Blue Sky Uranium Corp. (TSXV: BSK) has closed the third and final tranche of the non-brokered private placement financing announced on May 24, 2022 and increased on June 8, 2022, for gross proceeds of $339,150. In total the company raised gross proceeds of $2,100,000.
“We are very pleased to close this expanded financing. Of particular note, the participation of a significant number of institutional investors in the private placement is testament to the quality and potential of the Amarillo Grande Uranium/Vanadium Project,” President and CEO, Nikolaos Cacos, said.
The proceeds of the financing will be used for exploration programmes 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 this tranche of the financing are subject to a four-month hold period expiring on October 22, 2022.
About Blue Sky Uranium Corp.
Blue Sky Uranium Corp. is a leader in uranium discovery in Argentina. Blue Sky has the exclusive right to properties 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.
For further information please visit: https://blueskyuranium.com/