BLUE SKY URANIUM CORP - BKUCF STOCK NEWS

Blue Sky Uranium Corp. (TSXV: BSK, OTC: BKUCF) has appointed PI Financial Corp. as its market maker, as announced on August 29, 2022. This collaboration aims to maintain an orderly market on the TSX Venture Exchange. Blue Sky will compensate PI with a monthly fee of $4,000 for a minimum of three months, and PI will not receive any shares or options as part of this agreement. Blue Sky's strategy focuses on advancing its uranium projects in Argentina, particularly the flagship Amarillo Grande Project, to supply the growing local and international markets.

Blue Sky Uranium Corp. (OTC: BKUCF) has announced its application to the TSX Venture Exchange to extend the term of 24,906,588 outstanding warrants set to expire on June 11, 2022, to June 11, 2023. The exercise price remains at $0.30. These warrants were originally issued in June 2018 under a private placement and have not yet been exercised. The amendment is pending approval from the TSXV. The company focuses on uranium discovery in Argentina and aims to advance its projects into low-cost producers, enhancing shareholder value.

Blue Sky Uranium Corp. (OTC: BKUCF) has applied to the TSX Venture Exchange to extend the expiry dates of unexercised warrants. A total of 4,203,182 warrants, originally set to expire on June 4 and July 11, 2022, will now expire on June 4 and July 11, 2024. The exercise price remains at $0.25 per warrant. Recently, 325,000 warrants have been exercised, with one shareholder responsible for 100,000 of these. The extension requires TSXV approval, and if the share price exceeds $0.50 for five consecutive days, the warrants must be exercised within 20 days.

Blue Sky Uranium Corp. (OTC: BKUCF) announces the resumption of its 4,500 meter exploration drilling program at the Ivana Central target, near its Ivana Deposit in Argentina. Previous drilling in 2020 at Ivana Central revealed anomalous uranium. The new drilling aims to assess the mineralization potential discovered earlier, focusing on a 5 by 9 km area. The company has made progress at the Ivana North target, completing 1,584 meters. CEO Nikolaos Cacos expresses eagerness to advance the project, which holds promise for uranium discovery in the region.

On April 5, 2022, Blue Sky Uranium Corp. (OTC: BKUCF) announced significant assay results from its reverse circulation drilling at the Ivana Deposit in Argentina's Amarillo Grande project. The drilling program revealed several intervals of high-grade uranium and vanadium mineralization, including 5m averaging 1,566ppm U₃O₈ and 243ppm V₂O₅ in hole AGI-568. The results confirm the potential to expand and upgrade the deposit, with a total of 970 samples analyzed from 115 drill holes. The final batch of results is pending from an additional 209 holes.

Blue Sky Uranium Corp. (OTCQB: BKUCF) has completed its drilling program at the Ivana Deposit in Argentina's Amarillo Grande Project. The program, totaling 3,255 meters across 350 holes, aims to expand and upgrade the mineral resource estimate. The company plans further drilling at the Central target, approximately 10 kilometers from Ivana, to identify new resources. Preliminary results from the Ivana North area indicate potential for uranium mineralization. Assay results will be released in the coming weeks, indicating the company's progress toward advancing the project.

Blue Sky Uranium Corp. has applied to the TSX Venture Exchange to extend the expiry of 7,258,500 outstanding warrants from February 28, 2022, to February 28, 2023. These warrants, issued during a private placement in February 2018, have an exercise price of $0.35 and will convert to common shares upon exercise. If the average trading price exceeds $0.75 for five consecutive days, the company may accelerate the exercise period. The extension requires approval from the TSX Venture Exchange.

Blue Sky Uranium Corp. announced results from the first twenty-six holes of its drilling program at the Ivana Deposit in the Amarillo Grande Uranium-Vanadium Project, Argentina. The results include significant findings such as 3m averaging 431ppm U₃O₈ and high vanadium values. Notably, 23 holes reported intervals over 150ppm V₂O₅. The ongoing drilling program aims to expand and upgrade the mineral resource estimate, advancing the project toward prefeasibility studies.

Blue Sky Uranium Corp. (OTC: BKUCF) announced that the Supreme Court of the Province of Rio Negro has dismissed a lawsuit from environmental activists against its Amarillo Grande project. The ruling is final, as no further appeals were filed by the plaintiffs. The company and its Argentine subsidiary, Minera Cielo Azul, are operating with all necessary permits and law compliance. CEO Nikolaos Cacos expressed relief at resolving the matter, allowing the company to refocus on exploration efforts, including drilling and environmental studies.