Blue Sky Uranium

Blue Sky Uranium: Developing Uranium Discovery into Argentina's Largest Domestic Supplier

Blue Sky Uranium (TSXV:BSK,OTC:BKUCF,FSE:MAL2.F) is an advanced exploration and development mining company focused on the Rio Negro province of Argentina. The company’s flagship project, the Amarillo Grande Project, has an NI 43-101 compliant resource estimate of 22.7 million pounds of uranium and 11.5 million pounds of vanadium.

Amarillo Grande Argentina UraniumAmarillo Grande Argentina Uranium Projectinvestingnews.com

This Argentinian discovery was made via the company’s collaboration with the Grosso Group, an organization that has operated in the area for over 27 years. Blue Sky Uranium has an excellent project that may become the first low-cost and near-term uranium producer in Argentina, a country whose in nuclear power and SMRs creates a strong local demand for uranium.


Company Highlights

  • Blue Sky Uranium is an advanced exploration and development mining company with a district-scale opportunity to become Argentina’s largest supplier of uranium.
  • Argentina is a nuclearized country with three existing nuclear power plants and is the leader in small modular reactor technology, creating a steady demand for uranium. However, the country is presently dependent on imported uranium.
  • The company’s flagship project, Amarillo Grande, is a district-scale opportunity with an inferred resource estimate of 22.7 million pounds of uranium and 11.5 million pounds of vanadium.
  • The discovery of uranium was made in-house in collaboration with the Grosso Group, an organization that has operated in the country for decades.
  • A strong management team leads Blue Sky Uranium with direct experience in the mining industry, compliance, and corporate management.
This Blue Sky Uranium profile is part of a paid investor education campaign.*
BSK:CA
The Conversation (0)
Blue Sky Uranium Closes Fully-Subscribed Non-Brokered Private Placement

Blue Sky Uranium Closes Fully-Subscribed Non-Brokered Private Placement

/NOT FOR DISTRIBUTION TO THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES/

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

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Blue Sky Uranium Announces Amendment to the Terms of the Non-Brokered Private Placement Using The Listed Issuer Financing Exemption

Blue Sky Uranium Announces Amendment to the Terms of the Non-Brokered Private Placement Using The Listed Issuer Financing Exemption

/NOT FOR DISTRIBUTION TO UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES/

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

TSX Venture Exchange:   BSK
Frankfurt Stock Exchange:   MAL2

Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) ("Blue Sky" or the "Company") announces it is amending the terms of the non-brokered private placement for the sale of: (i) a minimum of 18,000,000 units of the Company (each, a " Unit ") at a price of $0.05 per Unit (the " Offering Price ") for aggregate gross proceeds of $900,000 ; and (ii) a maximum of 21,000,000 Units at the Offering Price for aggregate gross proceeds of $1,050,000 (the " Offering "). Red Cloud Securities Inc. will be acting as a finder in connection with the Offering.

Each Unit will consist of one common share in the capital of the Company (each, a " Common Share ") and one transferrable Common Share purchase warrant (each, a " Warrant "). Each Warrant will entitle the holder thereof to purchase one additional Common Share (each, a " Warrant Share ") at an exercise price of $0.05 per Warrant Share for a period of four (4) years following the issue date of the Unit.

Please contact Shawn Perger at 1-604-687-1828 or Toll-Free: 1-800-901-0058
  Email: info@blueskyuranium.com

Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 – Prospectus Exemptions (" NI 45-106 "), the Units will be offered for sale to purchasers resident in Canada other than Quebec and in certain offshore jurisdictions pursuant to the listed issuer financing exemption under Part 5A of NI 45-106 (the " Listed Issuer Financing Exemption "). The Units may also be sold in certain other jurisdictions pursuant to applicable securities laws. The Common Shares issuable from the sale of Units sold under the Listed Issuer Financing Exemption are expected to be immediately freely tradeable under applicable Canadian securities legislation if sold to purchasers resident in Canada , subject to any hold period imposed by the TSX Venture Exchange (the " Exchange ") on the securities issued to certain purchasers. There is an offering document relating to the Offering that can be accessed under the Company's profile at www.sedarplus.ca and on the Company's website at www.blueskyuranium.com . Prospective investors should read this offering document before making an investment decision.

