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Blue Sky Provides Additional Disclosure on the Proposed Asset Acquisition from A Related Party and Updates the Upcoming Shareholder Meeting
(TheNewswire) Calgary, Alberta, August 21, 2025 – TheNewswire - Blue Sky Glo...
About this update from Saba Energy Ltd.
[{"type":"text","content":"Blue Sky Provides Additional Disclosure on the Proposed Asset Acquisition from A Related Party and Updates the Upcoming Shareholder Meeting \n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n Calgary, Alberta, August 21, 2025 –\n \n\n TheNewswire -\n \n\n Blue Sky Global Energy Corp.\n \n\n (“\n \n\n BGE\n \n\n ”\n \n\n or\n \n\n the\n \n\n “\n \n\n Company\n \n\n ”)\n \n\n (\n \n\n TSXV:\n \n\n BGE\n \n\n ) would like\n \n\n to provide certain additional and corrective\ndisclosures to the Management Information Circular (“\n \n\n Circular\n \n\n ”) dated\nJuly 22, 2025 for the annual general and special meeting (the\n“\n \n\n Meeting\n \n\n ”) of shareholders of the Company to be held on August 22,\n2025 regarding, among other things, the proposed acquisition of\ncertain British Columbia and Alberta oil and gas assets by the Company\nfrom Blue Sky Resources Ltd. (“\n \n\n BSR\n \n\n ”), as a non-arm’s length party to BSG\n(the “\n \n\n Acquisition\n \n\n ”). The details of the\nAcquisition were previously announced by the Company in press releases\non July 2, 2025, June 18, 2025 and May 9, 2025 (as corrected in a\npress release on May 12, 2025).\n \n\n\n\n Shareholder Meeting Update\n \n\n\n\n The Company intends to initiate and hold the\nshareholders Meeting on August 22, 2025 at 10:30 a.m. (Calgary Time)\nat the same location as disclosed in the Circular, but\n \n\n no business will be conducted\n \n\n at that\ntime and the board of directors of the Company (the “\n \n\n Board of Directors\n \n\n ”\nor “\n \n\n Board\n \n\n ”) will then immediately proceed to adjourn the Meeting\nuntil August 29, 2025 at 10:30 a.m. (Calgary Time) (the\n“\n \n\n Adjourned\nMeeting\n \n\n ”), which such Adjourned Meeting will\nbe held at the same location. The intent of adjourning the Meeting is\nso that shareholders of the Company (“\n \n\n Shareholders\n \n\n ”)\nwishing to vote at the Adjourned Meeting can have sufficient time to\nreview the additional and corrective disclosures below and make an\ninformed decision on the meeting matters proposed to be voted on and\ncontemplated in the Circular.\n \n\n\n\n The common shares (“\n \n\n Common Shares\n \n\n ”) of\nthe Company hav...