Blue Sky Uranium Corp. announced a non-brokered private placement of up to 20,466,667 units of the company at a price of CAD 0.075 per unit for aggregate gross proceeds of CAD 1,535,000.025 on September 26, 2023. Each unit will consist of one common share in the capital of the company and one transferable common share purchase warrant.

Each warrant will entitle the holder thereof to purchase one additional common share at an exercise price of CAD 0.12 per warrant share for a period of three years following the issue date of the unit. Closing of the offering is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, including, but not limited to, the approval of the exchange. Directors, officers and employees of the company may participate in a portion of the offering, and any securities issued to such directors and officers are subject to the exchange's four-month hold period.

A commission may be paid to arm's-length finders on a portion of the offering.