Closing of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including but not limited to, the approval of the Exchange. Directors, officers and employees of the Company may participate in a portion of the Offering and any securities issued to such directors and officers are subject to the Exchange's four-month hold period. A commission may be paid to arm's length finders on a portion of the Offering. The Company intends to use the proceeds of the Offering for exploration programs including the recently acquired in-situ recovery uranium projects in Argentina and for general working capital.

The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the " 1933 Act ") or any state securities laws, and accordingly, may not be offered or sold within the United States except in compliance with the registration requirements of the 1933 Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction.

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.

This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. All statements, other than statements of historical fact, that address activities, events or developments the Company believes, expects or anticipates will or may occur in the future, including, without limitation, statements about the closing of the Offering, the participation by insiders in the Offering, finder's fees, and the use of proceeds; the Company's plans for its mineral properties; the Company's business strategy, plans and outlooks; the future financial or operating performance of the Company; and future exploration and operating plans are forward-looking statements. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.

Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements and, even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things: the impact of COVID-19; risks and uncertainties related to the ability to obtain necessary approvals, including Exchange approval for the closing of the Offering, the ability to obtain, amend, or maintain licenses, permits, or surface rights; risks associated with technical difficulties in connection with mining activities; and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations. Actual results may differ materially from those currently anticipated in such statements. Readers are encouraged to refer to the Company's public disclosure documents for a more detailed discussion of factors that may impact expected future results. Any forward-looking statement speaks only as of the date on which it is made and the Company undertakes no obligation to publicly update or revise any forward-looking statements, unless required pursuant to applicable laws.

SOURCE Blue Sky Uranium Corp.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2024/28/c8424.html

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
CORRECTION FROM ISSUER - Blue Sky Uranium Announces Non-Brokered Private Placement Using The Listed Issuer Financing Exemption

CORRECTION FROM ISSUER - Blue Sky Uranium Announces Non-Brokered Private Placement Using The Listed Issuer Financing Exemption

/NOT FOR DISTRIBUTION TO UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES/

Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) (OTC: BKUCF) ("Blue Sky" or the "Company") announces a non-brokered private placement for the sale of: (i) a minimum of 20,000,000 units of the Company (each, a " Unit ") at a price of $0.045 per Unit (the " Offering Price ") for aggregate gross proceeds of $900,000 ; and (ii) a maximum of 21,000,000 Units at the Offering Price for aggregate gross proceeds of $945,000 (the " Offering "). Red Cloud Securities Inc. will be acting as a finder in connection with the Offering.

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Blue Sky Uranium Provides Update on Activities and Informs About New Positive Investment Legislation in Argentina

Blue Sky Uranium Provides Update on Activities and Informs About New Positive Investment Legislation in 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 provide an update on activities at its Amarillo Grande Uranium-Vanadium Project ("AGP") in Argentina . Field work is currently concentrating on surface exploration while the updating of environmental permits for further drilling is underway. The aim of the on-going program is to apply different techniques to detect the presence and continuity of blind uranium mineralization at depth. The recent work included mapping, soil and pit sampling, auger drilling and the first isotopic survey. The isotopic technique uses geochemical analysis of soils to detect uranium at depth based on its natural decay into specific lead isotopes detectable in surface samples, a method that has been successfully demonstrated in other uranium districts. Blue Sky's work to date was concentrated in the Ivana sector, where anomalous isotopic patterns or footprints identified at the Ivana deposit will be compared with samples collected at other areas of known mineralization, like Ivana Central, in order to identify new drill targets. If successful, this technique will be used as a regional tool to identify new targets and vector drilling for the potential discovery of blind uranium mineralization throughout the 145-km long AGP. Final results of sample analyses and interpreted target generation from the program are in progress.

News Provided by PR Newswire via QuoteMedia

Keep reading...Show less
Blue Sky Uranium Announces Non-Brokered Private Placement Using The Listed Issuer Financing Exemption

Blue Sky Uranium Announces Non-Brokered Private Placement Using The Listed Issuer Financing Exemption

/NOT FOR DISTRIBUTION TO UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES/

TSX Venture Exchange:   BSK
Frankfurt Stock Exchange:   MAL2

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Mart Wolbert, nuclear reactors.

