Sightful Invest
  • Business
  • Investing
  • Politics
  • Stock
Top Posts
Comey to be arraigned in federal court after...
Comey pleads not guilty in court after indictment...
Houthi rebels test US ceasefire with deadly strike...
Kushner joins Witkoff for Gaza ceasefire talks as...
Cuomo rips Mamdani’s freebie ‘fantasy,’ says AOC proved...
White House escalates shutdown consequences as Democrats show...
Moderate Dem undercuts Jeffries on ObamaCare compromise as...
MIKE DAVIS: The Supreme Court betrayed again —...
Senate Democrats defy White House warnings, again block...
Greta Thunberg slammed for using image of starved...
  • Business
  • Investing
  • Politics
  • Stock

Sightful Invest

Investing

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

by admin April 16, 2025
April 16, 2025
Blue Sky Uranium Increases and Closes 2nd and Final Tranche of the Oversubscribed Non-Brokered Private Placement

/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES /

TSX Venture Exchange (TSX-V): BSK
Frankfurt Stock Exchange (FSE): 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 due to continued strong demand, the Company has increased the non-brokered private placement offering (the ‘ Offering ‘) to up to $1,649,800 in aggregate gross proceeds. All other terms of the Offering will remain the same as originally announced in the Company’s News Release dated March 27, 2025 .

The Company further announces that it has closed the second and final tranche of the non-brokered private placement through the issuance of 8,660,000 units at a subscription price of $0.05 per Unit for aggregate gross proceeds to the Company of $433,000 . In total, the Company issued 32,996,000 Units for total gross proceeds of $1,649,800 .

Each Unit consists of one common share and one warrant (a ‘ Warrant ‘). Each Warrant will entitle the holder thereof to purchase one additional common share in the capital of the Company at $0.07 per share for four years from the date of issue, expiring on April 16, 2029 for this tranche.

Finder’s fees of $4,900 are payable in cash on a portion of the private placement to parties at arm’s length to the Company. In addition, 98,000 non-transferable finder’s warrants are issuable (the ‘ Finder’s   Warrants ‘).  Each Finder’s Warrant entitles a finder to purchase one common share at a price of $0.05 per share for four years from the date of issue, expiring on April 16, 2029 for this tranche. In total, cash finders’ fees of $29,960 were paid and 599,200 Finders’ Warrants were issued for the Offering.

No insiders participated in this tranche.

This Offering is subject to regulatory approval and all securities to be issued pursuant to the Offering in this final tranche are subject to a four-month hold period under applicable Canadian securities laws expiring on August 16, 2025 . The proceeds of the Offering will be used for general working capital.

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 Blue Sky Uranium Corp.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/April2025/16/c5118.html

News Provided by Canada Newswire via QuoteMedia

This post appeared first on investingnews.com

previous post
Cardiol Therapeutics Enrolls First Patient in Pivotal Phase III MAVERIC Trial in Recurrent Pericarditis
next post
HMW Phase 1 Funding & Offtake Secured with US Based Partner

You may also like

Investing in Graphene Companies (Updated 2024)

August 1, 2024

What is the Gold Spot Price? (Updated 2024)

September 11, 2024

Per Jander: Uranium Still “Very Early” in Cycle,...

March 15, 2025

Satellite Imagery and Gold Exploration (Updated 2024)

September 12, 2024

Bitcoin: A Price History of the First Cryptocurrency...

August 9, 2024

Crypto Market Recap: House Democrats to Launch Meme...

March 1, 2025

Editor’s Picks: Gold Pulls Back, Experts Not Worried;...

May 4, 2025

Charbone Hydrogene annonce une premiere cloture de son...

November 26, 2024

7 Biggest Lithium-mining Companies in 2024

July 22, 2024

Tech 5: DeepSeek Disrupts AI Landscape, Tech Stocks...

February 2, 2025

Recent Posts

  • Comey to be arraigned in federal court after being indicted for alleged false statements, obstruction
  • Comey pleads not guilty in court after indictment on alleged false statements, obstruction
  • Houthi rebels test US ceasefire with deadly strike on cargo ship
  • Kushner joins Witkoff for Gaza ceasefire talks as Trump pushes peace plan: ‘Cautiously optimistic’
  • Cuomo rips Mamdani’s freebie ‘fantasy,’ says AOC proved socialism fails after killing NYC Amazon deal

    Sign up for our newsletter to receive the latest insights, updates, and exclusive content straight to your inbox! Whether it's industry news, expert advice, or inspiring stories, we bring you valuable information that you won't find anywhere else. Stay connected with us!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Categories

    • Business (936)
    • Investing (3,147)
    • Politics (3,845)
    • Stock (4)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sightfulinvest.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 Sightful Invest. All Rights Reserved.