Blue Moon Metals Raises C$86.5M in Bought Deal to Advance Zinc, Copper Projects
Blue Moon Metals Inc. (TSXV: MOON) (OTCQX: BMOOF) has successfully closed a 'bought deal' public offering, raising C$86,526,000. The company, exempt from certain valuation and approval requirements, issued 26,220,000 common shares at C$3.30 each. Notably, certain insiders subscribed for 2,105,000 shares.
Proceeds will fund the development of the Blue Moon project and confirm processing solutions. Exploration, working capital, and general activities will also benefit from the funds. Blue Moon is advancing three brownfield polymetallic projects in Norway and the United States, focusing on zinc and copper, both critical to the global economy and national security, as per the USGS and EU lists.
The offering was executed under a prospectus supplement and a base shelf prospectus, both dated September 2025. Access to these documents is available through SEDAR+ at www.sedarplus.ca. The company's website can be found at www.bluemoonmetals.com.
Blue Moon Metals' successful offering will accelerate its projects' development and exploration, with a focus on critical metals. The company's commitment to these projects, along with the support of insiders, signals confidence in its future prospects.
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