Mr. Mohammad Fazil reports

BLUE SKY CLOSES PURCHASE OF REMAINING 50% INTEREST IN OIL AND GAS ASSETS IN BC AND ALBERTA

Blue Sky Global Energy Corp., further to the news releases issued June 18, 2025, May 13, 2025, July 2, 2025, and Aug. 21, 2025, has obtained the requisite approvals, including, but not limited to, those from disinterested shareholders and TSX Venture Exchange, and has closed the purchase of the remaining 50-per-cent interest in the previously disclosed oil and gas assets in British Columbia and Alberta from Blue Sky Resources Ltd. (BSR) for a purchase price of $13-million, which is paid by the company to BSR by way of a promissory note, with a repayment date of two years from the date of closing, with interest accruing at a rate of 10 per cent per annum, to be paid at the end of each quarter, with the first payment to be made as a Dec. 31, 2025, with principal payments to be made quarterly based on the greater of $250,000 and 50 per cent of the net revenue from production from the assets, with an option for the company to increase principal payments and to pay out the promissory note at any time before the maturity date.

The assets consist of:

• The remaining 50-per-cent working interest in certain oil and gas assets located in northeastern British Columbia, which is the remaining interest in these assets initially purchased by the company in May, 2024;
• The remaining 50-per-cent working interest in certain heavy oil and gas assets located in the Cold Lake area, made up of approximately 384 hectares (representing a 100-per-cent interest), prospective for the exploration of heavy oil, of which the company announced the purchase of the initial 50-per-cent interest in these assets in the news release dated Aug. 6, 2024.

Trading in the common shares of the company have been halted since announcement of the acquisition and resumption of trading is expected to take place on or about Sept. 15, 2025. No finders' fees were paid in connection with the acquisition.

The company announces that Ilyas Chaudhary, a director nominee who received approval from shareholders to be appointed as a director of the company at the most recently completed shareholders meeting, will not be appointed as a director at this time, as he will not be able to devote enough time due to other commitments.

About Blue Sky Global Energy Corp.

The company is a publicly traded entity listed on the TSX-V under the symbol BGE, with oil and assets in Canada, Indonesia and Belize. It holds a 50-per-cent non-operated interest in producing assets in northeastern British Columbia. The company holds a production sharing contract over the Paus block, with an area of approximately 8,214 square kilometres, located offshore East Natuna, Indonesia. In Belize, the company has a production sharing agreement with the government of Belize, comprising approximately 180,000 acres of land in the Corozal basin, which may hold prospective oil and gas resources, and which so far includes, on discovery, the SBC field.

We seek Safe Harbor.