Blue Moon Announces $924,000 Financing
MOON:TSX-V
BMOOF:OTCQB
Blue Moon Announces $924,000 Financing
August 15, 20 24 – Blue Moon Metals Inc. (TSXV: MOON; OTC QB: BMOOF) (the “ Company”)
announces it has arranged a non -brokered private placement of 26,400,000 common shares of
the Company (the “Common Shares”) at a price of $0.035 per Common Share for aggregate gross
proceeds of $924,000 (the “Private Placement”). The net proceeds from the Private Placement
will be for further permitting and exploration activities at the Blue Moon project, for working
capital and general corporate purposes.
The financing is scheduled to close on or about August 30, 2024, and is subject to certain
customary conditions, including but not limited to, receipt of TSX Venture Exchange conditional
acceptance. The Common Shares will be subject to a statutory hold period of four months and
one day from the date of issuance. There are no warrants and no finders’ fees contemplated with
the Private Placement.
This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall
there be any sale of any securities in any jurisdiction in which such offer, solicitation, or sale
would be unlawful including any of the securities in the United States of America. The securities
have not been and will not be registered under the United States Securities Act of 1933, as
amended (the “1933 Act”) or any state securities laws and may not be offered or sold within the
United States or to, or for account or benefit of, U.S. Persons (as defined in Regulation S under
the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an
exemption from such registration requirements is available.
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
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. The
Company also holds the Yava polymetallic project in Nunavut 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:
MOON:TSX-V
BMOOF:OTCQB
Patrick McGrath, CEO
1-832-499-6009
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.
This press release contains certain forward -looking statements within the meaning of applicable securities law.
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 a nd 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 revise 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.