BLUE SKY URANIUM CORP - BKUCF STOCK NEWS

Blue Sky Uranium Corp. (OTC: BKUCF) announces progress on its 3,500 metre reverse circulation drilling program at the Ivana deposit, with 50 holes and 293 metres completed. Permits for drilling at the Ivana Central target have been secured. Initial results indicate promising signs of mineralization, particularly in the Ivana North area, where 30% of drilled holes returned low-grade uranium intercepts. The exploration aims to further assess the potential of these targets, which could contribute to a multi-deposit uranium district.

Blue Sky Uranium Corp. (OTC: BKUCF) announced an Incentive Program to encourage the exercise of warrants from a previous private placement. The program applies to warrants issued on October 23, 2019, which expire on October 23, 2021. The Incentive Program, pending TSX Venture Exchange approval, offers an additional Incentive Warrant for every Placement Warrant exercised, allowing warrant holders to acquire shares at $0.35 for three years. Proceeds will fund working capital and exploration in Argentina.

Blue Sky Uranium Corp. (OTCQB: BKUCF) announced the issuance of 1,666,714 common shares at a price of $0.2063 per share, totaling $343,843.20 to settle drilling services. This issuance is a follow-up to a news release dated September 29, 2021, and the shares are subject to a four-month hold period expiring on February 2, 2022. The company is focused on advancing uranium discoveries in Argentina, aiming to deliver exceptional returns to shareholders.

Blue Sky Uranium Corp. has entered into an agreement with AGV Falcon Drilling S.R.L. for the issuance of common shares in exchange for drilling services at the Ivana Central and Norte Projects in Argentina. The total potential payment could reach US$590,265, settled by issuing up to 6,356,700 shares in three tranches. An initial invoice of US$343,843.20 has been received, with a proposal to issue 1,666,714 shares at a deemed price of $0.2063 per share. The issuance is subject to exchange acceptance, with a right of first refusal on shares until January 20, 2024.

Blue Sky Uranium Corp. (OTC: BKUCF) has applied to the TSX Venture Exchange to extend the expiration date of 5,793,333 outstanding warrants from October 23, 2021, to October 23, 2024. The exercise price will remain at $0.25 per warrant, allowing for the conversion into common shares. The extension is pending approval from the TSXV. Blue Sky Uranium is focused on uranium discovery in Argentina, aiming to advance its portfolio of uranium deposits while being environmentally and socially responsible.

Blue Sky Uranium Corp. (OTCQB: BKUCF) is launching a 3,500 metre reverse circulation drilling program to enhance the Ivana Deposit at its Amarillo Grande Uranium-Vanadium Project in Argentina. This initiative follows a 4,500 metre regional exploration campaign currently underway. The new drilling will focus on expanding the deposit's boundaries and improving resource estimates. Past sampling indicated promising results, with uranium and vanadium concentrations suggesting significant mineralization potential.

Blue Sky Uranium Corp. (OTC: BKUCF) held its Annual General & Special Meeting on June 28, 2021, where 74,104,332 shares, representing 45.73% of outstanding shares, were cast in favor of the management's nominees for director. All resolutions proposed were supported by shareholders, leading to the re-election of directors Joseph Grosso, David Terry, and Nikolaos Cacos. The company, a leader in uranium discovery in Argentina, aims to advance uranium deposits efficiently while considering environmental and community impacts.

Blue Sky Uranium Corp. has successfully completed the first tranche of its 4,500-meter drilling program at the Amarillo Grande Uranium-Vanadium Project in Argentina. This phase targeted the Ivana North area, involving 1,591 meters across 40 holes. Previous sampling indicated notable uranium concentrations, with results from this drilling to be analyzed. The company expressed optimism regarding the expansion potential of the project while navigating technical and pandemic-related challenges. Upcoming drilling will focus on further evaluating both Ivana North and Ivana Central targets.

Blue Sky Uranium Corp. (OTC: BKUCF) announced a live webinar on June 2, 2021, at 2 PM EST / 11 AM PST. President Nikolaos Cacos and VP Guillermo Pensado will discuss the company's current operations and upcoming milestones. Blue Sky, a leader in uranium discovery in Argentina, aims to advance its surficial uranium deposits, focusing on sustainability and community respect. The flagship Amarillo Grande Project positions the company to become a major supplier in both the domestic and international markets. Registration for the event is available online.