Lumina Capital Limited Partnership

April 09, 2010 18:13 ET

News Release

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 9, 2010) - Lumina Capital Limited Partnership ("Lumina"), of 410 – 625 Howe Street, Vancouver, British Columbia, V6C 2T6, today announced pursuant to National Instrument 62-103 The Early Warning System and Related Take-Over Bid and Insider Reporting Issues that on April 6, 2010, Lumina acquired ownership and control of 5,000,000 common shares of Blue Sky Uranium Corp. ("Blue Sky") upon the exercise of 5,000,000 common share purchase warrants of Blue Sky held by Lumina at an exercise price of $0.20 per warrant, for a total purchase price of $1,000,000. As a result of this acquisition, Lumina owns a total of 9,545,455 common shares representing approximately 15.9% of the total number of Blue Sky's common shares currently issued and outstanding.

Immediately following this acquisition, Lumina exercised ownership and control over a total of 9,545,455 common shares of Blue Sky and common share purchase warrants exercisable to purchase 7,878,788 common shares of Blue Sky, which, in the aggregate assuming Lumina's common share purchase warrants are exercised, represents approximately 25.7% of the issued and outstanding common shares of Blue Sky, assuming no other convertible securities are exercised.

Lumina's acquisition was made for investment purposes. Although Lumina has no current plans to do so, Lumina may acquire ownership and control of additional securities of Blue Sky in the future for investment purposes.

Lumina is not currently a party to any agreement in respect of the acquisition, holding, disposition or voting of any securities of Blue Sky.

Lumina does not own or control any securities of Blue Sky with, nor is Lumina a joint actor with, another entity.

To obtain a copy of the subject early warning report, please contact:

Robert Pirooz
410 – 625 Howe Street
Vancouver, British Columbia
V6C 2T6

Telephone: (604) 646-1890
Facsimile: (604) 687-7041

Contact Information

  • Robert Pirooz
    410 - 625 Howe Street, Vancouver
    British Columbia, V6C 2T6
    (604) 646-1890
    (604) 687-7041 (FAX)