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 10th 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 15th 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.