Vancouver, British Columbia--(Newsfile Corp. - June 18, 2024) - BluSky Carbon Inc. (CSE: BSKY) (the "Company" or "BluSky") is pleased to announce that its common shares (the "Common Shares") have been listed for trading on the Canadian Securities Exchange (the "CSE") today under the symbol "BSKY".
The Common Shares will commence trading one day following closing of the Company's initial public offering (the "Offering") of up to an aggregate of 11,500,000 units at a price of $0.50 per unit, pursuant to a final long-form prospectus dated May 27, 2024, as amended on June 11, 2024, filed with the British Columbia Securities Commission, Alberta Securities Commission, and Ontario Securities Commission, respectively. Closing of the Offering is expected to occur tomorrow, June 19, 2024, and trading in the Common Shares is expected to commence at market open on June 20, 2024.
ABOUT BLUSKY CARBON INC.
BluSky is a renewable energy company that is in the business of converting organic and industrial waste into biochar, renewable power and carbonate rocks, as well as the development and sale of carbon capture technology. BluSky's primary objectives are to (1) construct carbon removal equipment; (2) sell the biochar produced by the carbon removal equipment; and (3) sell carbon credits generated from the production of biochar. The Company's business model is based on the growing need for carbon neutrality and demand to reduce CO2 emissions.
For more information about the Company, please visit https://bluskycarbon.com/. The Company's final prospectus, the Agency Agreement and other documents are available on the Company's profile page on SEDAR+ at https://www.sedarplus.ca/.
ON BEHALF OF THE COMPANY
Chief Executive Officer William Hessert
Head Office 35 Research Parkway, Old Saybrook, CT, 06475, United States
Telephone (860) 577-2080
Website https://bluskycarbon.com/
Email info@bluskycarbon.com
The CSE and Information Service Provider have not reviewed and do not accept responsibility for the accuracy or adequacy of this release.
Forward-Looking Information
This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation, including, without limitation, statements regarding the commencement of trading of the Company's Shares on the CSE, the closing of the Offering and the Company's expectation of commencement of trading, and the Company's future goals and objectives. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain acts, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved".
Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information, including, without limitation, risks relating to the future business plans of the Company; risks that the Company will not be able to retain its key personnel; risks that the Company will not be able to secure financing on reasonable terms or at all. Accordingly, readers should not place undue reliance on any such forward-looking information.
Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
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SOURCE: Blusky Carbon Inc.
