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Blue Sky Uranium Closes Financing
(via Thenewswire.ca) Blue Sky Uranium Corp. (TSX-V: BSK, FRA: MAL (WKN: A0MKXP), "Blue Sky...
About this update from Blue Sky Uranium Corp.
[{"type":"text","content":"Blue Sky Uranium Closes Financing(via Thenewswire.ca)\n\n \nBlue Sky Uranium Corp. (TSX-V: BSK, FRA: MAL (WKN: A0MKXP), \"Blue Sky\" or the \"Company\") is pleased to announce that it has closed the non-brokered private placement announced on November 18, 2013, consisting of gross proceeds of $115,000. The Company has issued 2,300,000 units at a price of $0.05 per unit. Each unit consists of one common share and one transferable common share purchase warrant, with each warrant entitling the holder to purchase one additional common share in the capital of the Company at a price of $0.10 per share for two years expiring December 19, 2015.The proceeds from this financing will be used for further exploration and development of the Company's property portfolio in Argentina and for general working capital. All securities issued in the private placement are subject to a four month hold period expiring April 21, 2014.\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.\n\n \n \nThe 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 \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 regard...