SALVADOR DE BAHIA, BRAZIL (By Pedro Silva, Energy Analytics Institute, 15.Aug.2025, Words: 244) — Blue Sky Uranium Corp. closed the final tranche of the private placement through the issuance of 1,851,000 units of the company at a price of $0.06 per unit for aggregate gross proceeds of $111,060.
In total, Blue Sky has issued 29,212,633 units for aggregate gross proceeds of $1,752,758.
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Blue Sky intends to use the proceeds of the offering for general working capital, the company said on 15 Aug. 2025 in an official statement.
Other details regarding the placement include:
— each unit consists of 1 common share and 1 transferrable common share purchase warrant. Each warrant will entitle the holder thereof to purchase 1 additional common share in the capital of the company at $0.075 per share for 3 years from the date of issue, expiring 16 Aug. 2028 for this final tranche;
— a finder’s fees of $714 is payable in cash on a portion of the offering from this tranche to parties at arm’s length to the company;
— in addition, 11,900 non-transferable finder’s warrants are being issued for this tranche. Each finder’s warrant entitles a finder to purchase 1 common share at a price of $0.06 per share for 3 years from the date of issue, expiring on 16 Aug. 2028;
— in total, Blue Sky paid cash finder’s fees of $4,822.86 and issued 80,381 finder’s warrants for this offering.
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By Pedro Silva reporting from Salvador de Bahia. © 2025 Energy Analytics Institute (EAI). All Rights Reserved.