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MOON.V ·

Blue MOON Announces $520,000 Financing

Financings

BLUE MOON ANNOUNCES $520,000 FINANCING

February 7, 201 8 – Blue Moon Zinc C orp. (TSXV: MOON; US OTC: BMOOF) (the “ Company”)

announces it has arranged a non-brokered private placement of $520,000 at a price of $0.10 per

unit (the “Unit) with each Unit consisting of one common share and one common share purchase

warrant (a “Warrant”). Each Warrant shall entitle the holder thereof to acquire one common

share at a price of $0.15 per share for a period of 24 months. In the event the closing price of

the Company’s common shares exceeds $0. 22 per share for ten consecutive trading days, the

Company may accelerate the date of the Warrants by giving notice to the holders thereof and in

such case the Warrants will expire on the 30th day after the day on which such notice is given by

the Company. Officers and directors will be participating in the financing. Proceeds of the

financing will include the cost of finalizing the anticipated drill permit, general working capital

and marketing of the Company.

About Blue Moon

The Company owns 100% of the Blue Moon polymetallic zinc deposit with significant credits of

copper, silver and gold. The deposit is open at depth and along strike and historical metallurgical

testing indicates excellent recovery and a clean zinc concentrate. A NI 43-101 report detailing the

resource and summarizing metallurgical recoveries is available on the company’s website

(www.bluemoonmining.com) and filed on SEDAR on November 13, 2017. The Company plans to

advance the Blue Moon project through to feasibility, permitting and ultimately production.

For more information please contact:

Patrick McGrath, CEO

1-832-499-6009

[email protected]

For additional information related to communications, media relations and investor relations

please contact:

Terry Bramhall

1-604-833-6999

[email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the

TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Resource estimates

included in this news release are forward -looking statements. Although the Company believes the expectations

expressed in such forward -looking statements are based on reasonable assumptions set forth in the relevant

technical report and otherwise, such statements are not guarantees of future performance and actual results or

developments may differ materially from those in the forward -looking statements. Factors that could cause actual

results to differ materially from those in forward -looking statements include market prices for zinc, the results of

future exploration, uncertainties related to the ability to obtain necessary permits, licenses and titles, changes in

government policies regarding mining, continued availability of capital and financing, and general economic, market

or business conditions. Investors are cautioned that any such statements are not guarantees of future performance

and actual results or developments may differ materially from those projected in the forward -looking statements.

Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date

it is expressed in this press release, and the Company undertakes no obligation to update publicly or revise any

forward-looking information, whether as a result of new information, future events or otherwise, except as required

by applicable securities laws.

The securities referenced in this news release have not and will not be registered under the U.S. Securities Act of 1933

and may not be offered or sold in the United States absent registration or an applicable exemption from registration

requirements.