Blue Sky Global Energy Corp. Announces Asset Transactions with Blue Sky Resources Ltd.

Calgary, Alberta — June 18, 2025 — NewsWall — Blue Sky Global Energy Corp. (TSXV: BGE) announced transactions with Blue Sky Resources Ltd., including the acquisition of remaining working interests in British Columbia and Alberta oil and gas assets, and the sale of its Belize and Indonesian assets.

The company has entered into a non-binding Letter of Amendment for the acquisition of the remaining 50% working interest in certain oil and gas assets in Northeastern British Columbia, increased the acquisition of the Utikuma Assets from 50% to 100% working interest, acquired 100% working interest in the Taber Properties and Columbia Properties, and acquired the remaining 50% working interest in heavy oil and gas assets in the Cold Lake area.

The total purchase price of the Acquisition has increased from CAD $19,000,000 to CAD $23,000,000 and will be paid in cash to BSR, subject to the completion of financing and other customary conditions.

BGE has also entered into a non-binding Letter of Intent for the sale of its Belize and Indonesian assets. The arm’s length party will pay BGE CAD $500,000 cash within 90 days after the Closing Date and shall sign a Promissory Note to reflect the amount owed to BGE. In addition, BGE shall retain a 3% Gross Over Riding Royalty on the Belize and Indonesia assets.

The Acquisition is subject to shareholder approval(s) as required, standard due diligence procedures, as well as customary representations, warranties, and closing conditions. The transaction remains subject to the approval of the TSX Venture Exchange and the successful completion of financing by BGE.

Trading in the common shares of the Company has been halted, and will remain halted, pending review and approval of the Acquisition by the TSXV.

Mohammad Fazil, President, Chief Executive Officer, Corporate Secretary and Director. Email: mofazil@gmail.com, Phone Number: +1 (403) 613-7310

Source: Blue Sky Global Energy Corp.