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Blue Sky Uranium Corp.

Published : February 04th, 2014

Engages Palisade Capital for Marketing Services and Grants Options

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Keywords :   Argentina | Recovery | Uranium |

Tuesday, February 04, 2014
Blue Sky Uranium Engages Palisade Capital for Marketing Services and Grants Options


Blue Sky Uranium Corp. (TSX-V: BSK, FRA: MAL (WKN: A0MKXP), "Blue Sky" or the "Company") announces that, subject to acceptance of the TSX Venture Exchange (the "Exchange"), it has retained Palisade Capital Corp., headquartered in Burtonville, Maryland, U.S.A. ("Palisade"), as an independent consultant to provide financial market consulting services to the Company including setting up marketing roadshows/teleconferences for the European, Canadian, U.S. and Australian investment community and assisting in marketing materials including online and social media campaigns. Collin Kettell, the CEO and Principal of Palisade, will be primarily responsible for providing the services to the Company.

Palisade offers strategic consulting services to public and private companies looking to expand their corporate footprints and attract new international investors. From marketing road shows to full-service investor relations and promotional video campaigns, Palisade utilizes innovative strategies and techniques to drive broader investor awareness, increased liquidity, and higher valuations for its clients.

In consideration for its services, the Company has agreed to pay Palisade a total fee of $60,000 for a term of 12 months commencing January 24, 2014 and ending on January 23, 2015. In addition, the Company has agreed to grant Palisade a stock option to purchase a total of 300,000 common shares at a price of $0.10 per share for a period of 2 years, subject to vesting in accordance with the Company's stock option plan and the policies of the Exchange. Pursuant to the Company's non-brokered private placement announced on January 27, 2014, Palisade has subscribed for 720,000 common shares at a price of $0.05 per share for gross proceeds of $36,000, and Mr. Kettell has also subscribed for 400,000 units at a price of $0.05 per unit, for gross proceeds of $20,000.

Except as aforesaid, Palisade does not have an interest, direct or indirect, in the Company's securities, or any right or intent to acquire such an interest.

About Blue Sky Uranium Corp.

Blue Sky is one of Argentina's best positioned uranium exploration companies with more than 5,000 km2 of tenements. The Company's mission is to acquire, explore and advance a portfolio of uranium projects with an emphasis on surficial deposits, in Argentina and other jurisdictions.

The Company is a member of the Grosso Group, a resource management group with experience in South America since 1993. As a member company of the Grosso Group, Blue Sky benefits from the signing of an agreement in principle for a strategic alliance with the Government of the Rio Negro province, Argentina, for the purpose of jointly exploring the potential for commercial mining activity. Argentina has an advanced nuclear industry, centered in the Rio Negro Province.


"Sean Hurd"
Mr. Sean Hurd, President and CEO

For further information please contact:

Corporate Communications
Tel: 1-604-687-1828
Toll-Free: 1-800-901-0058

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 including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. 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. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties.

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.

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Blue Sky Uranium Corp.

ISIN : CA0960494080
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Blue Sky Uranium is a uranium exploration company based in Canada.

Its main exploration properties are ANIT and SANTA BARBARA PROJECT in Argentina.

Blue Sky Uranium is listed in Canada and in Germany. Its market capitalisation is CA$ 3.0 millions as of today (US$ 2.4 millions, € 2.1 millions).

Its stock quote reached its highest recent level on January 15, 2010 at CA$ 94.00, and its lowest recent point on December 05, 2014 at CA$ 0.01.

Blue Sky Uranium has 49 750 000 shares outstanding.

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Annual reports of Blue Sky Uranium Corp.
2008 annual Report
Financings of Blue Sky Uranium Corp.
7/6/2016Closes $1,900,000 Private Placement
1/31/2014Closes First Tranche of Private Placement
1/27/2014Announces Private Placement
1/9/2014Closes Financing
2/19/2013Announces Non-Brokered Private Placement
9/14/2012Closes Final Tranche of Oversubscribed Financing
9/3/2012Closes Second Tranche of Financing
12/19/2011Closes Final Tranche of Non-Brokered Private Placement
12/7/2011Closes First Tranche of Non-Brokered Private Placement
5/11/2011Closes Over-subscribed Private Placement Financing
4/26/2011Announces $720,000 Non-Brokered Financing
7/19/2010Announces $3.5 Million Non-Brokered Private Placement
4/8/2010Lumina Capital Exercises 5,000,000 Warrants in Blue Sky Uran...
Option Grants of Blue Sky Uranium Corp.
2/4/2014Engages Palisade Capital for Marketing Services and Grants O...
Nominations of Blue Sky Uranium Corp.
3/13/2013Corporate Changes - Chief Financial Officer
8/2/2011Normand Champigny Appointed to Board of Directors of Blue S...
4/22/2010Appoints Chief Financial Officer and Corporate Secretary
Project news of Blue Sky Uranium Corp.
1/28/2013AREVA Funds $2 Million 2013 Exploration Program
10/29/2012Trenching Completed At Blue Sky's Ivana Project
6/29/2012Windstorm Resources Inc. Receives Shareholder Approval of Bu...
5/23/2012and Windstorm Resources Inc. Announce Signing of Arrangement...
4/27/2012and Windstorm Resources Inc. Announce Agreement to Merge
1/4/2012Partners with AREVA to Advance Exploration in Argentina
10/26/2011Announces High-Grade Near Surface Uranium Discovery at IVANA
10/24/2011Commences Ground Geophysical Survey at Darmar Gold-Silver T...
7/27/2011Presents Uranium Discovery at International Atomic Energy Ag...
2/22/2011Announces New Uranium Discovery In Rio Negro, Argentina
5/18/2010(Anit)Drilling Confirms Extensive Uranium - Vanadium Mineralizatio...
3/25/2010(Anit)Commences Drilling At ANIT
3/23/2010(Anit)defines Wide Intervals of High Grade Uranium - Vanadium Mine...
12/1/2009(Anit)identifies new drill targets and extends Anit Uranium Vanadi...
9/10/2009(Anit)Makes Important Discovery In Rio Negro, Argentina
Corporate news of Blue Sky Uranium Corp.
8/2/2016Blue Sky Announces Non-Brokered Private Placement
7/11/2016Blue Sky Hires Technical Consultant; Charts New Path for Ura...
7/5/2016Blue Sky Closes $1,900,000 Private Placement
6/3/2016Blue Sky Modifies Private Placement Terms
6/1/2016Blue Sky Announces Non-Brokered Private Placement
3/31/2016Blue Sky Announces Change of Auditor
1/18/2013BSK Attending Cambridge Conference in Vancouver
9/26/2012Results of Annual General Meeting
8/8/2012High Grade Surficial Uranium Encountered At Ivana VIII Proje...
4/3/2012Completion of Share Consolidation
3/23/2012Shareholders Approve Restructuring
3/13/2012Expands High Grade Uranium Mineralization at the Ivana Proje...
2/16/2012to Shareholders
2/9/2012and Partner AREVA Commence 2012 Exploration Program
1/28/2012Share Capital Restructuring
8/16/2011reports major targets adjacent to Marifil's San Roque Au-Ag ...
6/1/2011Normand Champigny Appointed President & COO of Blue Sky Uran...
7/10/2010Results of Annual General Meeting of Blue Sky Uranium Corpo...
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