TSX Venture Exchange: BSK
Frankfurt Stock Exchange: MAL2
OTCQB Venture Market (OTC): BKUCF
VANCOUVER, BC, May 27, 2022
/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 as follows:
- 24,906,588 that are set to expire on June 11, 2022 (previously extended from 2020) to
be extended to June 11, 2023. These
warrants were originally issued under a private placement completed
by the Company in June 2018. None of
the warrants have been exercised.
The exercise price of the warrants will remain at $0.30. 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 ("TSXV").
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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content:https://www.prnewswire.com/news-releases/blue-sky-uranium-applies-to-extend-warrants-301556471.html
SOURCE Blue Sky Uranium Corp.