) (OTC: BKUCF), to receive an Investor Presentation

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Blue Sky Uranium Increases and Closes 2nd and Final Tranche of Non-Brokered Private Placement

Blue Sky Uranium Increases and Closes 2nd and Final Tranche of Non-Brokered Private Placement

/NOT FOR DISTRIBUTION TO THE UNITED STATES /

Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) (OTC: BKUCF) "Blue Sky" or the "Company") is pleased to announce it has closed the oversubscribed 2 nd and final tranche of the non-brokered private placement financing announced on November 21, 2022 and increased on December 1, 2022 consisting of 1,381,000 units in this tranche at a price of $0.10 per unit for gross proceeds of $138,100 . In total the Company issued 18,161,000 units for total gross proceeds of $1,816,100 .

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Blue Sky Uranium Launches Field Work and Advances two Priority Exploration Targets within the Amarillo Grande Project, Argentina

Blue Sky Uranium Launches Field Work and Advances two Priority Exploration Targets within the Amarillo Grande Project, Argentina

TSX Venture Exchange: BSK
Frankfurt Stock Exchange: MAL2
OTCQB Venture Market (OTC): BKUCF

Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) (OTC: BKUCF) ("Blue Sky" or the "Company") is pleased to announce that the Company is launching a comprehensive field exploration program at the Cateo Cuatro sector to refine drilling targets, and has advanced the Ivana East target to the drill-testing stage. The Ivana East target is 10km east of the Ivana deposit while Cateo Cuatro is located 32km to the southwest.  These important targets have been prioritized by the Company as part of its strategy aimed at defining additional uranium deposits within the 145km long and wholly owned Amarillo Grande Uranium-Vanadium Project in Rio Negro Province Argentina ("AGP").

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Blue Sky Uranium Reports 1m @ 0.13% U3O8 and 0.13% V2O5 and Final Results from the Ivana Deposit Drilling Program, Amarillo Grande Project, Argentina

Blue Sky Uranium Reports 1m @ 0.13% U3O8 and 0.13% V2O5 and Final Results from the Ivana Deposit Drilling Program, Amarillo Grande Project, Argentina

Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) (OTC: BKUCF) ("Blue Sky" or the "Company") is pleased to announce assay results from the third and last tranche of the recently completed reverse circulation (" RC ") drilling program at the Ivana Deposit (as announced on April 5, 2022 ), within its wholly-owned Amarillo Grande Uranium-Vanadium Project (" AGP ") in Rio Negro Province Argentina . This tranche of drilling returned 2,042 samples from 209 holes averaging 9.3m depth that tested areas of lower drill hole density at the margins of, and within, the western portion of the Ivana deposit; as well as testing the potential expansion of the deposit to the west (see Figure 1 and Table 1 *). These results will be included in a future mineral resource estimate update for the Ivana deposit.

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Blue Sky Uranium Appoints PI Financial as Market Maker

Blue Sky Uranium Appoints PI Financial as Market Maker

Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) (OTC: BKUCF) ("Blue Sky" or the "Company") is pleased to announce that it has retained PI Financial Corp. (" PI ") to provide market making services in accordance with TSX Venture Exchange policies.

Blue Sky Uranium Corp. Logo (CNW Group/Blue Sky Uranium Corp.)

PI will trade the securities of the Company on the TSX-V for the purposes of maintaining an orderly market. In consideration of the services provided by PI, the Company will pay PI a monthly cash fee of $4,000 for minimum term of three months and renewable thereafter.  The Company and PI are unrelated and unaffiliated entities.  PI will not receive shares or options as compensation and does not hold any shares in the Company for long term investment purposes for the benefit of PI Financial.  The capital used for market making will be provided by PI.

About Blue Sky Uranium Corp.

Blue Sky Uranium Corp. is a leader in uranium discovery in Argentina . The Company's objective is to deliver exceptional returns to shareholders by rapidly advancing a portfolio of surficial uranium deposits into low-cost producers, while respecting the environment, the communities, and the cultures in all the areas in which we work. Blue Sky has the exclusive right to properties in two provinces in Argentina . The Company's flagship Amarillo Grande Project was an in-house discovery of a new district that has the potential to be both a leading domestic supplier of uranium to the growing Argentine market and a new international market supplier. The Company is a member of the Grosso Group, a resource management group that has pioneered exploration in Argentina since 1993.

ON BEHALF OF THE BOARD

"Nikolaos Cacos"

______________________________________
Nikolaos Cacos , President, CEO and Director

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

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/blue-sky-uranium-appoints-pi-financial-as-market-maker-301613955.html

SOURCE Blue Sky Uranium Corp.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2022/29/c3908.html

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Blue Sky Uranium Closes 3rd and Final Tranche of Non-Brokered Private Placement

Blue Sky Uranium Closes 3rd and Final Tranche of Non-Brokered Private Placement

TSX Venture Exchange:   BSK
Frankfurt Stock Exchange:   MAL2
OTCQB Venture Market (OTC): BKUCF

/NOT FOR DISTRIBUTION TO THE UNITED STATES /

News Provided by Canada Newswire via QuoteMedia

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

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