Wedoany.com Report, On March 6, 2026, Blue Moon Metals announced progress on its financing plan and entered into a marketing cooperation with Outside The Box Capital Inc. Existing shareholder Hartree Partners, LP exercised its preemptive right, subscribing to 12,613 common shares at a price of $7.208 per share. This subscription, combined with the previously announced subscription by Leonhard Nilsen & Sønner AS, involves a total of 181,127 common shares, generating total proceeds of $1,305,563.41. The financing is expected to be completed around March 9, 2026, subject to approval by the TSX Venture Exchange. No intermediary fees are payable, and the funds raised will be used for underground development of the Nussir project in Norway.
Concurrently, Blue Moon Metals has engaged Outside The Box Capital to provide marketing and investor awareness services for a six-month period. The services include social media content planning, channel management, and feature production. The company will pay a $200,000 upfront fee, with no securities issued as compensation. Outside The Box Capital has no direct relationship with the company, currently holds no securities of the company, but may acquire them on the open market in the future.
Blue Moon Metals is advancing five polymetallic projects, including the Nussir copper-gold-silver project and the NSG copper-zinc-gold-silver project in Norway, as well as the Blue Moon zinc-gold-silver-copper project, the Springer tungsten-molybdenum project, and the Apex germanium-gallium-copper project in the United States. All projects benefit from local infrastructure, with zinc, copper, tungsten, germanium, and gallium classified as critical metals. Major shareholders include funds managed by Oaktree Capital Management, Hartree Partners LP, among others.
This news release contains forward-looking statements regarding the use of financing proceeds, project operations, and expectations for mineral prices, among others, which involve risks and uncertainties. The company cautions investors to exercise caution when relying on such information and directs them to www.sedarplus.ca and www.sec.gov for more details on the risks.
