Bluesky Digital Assets Corp. announced a non-brokered private placement of 14,750,000 units at a price of CAD 0.045 per unit for a gross proceeds of CAD 663,750 on April 6, 2023. Each unit will consist of one common share and one common share purchase warrant.

Each Warrant will entitle the holder thereof to purchase one common share at a price of CAD 0.065 for a period of 24 months following the distribution date. The company may compensate certain eligible finders under the LIFE offering and may pay a cash commission of up to 8% of the proceeds of the LIFE offering and issue warrants equal to 8% of the total units issued under the LIFE offering. The LIFE offering is expected to be completed in multiple closings, with the final closing to occur no later than May 3, 2023.