Blue Moon Announces 2023 Shareholder Meeting Results
MOON:TSX-V
BMOOF:OTCQB
Blue Moon Announces 2023 Shareholder Meeting Results
August 1 , 20 23 – Blue Moon Metals Inc. (TSXV: MOON; OTC QB: BMOOF) (the “ Company”)
announces the results of its annual general meeting (the " Meeting") of shareholders held on
August 1, 2023. All the motions presented to the shareholders were approved.
Votes representing 16,033,429 shares were cast, representing 60 .72% of the issued and
outstanding shares at the record date. A summary of the Meeting results is outlined below.
Motion Votes for the Motion Percentage of Votes in Favour
Number of Directors 13,733,058 85.65%
Patrick McGrath 13,444,222 85.34%
Douglas Urch 13,453,628 85.40%
Jonathan Gagne 13,454,223 85.40%
Appointment of Auditor 13,765,149 85.85%
Approval of Stock Option Plan 13,437,038 85.30%
The Company also announces that its shareholders have approved the Company’s 2023 stock
option plan (the “Plan”). The Plan is a “rolling” stock option plan which governs the granting of
stock options to directors, officers, employees and consultants of the Company or a subsidiary of
the Company for the purchase of up to 10% of the issued and outstanding common shares in the
capital of the Company from time to time. Any stock options currently outstanding under the
superseded stock option plan will remain outstanding as at the effective date, however new stock
option grants will be subject to the Plan. The Plan is subject to final approval by the TSX Venture
Exchange. Further details regarding the Plan are included in the management information
circular of the Company filed on SEDAR in connection with the Meeting.
The Company is evaluating several proposals for the preparation of an updated mineral resource
report for the Blue Moon polymetallic project and other work related to the project now that the
Company has a stronger cash position as a result of recent financings . The Company is also
reviewing new opportunities.
About Blue Moon Metals
Blue Moon Metals is advancing its Blue Moon polymetallic deposit which contains zinc, gold,
silver and copper. The property is well located with existing local infrastructure including paved
MOON:TSX-V
BMOOF:OTCQB
highways three miles from site; a hydroelectric power generation facility a few miles from the
site, a three-hour drive to the Oakland port and a four -hour drive to the service centre of Reno.
Zinc is currently on the USGS list of metals critical to the US economy and national security. A 43-
101 resource report is available on the Company’s website and was filed on www.sedar.com on
November 20, 2018. The Company also holds the Yava polymetallic project in Nunav ut that is in
the same volcanic lithologies and south of Glencore’s Hackett River deposit. More information is
available on the company’s website (www.bluemoonmetals.com).
For more information, please contact:
Patrick McGrath, CEO
1-832-499-6009
Neither the TSX Venture Exchange nor its Regulation Services Pr ovider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This press release contains certain forward -looking statements within the meaning of applicable securities la w.
Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend",
"believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or
"will" occur. Forward -looking statements are based on the opinions and estimates of management at the date the
statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual
events or results to differ materially from those projected in the forward -looking statements. The Company cannot
assure that actual results will be consistent with these forward-looking statements. They are made as of the date hereof
and are subject to change and the Company assumes no obligation to revi se or update them to reflect new
circumstances, except as required by law. Prospective investors should not place undue reliance on forward looking
statements. These factors include the inherent risks involved in the resource industry.