LuminaLumina Capital Exercises 5,000,000 Warrants in Blue Sky Uranium
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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.