Blue Moon Metals Announces C$60 Million Bought Deal Public Offering

Core Points - Blue Moon Metals Inc. has entered into a letter agreement with Scotiabank and Canaccord Genuity Corp. for a bought deal offering of 18,200,000 common shares at C$3.30 per share, totaling gross proceeds of C$60,060,000 [1] - An over-allotment option allows underwriters to purchase an additional 15% of the common shares, potentially increasing total gross proceeds to C$69,069,000 if fully exercised [2] - The offering is expected to close around October 1, 2025, pending customary closing conditions and regulatory approvals [3] Use of Proceeds - Net proceeds from the offering will be allocated to the development of the Blue Moon project in California, confirming processing solutions for mineralized material, additional exploration at Blue Moon, Nussir, and NSG projects, as well as working capital and corporate activities [4] Company Overview - Blue Moon is advancing three brownfield polymetallic projects: Nussir copper-gold-silver project and NSG copper-zinc-gold-silver project in Norway, and the Blue Moon zinc-gold-silver-copper project in the United States, all located with existing infrastructure [8]