By Laura Lutz
Des Moines, March 6 - Blue Sky Uranium Corp. announced plans for a C$2 million private placement of units.
The company plans to sell up to 4,545,454 units of one share and one half-share transferable warrant at C$0.44 per unit. Each whole warrant will be exercisable at C$0.60 for two years.
Canaccord Capital Corp. is the agent.
Proceeds will be used for work programs on the company's properties and for working capital.
Blue Sky is a uranium exploration company based in Vancouver, B.C.
| Issuer: | Blue Sky Uranium Corp.
|
| Issue: | Units of one share and one half-share warrant
|
| Amount: | C$2 million
|
| Units: | 4,545,454
|
| Price: | C$0.44
|
| Warrants: | One half-share warrant per unit
|
| Warrant expiration: | Two years
|
| Warrant strike price: | C$0.60
|
| Agent: | Canaccord Capital Corp.
|
| Pricing date: | March 5
|
| Stock symbol: | TSX Venture: BSK
|
| Stock price: | C$0.60 at close March 5
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
