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Blue Sky Uranium Announces C$1.5 Million Non-Brokered Private Placement
VANCOUVER, BC, June 8, 2023 /CNW/ - Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) (OTC: BKUCF), ("Blue Sky" or the "Company") is pleased to announce a non-brok
About this update from Blue Sky Uranium Corp.
[{"type":"text","content":" VANCOUVER, BC, June 8, 2023 /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 20,000,000 units at a price of $0.075 per unit for aggregate gross proceeds of $1,500,000 (the \"Offering\"). Each unit (a \"Unit\") 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 (a \"Warrant Share\") in the capital of the Company at an exercise price of $0.12 per Warrant Share for three (3) years from the date of issue. The Units to be issued under the Offering will be offered to purchasers pursuant to the listed issuer financing exemption (\"LIFE\") under Part 5A of National Instrument 45-106 – Prospectus Exemptions in all the provinces of Canada, except Québec, and in certain other jurisdictions pursuant to applicable securities laws. The LIFE Units will not be subject to resale restrictions pursuant to applicable Canadian securities laws. There is an offering document relating to the Offering that can be accessed under the Company's profile at www.sedar.com and on the Company's website at www.blueskyuranium.com. Prospective investors should read this offering document before making an investment decision. Closing of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including but not limited to, the approval of the TSX Venture Exchange (the \"Exchange\"). Directors, officers and employees of the Company may participate in a portion of the Offering and any securities issued to such directors and officers are subject to the Exchange's four-month hold period. A commission may be paid to arm's length finders on a portion of the Offering. The proceeds of the Offering will be used for exploration programs on the Company's projects in Argentina and for general working capital. The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the \"1933 Act\") 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 193...