Blue Sky Announces Mailing and Filing of Circular for Special Meeting of Shareholders to Approve the Earn-In Agreement with COAM

Core Viewpoint - Blue Sky Uranium Corp. is seeking shareholder approval for a special resolution regarding a transaction with Abatare Spain, S.L.U. to acquire an 80% indirect interest in the Ivana Uranium-Vanadium Deposit in Argentina [2][4]. Group 1: Meeting Details - The special meeting for shareholders will take place on February 6, 2025, at 10:00 AM Vancouver Time [1]. - The meeting materials have been filed with securities regulators and are available on the company's website [1]. Group 2: Transaction Overview - The transaction involves an earn-in agreement where COAM can acquire up to an 80% indirect interest in the Ivana Uranium-Vanadium Deposit by funding a total of US$35 million and completing a feasibility study [2][3]. - The transaction resolution requires at least 66 2/3% approval from shareholders [4]. Group 3: Benefits of the Transaction - The partnership with COAM, backed by the Corporación América Group, is expected to leverage their extensive experience in project development in Argentina [6]. - COAM's initial investment of US$35 million will facilitate the advancement of the Ivana Property towards commercial production, with anti-dilution protection for existing shareholders [6]. - The transaction will also provide funding for exploration activities at other properties within the company's portfolio, potentially leading to additional discoveries [6]. Group 4: Company Background - Blue Sky Uranium Corp. is a leader in uranium discovery in Argentina, focusing on advancing its portfolio of uranium deposits into low-cost producers [11]. - The company has exclusive rights to properties in two provinces in Argentina, with its flagship Amarillo Grande Project being a significant discovery [11].