On May 6, 2024, Blue Sky Uranium Corp., closed the transaction. The company issued 18,267,999 units at a price of CAD 0.06 per unit for the gross proceeds of CAD 1,096,079.94 in the transaction. The transaction has been oversubscribed. As a part of the transaction, the company issued CAD 50,986.60 as finder fee and 849,777 non-transferable finder's warrants. Certain insiders of the company have participated in the private placement for CAD 10,002 in units. The offering is subject to regulatory approval, including the approval of the TSX Venture Exchange.

The company announced that the TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. The transaction included participation from 34 placees and one insider for CAD 166,700.