Blue Sky Uranium Oversubscribed - Company Closes Final Tranche of Non-Brokered Private Placement
Terminal City Club Tower, Suite 312 - 837 West Hastings Street TSX Venture Exchange: BSK
Vancouver, BC CANADA V6C 3N6 Frankfurt Stock Exchange: MAL2
Tel: 604-687-1828 • Fax: 604-687-1858 • Toll Free: 1-800-901-0058 OTCQB Venture Market (OTC): BKUCF
www.blueskyuranium.com • [email protected]
NEWS RELEASE – June 14, 2018
Blue Sky Uranium Oversubscribed -
Company Closes Final Tranche of Non-Brokered Private Placement
Vancouver, BC / Globe Newswire / June 14, 2018 / Blue Sky Uranium Corp. (TSX-V: BSK, FSE: MAL2; OTC:
BKUCF), "Blue Sky" or the "Company") is pleased to announce it has closed the final tranche of the non-brokered
private placement financing announced on June 1, 2018 and increased on June 4, 2018 consisting of 1,428,572
units in this tranche for a total of 24,906,588 units at a price of $0.14 per unit for gross proceeds of $3,486,922.
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 $0.30 per
share for two years from the date of issue, expiring on June 11, 2020.
Finder’s fees of $135,760 are payable in cash on a portion of the private placement to parties at arm’s length to the
Company. In addition, 969,711 non-transferable finder’s warrants are being issued (the “Finder’s Warrants”). Each
Finder’s Warrant entitles a finder to purchase one common share at a price of $0.3 0 per share for two years from
the date of issue, expiring on June 11, 2020.
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 October 11, 2018.
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 p ortfolio of surficial uranium deposits into low -cost
producers. Blue Sky 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: [email protected]
News Release June 17, 2018
Blue Sky Uranium Corp. Page 2
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responsibility for the adequacy or accuracy of this release.