Business
Blue Sky Enters Into Loan Agreement
(via Thenewswire.ca) Vancouver, BC / TNW-ACCESSWIRE / August 11 2014 / Blue Sky Uraniu...

About this update from Blue Sky Uranium Corp.
[{"type":"text","content":"Blue Sky Enters Into Loan Agreement(via Thenewswire.ca)\n\n \n\nVancouver, BC / TNW-ACCESSWIRE / August 11 2014 / Blue Sky Uranium Corp. (TSX-V: BSK, FRA: MAL (WKN: A0MKXP), \"Blue Sky\" or the \"Company\") announces that it has received a loan advance of $140,000 from an arm's length private B.C. company. The loan is unsecured, is payable on demand and bears interest at 12%. The Company and the lender are negotiating other conditions of the loan with regard to bonus shares and once these terms are finalized further news will be forthcoming. The Company will pay all costs of the lender related to this loan advance. The funds were required for working capital purposes and have been utilized as such.\n\n \n \nAbout Blue Sky Uranium Corp.\n\n \n \nBlue Sky is one of Argentina's best positioned uranium exploration companies with more than 5,000 km2 of tenements. The Company's mission is to acquire, explore and advance a portfolio of uranium projects with an emphasis on surficial deposits, in Argentina and other jurisdictions. The Company is a member of the Grosso Group, a resource management group with experience in South America since 1993. As a member company of the Grosso Group, Blue Sky benefits from the signing of an agreement in principle for a strategic alliance with the Government of the Rio Negro province, Argentina, for the purpose of jointly exploring the potential for commercial mining activity. Argentina has an advanced nuclear industry, centered in the Rio Negro Province.\n\n \n \nON BEHALF OF THE BOARD\n\n \n \n\"Sean Hurd\" \n\n\n \n______________________________________\n\n\n \nMr. Sean Hurd, President and CEO\n\n \n \nFor further information please contact: \n\n\n \nCorporate Communications\nTel: 1-604-687-1828 \nToll-Free: 1-800-901-0058\n\n\n \nEmail: [email protected]\n\n \n \nNeither 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. \n\n \n \nThis news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and theref...