Vancouver, BC / TNW-Accesswire / November 17, 2014 / Blue Sky Uranium Corp. (TSX-V: BSK, FRA: MAL (WKN: A0MKXP), "Blue Sky" or the "Company") is pleased to announce that, at its Special and Annual General Meeting of Shareholders held on Monday, November 17, 2014, incumbent directors Nikolaos Cacos, David Terry and Darren Urquhart were re-elected to the Board of Directors of the Company. At the Meeting, Shareholders also approved the number of directors, ratified the Company's stock option plan and appointed D&H Group LLP, as auditor of the Company. Additionally, the Shareholders approved a special resolution to replace the Company's articles, and a special resolution to consolidate the Company's shares on the basis of one new common share of the Company for every ten existing common shares (see news release of November 10, 2014).
Subsequent to the Meeting, a Board of Directors meeting was held at which Nikolaos Cacos was re-appointed President and CEO and Darren Urquhart was re-appointed CFO and Corporate Secretary.
Further to the Company's news releases dated August 21, 2014 and August 25, 2014, the transaction with UrAmerica Ltd. has expired.
The Company continues to seek maximum value from the sale of its uranium assets as it evaluates new opportunities.
ON BEHALF OF THE BOARD
Nikolaos Cacos, President, CEO and Director
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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.