Corporación América Group Earn-In Agreement for up to 80% of Blue Sky Uranium’s Ivana Uranium-Vanadium Deposit (Argentina)

December 2, 2024

Blue Sky Uranium Corp. entered into a definitive earn-in agreement with Abatare Spain, S.L.U. (COAM) and ACI Capital S.à r.l. as guarantor to advance the Ivana uranium-vanadium deposit. COAM receives a right to acquire up to 80% indirect interest in JVCO (the deposit vehicle) in stages, starting with a 49.9% interest upon funding US$35 million and potentially expanding to 80% following feasibility work and development funding.

Buyers
Abatare Spain, S.L.U., ACI Capital S.à r.l.
Targets
Ivana Minerals S.A., Minera Cielo Azul S.A., Ivana Uranium-Vanadium Deposit (via JVCO/JVCO assets)
Sellers
Blue Sky Uranium Corp.
Industry
Energy
Location
Rio Negro Province, Argentina
Transaction Type
Buyout

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