Lumina Capital Limited Partnership

November 10, 2009 19:51 ET

Lumina Capital Limited Partnership: News Release

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 10, 2009) - 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 November 9, 2009, Lumina acquired ownership and control of 4,545,455 units (each, a "Unit") of Blue Sky Uranium Corp. ("Blue Sky") by way of a non-brokered private placement for aggregate consideration of $1,000,000, or $0.22 per Unit. Each Unit is comprised of one common share and one common share purchase warrant of Blue Sky. As a result of this acquisition, Lumina owns a total of 4,545,455 common shares representing approximately 9.0% of the total number of common shares currently issued and outstanding. In addition, Lumina acquired common share purchase warrants to acquire an additional 4,545,455 common shares of Blue Sky.

Immediately following the November 9, 2009 acquisition of 4,545,455 Units of Blue Sky, Lumina exercised ownership and control over a total of 4,545,455 common shares of Blue Sky and common share purchase warrants exercisable to purchase 12,878,788 common shares of Blue Sky, which, in the aggregate assuming Lumina's common share purchase warrants are exercised, represents approximately 27.6% of the 63,198,788 issued and outstanding common shares of Blue Sky, assuming no other convertible securities are exercised.

Lumina's acquisition was made for investment purposes. Lumina may, in the future, acquire ownership and control over additional securities of Blue Sky 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.

For more information, or to obtain a copy of the subject early warning report, please contact Robert Pirooz at the number below.

Contact Information

  • Lumina Capital Limited Partnership
    Robert Pirooz
    (604) 684-1175
    (604) 684-0147 (FAX)