Blue Moon Metals Announces Upsize of Bought Deal Public Offering to C$75 Million

Core Viewpoint - Blue Moon Metals Inc. has successfully increased its public offering from C$60,060,000 to C$75,240,000 due to strong investor demand, with the potential for maximum gross proceeds of C$86,526,000 if the over-allotment option is fully exercised [1][2]. Group 1: Offering Details - The company has entered into an amended letter agreement with Scotiabank and Canaccord Genuity Corp. as joint bookrunners for the upsized offering [1]. - The offering involves the sale of 22,800,000 common shares at a price of C$3.30 per share [1]. - The upsized offering is expected to close on or about October 1, 2025, subject to customary closing conditions [3]. Group 2: Use of Proceeds - Net proceeds from the upsized offering are intended for the development of the Blue Moon project in California, confirming processing solutions for mineralized material, additional exploration at various projects, working capital, and general corporate activities [4]. Group 3: Company Overview - Blue Moon is advancing three brownfield polymetallic projects, including the Nussir, NSG, and Blue Moon projects, all of which are strategically located with existing infrastructure [7]. - Zinc and copper from these projects are recognized as critical metals for the global economy and national security [7].