Blue Moon Metals Inc. , Nussir ASA and Nye Sulitjelma Gruver AS are pleased to announce that the parties have entered into separate binding letters of intent , each dated November 27, 2024, pursuant to which Blue Moon has agreed to acquire all of the issued and outstanding common shares of Nussir and NSG . Both Nussir and NSG are private Norwegian companies with properties in northern Norway . Blue Moon is acquiring a [...]
Blue Moon Metals Inc. is pleased to announce additional management changes following the annual general meeting on October 17, 2024 announcement . Christian Kargl-Simard, who was elected then as an independent director, will replace Patrick McGrath as President and Chief Executive Officer. Frances Kwong, former Vice President Finance, CFO and Corporate Secretary at Adventus Mining Corporation, will replace Varun Prasad as [...]
Blue Moon Metals Inc. is pleased to announce that the shareholders of the Company have approved each of the annual items of business as detailed below. A total of 21,519,612 common shares were voted, representing 40.5% of the votes attached to all the outstanding common shares. The annual matters voted on at the meeting were conducted in accordance with the applicable corporate, securities law and stock exchange [...]
Blue Moon Metals Inc. is pleased to announce that it has awarded Micon International Ltd. the contract to complete a Preliminary Economic Assessment for its 100% owned Blue Moon Project located in central California. With zinc and copper designated as critical metals by the U.S. Geological Survey, the Company is eager to advance the Project. The project hosts the largest known polymetallic volcanogenic massive sulfide [...]
Blue Moon Metals Inc. is pleased to announce that it has agreed to sell its Yava project located in Nunavut to Honey Badger Silver Inc. . Pursuant to the definitive agreement and subject to customary closing conditions, the Company will receive 4,250,000 common shares of Honey Badger with an implied value of approximately $340,000 . This consideration will represent approximately 6.5% of the total issued and outstanding [...]
Blue Moon Metals Inc. announces the results of its updated Mineral Resource estimate for its 100% owned Blue Moon Project located in the United States. The Mineral Resource was updated to incorporate drilling results from the last three drill programs. The Blue Moon project is a high-quality polymetallic deposit with excellent exploration and expansion opportunities. Highlights of the updated Mineral Resource estimate [...]
Blue Moon Metals Inc. announces it has commenced work on an updated mineral resource report for the Blue Moon project and intends to release it in Q4 2023. The updated mineral resource will include drilling results from the last three drill programs. The Company also wishes to announce the appointment of Enrique Correa to the board of directors, replacing Douglas Urch. Mr. Correa has over 25 years experience in senior [...]
Blue Moon Metals Inc. announces it has closed a non-brokered private placement offering of common shares for proceeds of $500,240. The financing was priced at $0.065 per common share. The proceeds of the financing will be used for the Company's Blue Moon project, including an updated mineral resource report and other work to advance and maintain the project. The proceeds will also be used for working capital and the [...]
Blue Moon Metals Inc. announces it has closed a non-brokered private placement of $175,500. The financing was priced at $0.065 per Common Share. There are no warrants and no finders' fees associated with the financing. The financing is subject to a four month hold period. The proceeds of the financing will be used for the Company's working capital, regulatory costs, shareholder meeting costs and costs associated with the [...]
Blue Moon Metals Inc. wishes to update its shareholders on current plans for Blue Moon and to address the McClintock Group's press release dated April 27, 2023. The current team has a plan for Blue Moon shareholders, including adding a proven technical team member, seeking new and alternative financing initiatives, advancing the Company's current project and identifying acquisitions that add value. There are no agreements [...]
Progress of the Company and its flagship Blue Moon Project are being impeded by recent actions of the current Management and Board of Directors. We, as major shareholders, are concerned that there may be plans to sell the Blue Moon Project at a significant discount to its fair market value. We are frustrated that our concerns and suggestions over the past ten months regarding the current state of the Company and issues [...]
Blue Moon Metals announces it has arranged a non-brokered private placement of $120,000. The proceeds will be for the general working capital of the Company and for the annual sustaining costs of being a public issuer. The financing is at a price of $0.01 per share on a pre-consolidated basis, subject to regulatory approval. There are no warrants and no finders' fees contemplated with the financing. Insiders of the [...]
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