Sightful Invest
  • Business
  • Investing
  • Politics
  • Stock
Top Posts
Trump considers tax hike on Americans making $2.5...
GOP senators: Congress should vote on Trump’s potential...
White House highlights over $2B in savings from...
GOP talk on millionaire tax hike ‘makes no...
Trump’s first vice president urges his old boss...
Department of Justice opens criminal investigation into NY...
Trump claims ‘I don’t know her’ and ‘listened...
Rubio just got an additional job in Trump’s...
OpenAI’s Sam Altman thanks Sen John Fetterman for...
Former Supreme Court Justice David Souter dead at...
  • Business
  • Investing
  • Politics
  • Stock

Sightful Invest

Investing

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

by admin April 17, 2025
April 17, 2025
AMENDED FROM SOURCE – 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: BSK
Frankfurt Stock Exchange: MAL2

Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) (‘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 $3,500 are payable in cash on a portion of the private placement to parties at arm’s length to the Company. In addition, 70,000 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 $28,560 were paid and 571,200 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/c0748.html

News Provided by Canada Newswire via QuoteMedia

This post appeared first on investingnews.com

previous post
Crypto Market Recap: Bitcoin in Bear Market, SEC-Ripple Pause Granted
next post
Blue Lagoon Announces Final Tranche Of Private Placement

You may also like

Inca Minerals: Advancing High-grade Gold-Antimony Project in Northern...

March 19, 2025

BHP to Spend up to A$40M to Explore...

March 10, 2025

Bitcoin Well Announces At-The-Market Equity Program

March 29, 2025

Rio Silver Inc. Announces Option Agreement to Sell...

January 22, 2025

What Was the Highest Price for Copper?

April 9, 2025

Crypto Market Recap: Grayscale Debuts New Bitcoin Product,...

May 1, 2025

Brunswick Exploration Continues to Extend MR-6 and Discovers...

October 8, 2024

Altech – CERENERGY Environmental and Construction Approval

March 17, 2025

Trident Royalties PLC Announces Holding in Company

August 17, 2024

Opawica Explorations Announces Non-Brokered Private Placement for Aggregate...

March 15, 2025

Recent Posts

  • Trump considers tax hike on Americans making $2.5 million or more per year
  • GOP senators: Congress should vote on Trump’s potential Iran nuclear deal
  • White House highlights over $2B in savings from DEI cuts during Trump administration’s first 100 days
  • GOP talk on millionaire tax hike ‘makes no sense,’ Trump White House alum says
  • Trump’s first vice president urges his old boss against raising taxes on wealthy Americans

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


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

    Categories

    • Business (712)
    • Investing (2,058)
    • Politics (2,553)
    • Stock (4)
    • About 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 © 2024 Sightful Invest. All Rights Reserved.