Blue Sky Uranium Corp. (TSXV: BSK) has closed the oversubscribed second and final tranche of the non-brokered private placement financing announced on November 21, 2022 and increased on December 1, 2022. In total the company obtained total gross proceeds of $1,816,100 over the two tranches.
“The closing of this expanded financing ensures the exploration program at Amarillo Grande Uranium/Vanadium Project continues uninterrupted,” President and CEO, Nikolaos Cacos, said.
“We have an opportunity to discover multiple deposits over this vast 145km long project area and to define a globally significant uranium district.”
The proceeds of the financing will be used for exploration programmes on the company’s projects in Argentina and for general working capital.
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, while respecting the environment, the communities, and the cultures in all the areas in which we work. 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.
For further information please visit: https://blueskyuranium.com/
