MiningNewsBreaks – Blue Moon Metals Inc. (TSX.V: MOON) (NASDAQ: BMM) Closes C$156.3 Million Bought Deal Offerings

This article has been disseminated on behalf of Blue Moon Metals Inc. and may include paid advertising. 

Blue Moon Metals (TSX.V: MOON) (NASDAQ: BMM) announced the closing of its previously announced bought deal public offering and concurrent bought deal private placement, raising aggregate gross proceeds of C$156.25 million through the issuance of 15.625 million common shares priced at C$10.00 each. Net proceeds are expected to support construction capital for the Nussir and Blue Moon projects, development at the Springer Tungsten and Apex projects, additional exploration, U.S. growth initiatives and general corporate purposes, subject to final approval from the TSX Venture Exchange.

To view the full press release, visit https://ibn.fm/sRAF9

About Blue Moon

Blue Moon is advancing 5 brownfield polymetallic projects, including the Nussir copper-gold-silver project in Norway, the NSG copper-zinc-gold-silver project in Norway, the Blue Moon zinc-gold-silver-copper project in the United States, the Springer tungsten-molybdenum project in the United States and the Apex gallium, germanium, copper, and silver project in United States. All 5 projects are well located with existing local infrastructure including roads, power and historical infrastructure. Zinc, copper, tungsten, gallium and germanium are currently on the USGS and EU list of metals critical to the global economy and national security. Major shareholders include Oaktree Capital Management, Hartree Partners LP, Wheaton Precious Metals, Altius Minerals Corporation, Baker Steel Resources Trust, LNS and Monial.

More information is available on the Company’s website, https://bluemoonmetals.com/

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