Bluesky Digital Assets Announces Corporate Updates and Provides Corrective Disclosure

Executive Summary

• Bluesky Digital Assets Corp. issued a corrective disclosure clarifying the actual amounts and dates for its three private‑placement tranches (Initial, Second, and Final) originally announced in July 2025.
• The total offering raised approximately C$574,000 from the issuance of 4,783,333 Units, with C$12,000 cash paid to eligible finders and 100,000 Finder’s Warrants issued.
• Net proceeds are earmarked for advancing AI development, online‑gaming initiatives, and general working capital.

Key Details

• Offering Structure: Up to 8,333,333 Units at C$0.12 per Unit; each Unit = 1 common share + 1 common‑share purchase warrant (exercise price C$0.15, 24‑month term).
• Finder Compensation: 8 % of gross proceeds in cash plus non‑transferable Finder’s Warrants equal to 8 % of Units issued. Actual cash paid: C$12,000; Finder’s Warrants issued: 100,000.
• Initial Tranche (corrected): Closed July 14 2025; 1,750,000 Units issued for ~C$210,000 gross proceeds (previously misstated). Hold period: 4 months + 1 day.
• Second Tranche (corrected): Closed July 14 2025; 833,333 Units issued (not 1,200,000) for ~C$100,000 gross proceeds. No finder fees paid. Hold period applied.
• Final Tranche: Closed August 15 2025; 2,199,999 Units issued for approximately $264,000 gross proceeds. No finder fees paid. Hold period applied.
• Aggregate Results: Total Units issued = 4,783,333; total gross proceeds ≈ C$574,000. All securities subject to statutory hold periods.
• Use of Proceeds: Advancement of AI development, online‑gaming endeavors, and general working capital.
• Regulatory Note: Securities not registered under the U.S. Securities Act; cannot be offered or sold in the United States absent exemption or registration.

Notable Quotes

(No direct quotes were provided in the release.)