Blue Sky Uranium (TSE:BSK) has released an update.
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Blue Sky Uranium Corp. has successfully completed an over-subscribed private placement, raising approximately $1.1 million through the sale of units at $0.06 each, which include a common share and a purchase warrant. The funds are earmarked for further exploration of the company’s projects in Argentina and for bolstering working capital. The offering, which included participation from company insiders and is subject to regulatory approval, also involves finder’s fees and warrants.
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