{"id":15077,"date":"2025-06-25T17:54:38","date_gmt":"2025-06-25T17:54:38","guid":{"rendered":"https:\/\/investingsstrategist.com\/index.php\/2025\/06\/25\/blue-sky-uranium-closes-2nd-tranche-of-non-brokered-private-placement\/"},"modified":"2025-06-25T17:54:38","modified_gmt":"2025-06-25T17:54:38","slug":"blue-sky-uranium-closes-2nd-tranche-of-non-brokered-private-placement","status":"publish","type":"post","link":"https:\/\/investingsstrategist.com\/index.php\/2025\/06\/25\/blue-sky-uranium-closes-2nd-tranche-of-non-brokered-private-placement\/","title":{"rendered":"Blue Sky Uranium Closes 2nd Tranche of Non-Brokered Private Placement"},"content":{"rendered":"<\/p>\n

Blue Sky Uranium Corp. <\/strong> (TSXV: BSK) (FSE: MAL2) (OTC: BKUCF), (\u2018Blue Sky\u2019 <\/strong>or the \u2018Company\u2019)<\/strong> announces that it has closed a second tranche of the private placement through the issuance of 6,828,300 units of the Company (each, a \u2018Unit<\/strong>\u2018) at a price of $0.06 per Unit for aggregate gross proceeds of $409,698 (the \u2018Offering<\/strong>\u2018). To date the Company has issued 27,361,633 Units for aggregate gross proceeds of $1,641,698.<\/p>\n

Each Unit consists of one common share and one transferrable common share purchase warrant (a \u2018Warrant<\/strong>\u2018). Each Warrant will entitle the holder thereof to purchase one additional common share in the capital of the Company at $0.075<\/span> per share for three (3) years from the date of issue, expiring June 26, 2028<\/span>.<\/p>\n

The Company intends to use the proceeds of the Offering for general working capital.<\/p>\n

Finder\u2019s fees of $4,108.86 are payable in cash on a portion of the private placement to parties at arm\u2019s length to the Company. In addition, 68,481 non-transferable finder\u2019s warrants are being issued (the \u2018Finder\u2019s<\/strong>Warrants<\/strong>\u2018). Each Finder\u2019s Warrant entitles a finder to purchase one common share at a price of $0.06 per share for three (3) years from the date of issue, expiring on June 26, 2028.<\/p>\n

Certain insiders of the Company participated in the Private Placement for $96,000 in Units. Such participation represents a related-party transaction under Multilateral Instrument 61-101 \u2013 Protection of Minority Security Holders in Special Transactions (\u2018MI 61-101<\/strong>\u2018), 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\u2019s market capitalization.<\/p>\n

This Offering is subject to regulatory approval and all securities to be issued pursuant to the Offering in this second tranche are subject to a four-month hold period under applicable Canadian securities laws expiring on October 26, 2025. The proceeds of the Offering will be used for general working capital. <\/p>\n

The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the \u20181933 Act<\/strong>\u2018) 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.<\/p>\n

About Blue Sky Uranium Corp.<\/strong><\/p>\n

Blue Sky Uranium Corp. is a leader in uranium discovery in Argentina. The Company\u2019s objective is to deliver exceptional returns to shareholders by rapidly advancing a portfolio of 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\u2019s 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\u2019s recently optioned Corcovo project has potential to host an in-situ recovery (\u2018ISR<\/strong>\u2018) uranium deposit. The Company is a member of the Grosso Group, a resource management group that has pioneered exploration in Argentina since 1993.<\/p>\n

ON BEHALF OF THE BOARD<\/p>\n

\u2018Nikolaos Cacos\u2019
______________________________________
Nikolaos Cacos, President, CEO and Director<\/p>\n

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.<\/em><\/p>\n

Source<\/p>\n

Click here to connect with Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) (OTC: BKUCF) to receive an Investor Presentation<\/p>\n<\/p>\n

This post appeared first on investingnews.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) (OTC: BKUCF), (\u2018Blue Sky\u2019 or the \u2018Company\u2019) announces that it has closed a second tranche of the private placement through the issuance of 6,828,300 units of the Company (each, a \u2018Unit\u2018) at a price of $0.06 per Unit for aggregate gross proceeds of $409,698 (the \u2018Offering\u2018). To […]<\/p>\n","protected":false},"author":0,"featured_media":15078,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-15077","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/posts\/15077","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/comments?post=15077"}],"version-history":[{"count":0,"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/posts\/15077\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/media\/15078"}],"wp:attachment":[{"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/media?parent=15077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/categories?post=15077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/tags?post=15077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}