Blue Sky Uranium Engages FronTier Merchant Capital Group for Financial Market Consulting Services

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 18, 2016) -

NOT FOR DISTRIBUTION IN THE UNITED STATES OR FOR DISSEMINATION TO OR THROUGH US NEWSWIRE SERVICES

Blue Sky Uranium Corp. (TSX VENTURE:BSK)(FRANKFURT:MAL2)(OTCQB:BKUCF) ("Blue Sky" or the "Company") is pleased to announce that it has retained FronTier Consulting Ltd., part of the FronTier Merchant Capital Group ("FronTier"), to provide financial market consulting services to the Company, to assist with corporate finance programs. FronTier has been engaged for a term of one year at a fee of $84,000. In addition, Blue Sky has agreed to grant to FronTier stock options to purchase 300,000 Blue Sky common shares. These options are exercisable at a price of $0.25 per common share, expiring on November 17, 2018, subject to a four month hold period, and shall vest in accordance with the provisions of the Company's stock option plan and the policies of the TSX Venture Exchange. Except for the investor relations services agreement and stock options, FronTier does not have any interest, directly or indirectly, in the Company or its securities. FronTier's appointment as an investor relations consultant to Blue Sky is subject to regulatory acceptance and applicable filings with the TSX Venture Exchange.

ON BEHALF OF THE BOARD

Nikolaos Cacos, President, CEO and Director

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain forward-looking statements. 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.

The securities being offered have not been, nor will they be registered under the United States Securities Act of 1933, as amended, or state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. federal and state registration or an applicable exemption from the U.S. registration requirements. This release does not constitute an offer for sale of securities in the United States.