Blue Sky Uranium Corp. (TSX-V:BSK, OTCQB:BKUCF) told investors it has closed the second and final tranche of the non-brokered private placement financing announced on September 26, 2023, and increased on October 4.
The second tranche consisted of 7,133,333 units at $0.075 each for gross proceeds of $535,000. In total, the company issued 20,466,666 units for total gross proceeds of $1,535,000.
The company said it plans to use the proceeds of the financing for exploration programs on its projects in Argentina and for general working capital.