May 7, 2024
Blue Sky Uranium Corp. (TSXV:BSK, Not Rated, David A. Talbot) announced that it has closed its previously announced private placement for gross proceeds of C$1.1M. It issued 18.3M units at C$0.06/unit. Each unit consists of one common share and one warrant exercisable at C$0.09 for two years. Proceeds are expected to be used for exploration and drilling at its projects in Argentina, where a recent PEA for the Ivana U-V deposit within its 100%-owned Amarillo Grande project outlined a 11-year open pit operation to produce 1.5M lbs U3O8 pa, with an NPV8% of US$227.7M, IRR of 38.9% and payback period of 1.9 years (read note). Read more
Company Specific Disclosure Details
Blue Sky Uranium Corp. – TSXV:BSK – 3
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