Blue Sky Uranium Announces Corporate Update
Blue Sky Uranium Announces Corporate
Update
TSX Venture Exchange: BSK
Frankfurt Stock Exchange: MAL2
OTCQB Venture Market (OTC): BKUCF
VANCOUVER, BC
,
Sept. 16, 2021
/CNW/ -
Blue Sky Uranium Corp.
(TSXV: BSK) (FSE: MAL2)
(OTC: BKUCF)
, ("Blue Sky" or the "Company")
announces the Company's wholly-owned
Argentine subsidiary,
Minera Cielo Azul S.A.
("MCA"), has received notice that it has been named in
a lawsuit by anti-mining, environmental activists in
Argentina
who are asserting environmental
protection rights, among other arguments ("Amparo" in Spanish) against the Amarillo Grande
project, comprised of Ivana, Anit and Santa Barbara Projects (the "Project"). The lawsuit was
introduced before the Supreme Court of the Province of
Rio Negro
,
Argentina
.
The defendants in this
"Amparo" action are MCA and the Government of
Rio Negro
.
A preliminary request by the plaintiffs to have exploration activities on the Project suspended until the
"Amparo" final decision was denied by the Judge hearing the case. The Company is conducting
further investigations, but based on information received to date, believes that the lawsuit is entirely
without merit. The Company and MCA have obtained the relevant permits for all of its exploration
activities to date and operated in full compliance with applicable laws and regulations and intend to
vigorously defend the claim in Court. The Government of
Rio Negro
is also defending the claim. The
Company will provide additional information as it becomes available.
Further, this action does not impede the Company's ability to continue with its exploration operations
in a business as normal mode. Blue Sky intends to continue with its drilling plans, surface exploration
initiatives, advanced metallurgical studies, and environmental baseline studies as previously
announced.
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.
The securities being offered have not been, nor will they be registered under the United States
Securities Act of 1933, as amended, or state securities laws and may not be offered or sold within
the United States
or to, or for the account or benefit of, U.S. persons absent U.S. federal and state
registration or an applicable exemption from the U.S. registration requirements. This release does
not constitute an offer for sale of securities in
the United States
.
SOURCE
Blue Sky Uranium Corp.
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For further information:
Corporate Communications, Tel: 1-604-687-1828, Toll-Free: 1-800-901-
0058, Email: [email protected]
CO: Blue Sky Uranium Corp.
CNW 19:06e 16-SEP-21