VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 14, 2017) -
NOT FOR DISTRIBUTION IN THE UNITED STATES OR FOR DISSEMINATION TO OR THROUGH US NEWSWIRE
SERVICES
Blue Sky Uranium Corp. (TSX VENTURE:BSK)(FRANKFURT:MAL2)(OTCQB:BKUCF) ("Blue Sky" or the "Company") is
pleased to announce that insiders and warrant holders are exercising an aggregate of 30,275,000 warrants yielding $3,027,500 for
the Company's treasury.
"This additional capital strengthens our balance sheet as we continue our ongoing 3,000 metre drill program. We
appreciate this show of support and confidence from our shareholders and look forward to increasing shareholder value by hitting
our milestones for the year. 2017 will be an exciting year for our shareholders and Company," stated Nikolaos Cacos, Blue
Sky President & CEO.
About Blue Sky Uranium Corp.
Blue Sky Uranium Corp. is a leader in uranium discovery in Argentina. The Company's objective is to deliver
exceptional returns to shareholders by rapidly advancing a portfolio of surficial uranium deposits into low-cost producers. Blue
Sky holds has the exclusive right to over 428,000 hectares of property in two provinces in Argentina. The Company's flagship
Amarillo Grande Project was an in-house discovery of a new district that has the potential to be among the first domestic
suppliers of uranium to the growing Argentine market and to the international market. The Company is a member of the Grosso
Group, a resource management group that has pioneered exploration in Argentina since 1993.
ON BEHALF OF THE BOARD
Nikolaos Cacos, President, CEO and Director
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain forward-looking statements. Forward-looking statements address future events and
conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently
anticipated in such statements. Readers are encouraged to refer to the Company's public disclosure documents for a more detailed
discussion of factors that may impact expected future results. The Company undertakes no obligation to publicly update or revise
any forward-looking statements.
The securities being offered have not been, nor will they be registered under the United States Securities Act
of 1933, as amended, or state securities laws and may not be offered or sold within the United States or to, or for the account
or benefit of, U.S. persons absent U.S. federal and state registration or an applicable exemption from the U.S. registration
requirements. This release does not constitute an offer for sale of securities in the United States.