Blue Sky Uranium Announces Adoption of Advance Notice Policy
Blue Sky Uranium Announces Adoption of Advance
Notice Policy
TSX Venture Exchange: BSK
Frankfurt Stock Exchange: MAL2
OTCQB Venture Market: BKUCF
VANCOUVER
,
Jan. 28, 2020
/CNW/ -
Blue Sky Uranium Corp. (TSX-V: BSK, FSE: MAL2; OTC: BKUCF), ("Blue Sky"
or the "Company")
announces the approval and adoption by its Board of Directors of an advance notice policy (the
"
Policy
"). The purpose of the Policy is to provide shareholders, directors and management of the Company with a clear
framework for nominating directors. The Company is committed to: (i) facilitating an orderly and efficient process for the
election of directors at annual general and special meetings; (ii) ensuring that all shareholders receive adequate notice of
the director nominations and sufficient information regarding all director nominees; and (iii) allowing shareholders to register
an informed vote after having been afforded reasonable time for appropriate deliberation. The Policy is intended to further
these objectives.
The Policy, among other things, includes a provision that requires advance notice to the Company in certain circumstances
where nominations of persons for election to the Board of Directors are made by shareholders of the Company. The Policy
fixes a deadline by which director nominations must be submitted to the Company prior to any annual or special meeting of
shareholders and sets forth the information that must be included in the notice to the Company. No person will be eligible
for election as a director of the Company unless nominated in accordance with the Policy.
In the case of an annual general meeting of shareholders, notice to the Company must be made not less than 30 days and
not more than 65 days prior to the date of the annual general meeting, provided, however, that, in the event that the annual
general meeting is to be held on a date that is less than 50 days after the date on which the first public announcement of
the date of the annual meeting was made, notice may be made not later than the close of business on the 10
th
day
following such public announcement.
In the case of a special meeting of shareholders called for the purpose of electing directors (whether or not called for other
purposes), notice to the Company must be made not later than the close of business on the 15
th
day following the day on
which the first public announcement of the date of the special meeting was made.
The full text of the Policy is available under the Company's profile at
www.sedar.com
.
The Policy is effective as of the date it was approved. Pursuant to the terms of the Policy, the Company will seek
shareholder ratification of the Policy at its next annual general meeting of shareholders in 2020.
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. 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
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.
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SOURCE
Blue Sky Uranium Corp.
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%SEDAR: 00023601E
For further information:
Corporate Communications, Tel: 1-604-687-1828, Toll-Free: 1-800-901-0058, Email:
CO: Blue Sky Uranium Corp.
CNW 13:25e 28-JAN-20