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Re: News Releases - Thursday, April 08, 2010 Title: Lumina Capital Exercises 5,000,000 Warrants in Blue Sky Uranium Blue Sky Uranium Corp. (TSX-V: BSK, WKN: AOMKXP) is pleased to announce that Lumina Capital Limited Partnership ("Lumina Capital"), an investment partnership held principally by Vancouver mining entrepreneur Ross Beaty, has exercised 5,000,000 warrants thereby increasing its holdings in Blue Sky to 9,545,455 common shares. Lumina Capital now owns 15% of the outstanding shares of Blue Sky Uranium. The proceeds from the warrant exercise ($1,000,000) will be used to explore and develop the Company's uranium property portfolio in Argentina and for general working capital requirements. "We are very pleased to have Lumina Capital significantly increase its shareholdings in Blue Sky and in particular for their continued strong support. With the exercise of the warrants we have increased our treasury allowing us to advance our exploration efforts in Argentina while minimizing dilution to our share capital." said Mr. Sean Hurd, President & C.E.O. As previously announced on March 25, 2010, a Phase 1 drill program is underway on the Company's ANIT uranium project in Rio Negro Province, Argentina. The program consists of approximately 200 drill holes for a total of 5,000 meters of aircore drilling to test 6 km of the known mineralized paleo-channel, defined by pits and trenching, as well as further targets in the 15 km long radiometric U anomaly, and radon gas and new geochemical targets outside the principal airborne anomalies. About Blue Sky Uranium Corp. Blue Sky Uranium Corp. is dedicated to actively exploring the Patagonia region of Argentina. Experienced management and technical members, who foster relationships with a vast amount of international industry contacts, lead the exploration team on the search for quality resource opportunities. Blue Sky is a member of the Grosso Group, a resource management group with over 15 years experience in exploring South America. ON BEHALF OF THE BOARD "Sean Hurd" Mr. Sean Hurd, President & CEO |
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| aus der Diskussion: | Blue Sky Uranium: Fakten und News |
| Autor (Datum des Eintrages): | hoschmi (08.04.10 18:12:57) |
| Beitrag: | 81 von 101 (ID:39296524) |
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