Blue Sky's Shareholders Approve the Proposed Earn-In Transaction with COAM
Blue Sky Uranium (TSXV: BSK, OTC: BKUCF) announced that shareholders have approved the proposed earn-in transaction with Abatare Spain, S.L.U. (COAM) at a Special Meeting held on February 6, 2025. The resolution received overwhelming support with 99.41% of votes in favor, representing 99,339,958 shares, while only 0.59% voted against.
The meeting had a 33.4% turnout, with 99,929,367 common shares represented. The company has already received conditional approval from the TSX Venture Exchange for the transaction, which is expected to close during the first quarter of 2025, subject to customary closing conditions.
Blue Sky Uranium (TSXV: BSK, OTC: BKUCF) ha annunciato che gli azionisti hanno approvato la proposta di transazione di earn-in con Abatare Spain, S.L.U. (COAM) durante una Riunione Straordinaria tenutasi il 6 febbraio 2025. La risoluzione ha ricevuto un supporto schiacciante con il 99,41% dei voti favorevoli, corrispondenti a 99.339.958 azioni, mentre solo lo 0,59% ha votato contro.
La riunione ha registrato una partecipazione del 33,4%, con 99.929.367 azioni ordinarie rappresentate. La società ha già ricevuto l'approvazione condizionata dalla TSX Venture Exchange per la transazione, che dovrebbe chiudersi nel primo trimestre del 2025, soggetta alle consuete condizioni di chiusura.
Blue Sky Uranium (TSXV: BSK, OTC: BKUCF) anunció que los accionistas han aprobado la transacción de earn-in propuesta con Abatare Spain, S.L.U. (COAM) en una Junta Especial celebrada el 6 de febrero de 2025. La resolución recibió un apoyo abrumador con el 99,41% de los votos a favor, representando 99.339.958 acciones, mientras que solo el 0,59% votó en contra.
La reunión tuvo una participación del 33,4%, representando 99.929.367 acciones comunes. La compañía ya ha recibido la aprobación condicional de la TSX Venture Exchange para la transacción, que se espera cierre durante el primer trimestre de 2025, sujeta a las condiciones habituales de cierre.
Blue Sky Uranium (TSXV: BSK, OTC: BKUCF)는 주주들이 2025년 2월 6일 특별 회의에서 Abatare Spain, S.L.U. (COAM)와의 제안된 수익형 거래를 승인했다고 발표했습니다. 이 결의안은 99.41%의 찬성을 얻어 압도적인 지지를 받았으며, 이는 99,339,958주에 해당하고, 단 0.59%만 반대했습니다.
회의의 참석률은 33.4%였으며, 99,929,367주의 보통주가 대표되었습니다. 이 회사는 이미 TSX Venture Exchange로부터 거래에 대한 조건부 승인을 받았으며, 거래는 2025년 첫 분기에 완료될 것으로 예상되며, 일반적인 종료 조건을 충족해야 합니다.
Blue Sky Uranium (TSXV: BSK, OTC: BKUCF) a annoncé que les actionnaires ont approuvé la transaction de earn-in proposée avec Abatare Spain, S.L.U. (COAM) lors d'une Assemblée Spéciale tenue le 6 février 2025. La résolution a reçu un soutien écrasant avec 99,41% des votes en faveur, représentant 99.339.958 actions, tandis que seulement 0,59% a voté contre.
La réunion a eu un taux de participation de 33,4%, avec 99.929.367 actions ordinaires représentées. La société a déjà reçu l'approbation conditionnelle de la TSX Venture Exchange pour la transaction, qui devrait se clôturer au cours du premier trimestre de 2025, sous réserve des conditions de clôture habituelles.
Blue Sky Uranium (TSXV: BSK, OTC: BKUCF) gab bekannt, dass die Aktionäre die vorgeschlagene Earn-In-Transaktion mit Abatare Spain, S.L.U. (COAM) bei einer Sonderversammlung am 6. Februar 2025 genehmigt haben. Der Beschluss erhielt überwältigende Unterstützung mit 99,41% der Stimmen für, was 99.339.958 Aktien entspricht, während nur 0,59% dagegen stimmten.
Die Teilnahmequote der Sitzung lag bei 33,4%, wobei insgesamt 99.929.367 Stammaktien vertreten waren. Das Unternehmen hat bereits eine bedingte Genehmigung von der TSX Venture Exchange für die Transaktion erhalten, die voraussichtlich im ersten Quartal 2025 abgeschlossen wird, vorbehaltlich der üblichen Abschlussbedingungen.
- 99.41% shareholder approval for the COAM earn-in transaction
- Received conditional TSX Venture Exchange approval
- Transaction expected to close in Q1 2025
- Only 33.4% shareholder participation in the voting process
TSX Venture Exchange (TSX-V): BSK
Frankfurt Stock Exchange (FSE): MAL2
OTCQB Venture Market (OTC): BKUCF
A total of 99,929,367 of the common shares of the Company ("Shares") were represented at the Meeting, representing
The sole matter brought forth at the Meeting was approved, being the resolution (the "Transaction Resolution") to approve the proposed earn-in transaction (the "Transaction") with Abatare Spain, S.L.U. ("COAM"). The detailed results of the vote on the Transaction Resolution are set out below.
Votes For: | Percentage (%): | Votes Against: | Percentage (%): |
99,339,958 | 99.41 | 589,409 | 0.59 |
Additional information regarding the terms of the Transaction is set out in the management information circular of the Company dated December 20, 2024, which is available under the Company's SEDAR+ profile at www.sedarplus.ca. The initial closing of the Transaction is expected to occur during the first quarter of 2025 and is subject to customary closing conditions, including the approval of the TSX Venture Exchange.
The Company is pleased to announce that it has received conditional approval from the TSX Venture Exchange for the Transaction.
About Abatare Spain, S.L.U. and ACI Capital S.à r.l,
Abatare Spain, S.L.U., a company constituted in
Abatare Spain S.L.U. has been involved in several projects related to the energy industry.
Corporación América has developed significant projects and invested in
About Blue Sky Uranium Corp.
Blue Sky Uranium Corp. is a leader in uranium discovery in
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 and forward-looking information (collectively, the "forward-looking statements") within the meaning of applicable securities laws. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Any statements that are contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "will", "estimates", "believes", "intends" "expects" and similar expressions which are intended to identify forward-looking statements. More particularly and without limitation, this press release contains forward-looking statements that, other than statements of historical fact, address activities, events or developments the Company believes, expects or anticipates will or may occur in the future, including, without limitation, the strengths, characteristics and potential of the Transaction; the initial closing of the Transaction and the expected timing thereof; the TSX Venture Exchange's approval of the Transaction; the production of uranium products and the success of commercial production at the Ivana property; the potential of the Amarillo Grande Project; the growth of the Argentine market; the Company's ability to leverage COAM's expertise and resources to drive towards the successful development and operation of the project; and satisfaction of the conditions precedents are forward-looking statements. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.
Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements and, even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things: failure to receive TSXV approval; failure to satisfy the condition precedents, the potential that the Transaction could be terminated under certain circumstances; the likelihood that the sale of substantially all of the Company's assets will be completed within a reasonable time in accordance with the terms of the earn-in agreement entered into pursuant to the Transaction; COAM exercising its rights under the earn-in agreement entered into pursuant to the Transaction; the Company's working relationship with COAM; the impact of global pandemics; risks and uncertainties related to the ability to obtain, amend, or maintain licenses, permits, or surface rights; risks associated with technical difficulties in connection with mining activities; and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations. 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 forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by securities law.
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SOURCE Blue Sky Uranium Corp.
FAQ
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