Blue Sky Uranium posts narrower H1 loss as exploration, professional fees fall for six months ended June 30, 2026
URA•First-half loss narrows as costs decline
Blue Sky Uranium posted a net loss of CAD 893,072 for the six months ended June 30, 2026, narrowing from CAD 2.94 million.
Operating loss improved as exploration spending fell to CAD 238,580 from CAD 1.55 million following the transfer of certain Ivana claims to JVCO. Professional fees dropped to CAD 63,133 from CAD 937,325 as transaction-related advisory work eased.
Cash used in operations declined to CAD 872,682 from CAD 3.54 million, reflecting lower costs and working-capital timing effects. Cash totaled CAD 984,285 at June 30, 2026, down from CAD 1.93 million at year-end; working capital was CAD 94,250.
