Blue Sky Uranium Oversubscribed - Company Closes Non-Brokered Private Placement
2018年3月1日 - 11:25PM
Blue Sky Uranium Corp. (TSXV:BSK) (FSE:MAL2)
(OTC:BKUCF),
("Blue Sky" or the "Company") is
pleased to announce completion of the non-brokered private
placement financing of 7,258,500 units (‘Units”) for gross proceeds
of $1,451,700 as announced on February 20, 2018.
Each unit will consist of one common share and
one transferrable common share purchase warrant. Each warrant will
entitle the holder thereof to purchase one additional common share
in the capital of the Company at $0.35 per share for two years from
the date of issue, expiring on February 28, 2020. If the volume
weighted average price for the Company's shares is $0.75 or greater
for a period of 5 consecutive trading days, then the Company may
deliver a notice (the "Notice") to the warrantholder that the
Warrants must be exercised within twenty (20) days from the date of
delivery of such Notice, otherwise the Warrants will expire at 4:30
p.m. (Vancouver time) on the twenty-first (21st) day after the date
of delivery of the Notice. The accelerated exercise shall not apply
until the expiration of the four-month hold period required under
Exchange policies and rules, and securities laws that are
applicable to the Company, being June 28, 2018.
Finder’s fees of $14,525 are payable in cash on
a portion of the private placement to parties at arm’s length to
the Company. In addition, 72,625 non-transferable finder’s
warrants are issuable (the “Finder’s Warrants”). Each Finder’s
Warrant entitling a finder to purchase one common share at a price
of $0.35 per share for two years from the date of issue, expiring
on February 28, 2020. The Finder’s Warrants are also subject
to the above accelerated exercise provisions.
The proceeds of the financing will be used for
exploration programs on the Company’s projects in Argentina and for
general working capital.
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 expiring on June 28, 2018.
About the Amarillo Grande
ProjectThis new 140-kilometre-long uranium district was
first identified, staked and underwent preliminary exploration by
Blue Sky from 2007 to 2012 as part of the Grosso Group’s strategy
of adding alternative energy focus to its successful portfolio of
metals exploration companies. The proximity of several major
targets suggests that if resources are delineated a central
processing facility could be utilized. The area is flat-lying,
semi-arid and accessible year-round, with nearby rail, power and
port access.
Mineralization identified to date at Amarillo
Grande has characteristics of sandstone-type and surficial-type
uranium-vanadium deposits. The sandstone-type deposit is related to
a braided fluvial system comprising a potentially district-size
“roll front” system where uranium minerals occur in porous
poorly-consolidated sandstones and conglomerates. In surficial-type
uranium deposits, carnotite mineralization coats loosely
consolidated pebbles of sandstone and conglomerates. Carnotite is
amenable to leaching, and preliminary metallurgical work indicates
that the mineralized material can be upgraded using a very
simple wet screening method. The near-surface mineralization,
ability to locally upgrade, amenability to leaching and central
processing possibility suggest a potentially low-cost development
scenario for a future deposit.
For additional details on the project and
properties, please see the Company’s
website: www.blueskyuranium.com
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.
Blue Sky holds has the exclusive right to over 434,000 hectares
(equiv. to 1,072,437 acres) of property 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
For further information please contact:
Corporate Communications Tel: 1-604-687-1828 Toll-Free:
1-800-901-0058
Email: info@blueskyuranium.com
Facebook: https://www.facebook.com/Blue-Sky-Uranium-Corp-707824632726892Twitter: https://twitter.com/blueskyuranium1YouTube: https://www.youtube.com/watch?v=8ux-mpiwb40LinkedIn: https://www.linkedin.com/company/11295733/Google+: https://plus.google.com/109353535505284295980RSS: https://www.blueskyuranium.com/feed
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 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 therefore involve inherent risks and
uncertainties. Actual results may differ materially from those
currently anticipated in such statements. Readers are encouraged to
refer to the Company's public disclosure documents for a more
detailed discussion of factors that may impact expected future
results. The Company undertakes no obligation to publicly update or
revise any forward-looking statements. We advise U.S.
investors that the SEC's mining guidelines strictly prohibit
information of this type in documents filed with the SEC. U.S.
investors are cautioned that mineral deposits on adjacent
properties are not indicative of mineral deposits on our
properties.
Blue Sky Uranium (TSXV:BSK)
過去 株価チャート
から 12 2024 まで 1 2025
Blue Sky Uranium (TSXV:BSK)
過去 株価チャート
から 1 2024 まで 1 2025