Mart Wolbert: Uranium Bull Thesis Intact, "Half-time Break" Ending Soon

Mart Wolbert, analyst at Contrarian Codex, shared his latest thoughts on the uranium market, including what's next for prices and key factors to watch when it comes to supply and demand.

When asked how far the current cycle has progressed, he said that in the context of his "stadium" model, a concept he explained in a previous interview, uranium's half-time break is almost over.

"That's not to say that we won't have any water breaks in between as the equities pull back and go up. That's just the nature of the market, it's the nature of any market. Nothing goes up in a straight line," Wolbert said.

Keep reading...Show less
Savana sunrise in Tanzania, Africa.

Rich Resources, Friendly Regulations Make Tanzania an Emerging Haven for Exploration

Investors examining the value propositions of mining projects require a greater understanding of local regulatory, geological and geopolitical landscapes. One emerging destination for explorers and miners is Tanzania.

The history of the Tanzanian mining industry moves from colonial governance, through African socialism and state control, to policies favourable to foreign investment. British and South African mining operations opened 100 years ago in the Mwadui area. During the Second World War, however, gold prospecting was banned.

After Tanzania became independent in 1961, state institutions controlled mining there until the 1990s. That’s when the government created the Investment Promotion Policy to attract international investors to the country’s diverse mineral resources base.

Keep reading...Show less
solar panels and wind turbines

Antimony: Lesser Known, Yet Highly Critical

Despite its designation as a critical mineral in the US, Canada, Australia and the EU, antimony remains largely unknown.

Although it may seem less popular than its hyped-up counterparts like rare earths and lithium, antimony’s industrial and strategic importance cannot be ignored. Antimony has for decades been crucial to countless sectors, and its military applications made US-produced antimony crucial to the Second World War.

Now, as the world moves towards a future defined by clean energy and decarbonization, it's arguably more important than ever — and a compelling addition to any investment portfolio.

Keep reading...Show less

Global Atomic Applies to Extend the Expiry Date of Certain Warrants

Global Atomic Corporation (" Global Atomic " or the " Company ") (TSX: GLO) (OTCQX: GLATF) (FRANKFURT: G12) announces that it has applied to the Toronto Stock Exchange (the " TSX ") to extend the expiry dates of a total of 9,583,334 outstanding common share purchase warrants of the Company (the " Warrants ") and 560,000 outstanding broker warrants (the " Broker Warrants "). The Warrants and Broker Warrants were issued pursuant to a public offering of securities of the Company which closed on March 17, 2023 . Each of the Warrants has an exercise price of C$4.00 per share and each of the Broker Warrants has an exercise price of C$3.00 per share. Both the Warrants and the Broker Warrants have an expiry date of September 17, 2024 . The Company has applied to the TSX to extend the expiry date to December 31, 2024 . No insiders of the Company hold any of these Warrants or Broker Warrants, directly or indirectly. Finalization of this extension is subject to the approval of the TSX. If such approval is obtained, this extension will be effective ten business days from the date of this news release.

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
Energy Fuels

Federal Court of Australia Approves Transformational Acquisition of Base Resources

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) ("Energy Fuels" or the "Company"), an industry leader in uranium and rare earth elements ("REE") production for the energy transition, is pleased to announce that the Federal Court of Australia (the "Court") has today made orders approving the proposed acquisition of Base Resources Limited ("Base") by Energy Fuels by way of a scheme of arrangement under Australia's Corporations Act (the "Scheme").

As previously announced on April 21, 2024, under the Scheme, Energy Fuels will acquire 100% of the issued shares of Base in consideration of the issuance by the Company of 0.026 Energy Fuels Common Shares for every Base share held and the payment by Base of a special dividend of AUD $0.065 per Base share.

Keep reading...Show less
Russian flag.

Putin Mulls Uranium, Nickel and Titanium Export Limits in Response to Western Sanctions

Russian President Vladimir Putin has suggested Russia should consider limiting exports of key metals and raw materials, including uranium, titanium and nickel, as a response to western sanctions.

According to a Wednesday (September 11) Reuters report, Putin raised the idea in televised comments to government ministers, highlighting Russia’s important role in global supply of strategic commodities.

“Russia is the leader in reserves of a number of strategic raw materials,” Putin said.

Keep reading...Show less

Latest Press Releases

Related News

×