TSX Venture
Exchange: BSK
Frankfurt Stock Exchange: MAL2
OTCQB Venture Market (OTC): BKUCF
VANCOUVER, BC, Dec. 1, 2023
/CNW/ - Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) (OTC:
BKUCF), ("Blue Sky" or the "Company") announces
that it has made an application to the TSX Venture Exchange to
extend the term of the outstanding warrants (the "Warrants")
as follows:
- 38,590,654 unexercised Warrants (42,000,077 originally granted)
that are set to expire on January 11
and January 26, 2024 to be extended
to January 11 and January 26, 2026 respectively. These Warrants
were originally issued under a private placement completed by the
Company in 2 Tranches in January
2021.
None of the Warrants have been exercised within the past 6
months, however, 2,120,923 of the originally granted Warrants were
exercised in September 2021, 500,000
were exercised in October 2021,
750,000 were exercised in November
2021 and 38,500 were exercised in April 2022.
The exercise price of the Warrants will remain at $0.25. Each Warrant, when exercised, will be
exchangeable for one common share of the Company.
The amendment is subject to the approval of the TSX Venture
Exchange.
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.
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SOURCE Blue Sky Uranium Corp.
