Mr. Ahmed Said reports
BLUE SKY CLOSES PRIVATE PLACEMENT FINANCING
Blue Sky Energy Inc. has completed its previously announced non-brokered private placement financing by issuing 222,222 common shares of the company at a price of 45 cents per common share, for aggregate gross proceeds of $100,000.
The gross proceeds of the offering will be used to strengthen the corporate balance sheet, pay outstanding liabilities and for general corporate purposes. The common shares will be subject to a four-month hold period that expires on Feb. 25, 2017. Closing of the offering is subject to receipt of regulatory approval, including final TSX Venture Exchange approval. No finders' fees were paid in connection with the offering.
We seek Safe Harbor.
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