Leading Independent Proxy Advisory Firm Recommends Blue Sky's Shareholders Vote FOR the Proposed Earn-In Transaction with COAM TSX Venture Exchange (TSX-V): BSK Frankfurt Stock Exchange (FSE): MAL2 OTCQB Venture Market (OTC):
Leading Independent Proxy Advisory Firm Recommends Blue Sky's
Shareholders Vote FOR the Proposed Earn-In Transaction with COAM
TSX Venture Exchange (TSX-V):
BSK
Frankfurt Stock Exchange (FSE):
MAL2
OTCQB Venture Market (OTC):
BKUCF
VANCOUVER, BC
,
Jan. 17, 2025
/CNW/ -
Blue Sky Uranium Corp.
(TSXV: BSK) (FSE: MAL2) (OTC: BKUCF),
("Blue Sky" or the "Company")
is pleased to
announce that Institutional Shareholder Services Inc. ("
ISS
"), a leading independent proxy advisory firm, has recommended that Blue Sky's shareholders
("
Shareholders
") vote FOR the resolution to approve the proposed earn-in transaction (the "
Transaction
") with Abatare Spain, S.L.U. ("
COAM
") at the upcoming
special meeting of Shareholders (the "
Meeting
") to be held on
February 6, 2025
.
The Board of Directors of Blue Sky recommends that Shareholders vote
FOR
the special resolution approving the Transaction.
Nikolaos Cacos, President, CEO and Director of Blue Sky commented:
"
We are pleased to receive a positive recommendation from ISS, which reaffirms our strategic rationale for the Transaction and the resulting benefits to
Shareholders."
YOUR VOTE IS IMPORTANT – PLEASE VOTE TODAY
The proxy voting deadline is
10:00 AM
(Vancouver Time) on
February 4, 2025
.
Meeting Details
The Meeting will be held on
February 6, 2025
at
10:00 AM
(Vancouver Time) at 1133 Melville Street, Suite 3500,
Vancouver, British Columbia
.
For complete details and links to all relevant documents related to the Meeting, please visit
www.blueskyuranium.com/investors/shareholder-documents
.
Shareholder Questions and Voting Assistance
Shareholders who have questions about voting their shares may contact the Company's proxy solicitation agent and shareholder communications advisor, Laurel
Hill Advisory Group:
Toll Free
: 1-877-452-7184 (for Shareholders in
North America
)
International:
+1 416-304-0211 (for Shareholders outside
Canada
and the US)
By Email
:
About Abatare Spain, S.L.U. and ACI Capital S.à r.l,
Abatare Spain, S.L.U., a company constituted in
Spain
and ACI Capital S.à r.l, a company constituted in
Luxembourg
, parent of the group controlling the energy
business, are part of the Corporación América Group ("
Corporación América
").
Abatare Spain S.L.U. has been involved in several projects related to the energy industry.
Corporación América has developed significant projects and invested in
Argentina
for over 60 years. It holds major stakes in the energy, airport, agribusiness,
services, infrastructure, transportation, and technology sectors, with assets and operations in
Argentina
and 10 other countries. Its subsidiary Corporación
América Airports S.A. (NYSE:CAAP) has a current market capitalization of approximately
US$3 billion
.
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 and forward-looking information (collectively, the "
forward-looking statements
") within the
meaning of applicable securities laws. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties.
Any statements that are contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-
looking statements are often identified by terms such as "may", "should", "anticipate", "will", "estimates", "believes", "intends" "expects" and similar expressions
which are intended to identify forward-looking statements. More particularly and without limitation, this press release contains forward-looking statements that,
other than statements of historical fact, address activities, events or developments the Company believes, expects or anticipates will or may occur in the future,
including, without limitation, the strengths, characteristics and potential of the Transaction; production of uranium products and the success of commercial
production at the Ivana property; consummation and timing of the Transaction; the potential of the Amarillo Grande Project; the growth of the Argentine market;
the Company's ability to leverage COAM's expertise and resources to drive towards the successful development and operation of the project; and satisfaction of
the conditions precedents are forward-looking statements. Forward-looking statements are not guarantees of future performance and accordingly undue
reliance should not be put on such statements due to the inherent uncertainty therein.
Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those
discussed in the forward-looking statements and, even if such actual results are realized or substantially realized, there can be no assurance that they will have
the expected consequences to, or effects on, the Company. Factors that could cause actual results or events to differ materially from current expectations
include, among other things: failure to receive TSXV approval; the Meeting date and approval of the Transaction by the Shareholders; failure to satisfy the
condition precedents, the potential that the Transaction could be terminated under certain circumstances; the likelihood that the sale of substantially all of the
Company's assets will be completed within a reasonable time in accordance with the terms of the earn-in agreement entered into pursuant to the Transaction;
the impact of Shareholders asserting dissent rights in connection with the approval of the Transaction; COAM exercising its rights under the earn-in agreement
entered into pursuant to the Transaction; the Company's working relationship with COAM; the impact of global pandemics; risks and uncertainties related to the
ability to obtain, amend, or maintain licenses, permits, or surface rights; risks associated with technical difficulties in connection with mining activities; and the
possibility that future exploration, development or mining results will not be consistent with the Company's expectations. 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 forward-looking statements contained in this press release are made as of the date of this
press release, and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a
result of new information, future events or otherwise, except as expressly required by securities law.
View original content to download multimedia:
https://www.prnewswire.com/news-releases/leading-independent-proxy-advisory-firm-recommends-blue-skys-shareholders-vote-for-the-proposed-earn-in-transaction-with-coam-302354065.html
SOURCE
Blue Sky Uranium Corp.
View original content to download multimedia:
http://www.newswire.ca/en/releases/archive/January2025/17/c2511.html
%SEDAR: 00023601E
For further information:
For further information, please contact: Corporate Communications, Tel: 1-604-687-1828, Toll-Free: 1-800-901-0058, Email:
CO: Blue Sky Uranium Corp.
CNW 07:00e 17-JAN-25