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/NOT FOR DISTRIBUTION TO THE UNITED STATES/
VANCOUVER, BC, Dec. 1, 2022 /CNW/ - Blue Sky Uranium Corp. (TSXV: BSK ) (FSE: MAL2) (OTC: BKUCF) ("Blue Sky" or the "Company") announces that due to high investor demand, the Company has increased the private placement amount announced on November 21, 2022, from $1,000,000 to $1,800,000 consisting of 18 million units (the "Units") at $0.10 per Unit. Each Unit will consist of one common 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. 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 under applicable Canadian securities laws. Directors, officers and employees of the Company may participate in a portion of the financing. A commission may be paid on a portion of the financing. The proceeds of the financing will be used for exploration programs on the Company's projects in Argentina and 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. 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 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. SOURCE Blue Sky Uranium Corp.
For further information: Corporate Communications, Tel: 1-604-687-1828, Toll-Free: 1-800-901-0058, Email: [email protected]
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Blue Sky Uranium Increases Non-Brokered Private Placement

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/NOT FOR DISTRIBUTION TO THE UNITED STATES/
VANCOUVER, BC, Nov. 21, 2022 /CNW/ - Blue Sky Uranium Corp. (TSXV: BSK ) (FSE: MAL2) (OTC: BKUCF) ("Blue Sky" or the "Company") is pleased to announce a non-brokered private placement financing of up to 10,000,000 units at a price of $0.10 per unit for gross proceeds of $1,000,000. "As more permits to conduct exploration work are being granted for the undrilled Cateo Cuatro and Ivana East targets, we want to be sufficiently funded to continue our exploration program in the Ivana area of the Amarillo Grande Project. These targets represent some of the most prospective areas for discovering additional uranium resources to add to our already significant Ivana deposit," stated Nikolaos Cacos, President & C.E.O. Each unit (the "Units") will consist 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. 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 under applicable Canadian securities laws. Directors, officers and employees of the Company may participate in a portion of the financing. A commission may be paid on a portion of the financing. The proceeds of the financing will be used for exploration programs on the Company's projects in Argentina and 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.
For further information: Corporate Communications, Tel: 1-604-687-1828, Toll-Free: 1-800-901-0058, Email: [email protected]
×

07:00 ET
Blue Sky Uranium Announces Non-Brokered Private Placement

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/NOT FOR DISTRIBUTION TO THE UNITED STATES/
VANCOUVER, BC, Nov. 21, 2022 /CNW/ - Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) (OTC: BKUCF) ("Blue Sky" or the "Company") is pleased to announce a non-brokered private placement financing of up to 10,000,000 units at a price of $0.10 per unit for gross proceeds of $1,000,000. "As more permits to conduct exploration work are being granted for the undrilled Cateo Cuatro and Ivana East targets, we want to be sufficiently funded to continue our exploration program in the Ivana area of the Amarillo Grande Project. These targets represent some of the most prospective areas for discovering additional uranium resources to add to our already significant Ivana deposit," stated Nikolaos Cacos, President & C.E.O. AD
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Each unit (the "Units") will consist 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. 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 under applicable Canadian securities laws. Directors, officers and employees of the Company may participate in a portion of the financing. A commission may be paid on a portion of the financing. The proceeds of the financing will be used for exploration programs on the Company's projects in Argentina and 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. AD

Blue Sky Uranium Announces Non-Brokered Private Placement

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This article continues our series of content on Blue Sky laws . With subtle but important differences in each state, and sharply divided opinions on interpretation, the nuances of blue sky laws are as varied and unique as geographic terrain itself. Today we’re visiting the desert and exploring Arizona’s approach to this important area of public finance law. Our previous content addresses the finer points of exclusion from the use of the municipal issuer exemption. Some states exclude from the municipal exemption the registration of municipal securities that are paid from a non-governmental industrial or commercial enterprise, unless the payments and insured are guaranteed by a person whose securities are exempt from registration under certain other enumerated sections of the law. Arizona Revised Statutes provide a general exemption from registration for municipal bonds, but excludes from the exemption certain bonds issued by Arizona issuers (“Arizona Issuer Bonds”), including:
“Industrial development bonds” (as defined in the 1954 Code), other than such bonds issued to provide residential real property for family units, airports, docks, wharves, mass commuting facilities, parking facilities, sewage or solid waste disposal facilities, air or water pollution control facilities or facilities for the furnishing of water. Certain bond anticipation notes and improvement district bonds. Securities of public subdivisions used to provide monies to finance the acquiring, constructing, improving, equipping or furnishing of medical office buildings, sanitariums, clinics, medical hotels, mortuaries, cemeteries, mausoleums, rest homes, nursing homes, skilled nursing facilities or other similar facilities for use by corporations or entities other than municipal which bonds or notes are not fully secured by an entity owning or operating, repurchasing or leasing a hospital from a political subdivision. Arizona Issuer Bonds for the purposes above are not subject to registration if a notice of the proposed offering, a trust indenture, a $200 filing fee and an offering document containing the extensive disclosures are filed with the state securities commission and the exemption from registration is not denied within 20 days of receipt by the state securities commission. These bonds, plus bonds secured only by special assessments, when issued by someone outside Arizona, provided they qualify under the Securities Act of 1933, are subject to a notice filing requirement and a $200 filing fee. As we’ve seen in this and previous posts, Blue Sky laws do not have the clarity their name implies. Navigating this area in any state is easier with an experienced counselor.

Blue Sky Over the Grand Canyon: Interpreting Regulation of Bonds in Arizona

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