Core Points - Blue Moon Metals Inc. has entered into a memorandum of understanding with Hartree Partners and Oaktree Capital Management for a bridge loan and project financing package totaling up to US$140 million for the Nussir Copper Project in Norway [1][5] - The investment package includes a US$25 million bridge loan, a US$50 million senior secured term loan, a US$70 million precious metals stream, and up to US$20 million in equity investment [1][7][10] - The bridge loan and equity investment will provide US$30 million in available capital to support early works and pre-construction activities for the Nussir project [4][5] Investment Package Details - The bridge loan is structured to provide working capital for Blue Moon and Nussir activities ahead of the project finance package closing, with a maturity date of June 30, 2027 [8][12] - The senior secured term loan will have a 6.5-year term and will be drawn in defined tranches, with interest rates based on a 3-month term SOFR plus a margin [12][10] - The redeemable precious metals stream will involve payments based on a percentage of payable gold and silver production, with specific milestones for stream step-down provisions [19][11] Use of Proceeds - Proceeds from the bridge loan will be used for detailed engineering, procurement of long-lead items, underground development, and operational readiness for the Nussir Copper Project [4][12] - The equity investment will be utilized for general corporate and working capital purposes [12][10] Strategic Importance - The CEO of Blue Moon stated that securing this investment marks a major milestone for the company, reflecting confidence in the project and the team's ability to deliver [5] - The company anticipates announcing additional strategic financing packages in the coming months to cover investments across its portfolio of assets [5]