Core Viewpoint - Bluesky Digital Assets Corp. has signed a non-binding letter of intent with ChessGold Inc. to explore the acquisition of 100% of ChessGold's equity and business assets, initiating a 120-day exclusive due diligence period [1][2]. Group 1: Transaction Details - The letter of intent grants Bluesky a 120-day exclusive due diligence period to assess ChessGold's business and assets [2]. - Upon successful completion of the due diligence, Bluesky will have the opportunity to negotiate a definitive agreement for the acquisition of ChessGold [2][3]. - The final terms of the transaction will be determined based on the due diligence findings and will require customary closing conditions and regulatory approvals [3]. Group 2: Company Background - Bluesky Digital Assets Corp. operates at the intersection of Artificial Intelligence, Blockchain, and Web3 business solutions, positioning itself as a high-value digital enterprise [4]. - The company has developed a platform, BlueskyINTEL, aimed at leveraging the growth of AI and Blockchain technologies through a collaborative web platform [4].

Core Points - Bluesky Digital Assets Corp. has closed the second tranche of its Non-Brokered Private Placement, raising a total of C$310,000 across both tranches [1][2] - The second tranche involved the issuance of 1,200,000 Units at a price of C$0.12 per Unit, with gross proceeds of C$100,000 [1] - The Offering is extended to August 15, 2025, with a total of up to 8,333,333 Units available for sale, aiming for aggregate gross proceeds of up to C$1,000,000 [2] Financial Details - Each Unit consists of one Common Share and one Common Share Purchase Warrant, with the Warrant allowing the purchase of an additional Common Share at C$0.15 for 24 months [3] - A cash finder's fee of C$12,000 was paid on the first tranche, and 18,000 Finder's Warrants were issued, while no finders' fees were paid on the second tranche [1][4] Use of Proceeds - The net proceeds from the Offering will be utilized to advance the Corporation's AI development and online gaming initiatives, as well as for general working capital purposes [6] Company Overview - Bluesky Digital Assets Corp. operates at the intersection of Artificial Intelligence, Blockchain, and Web3 business solutions, leveraging proprietary technology solutions [7] - The company's platform, BlueskyINTEL, is designed to support businesses in adopting emerging technologies, capitalizing on the growth of AI and Blockchain [7]