Blue Moon Announces Closing of $175,500 Financing
MOON:TSX-V
BMOOF:OTCQB
Blue Moon Announces Closing of $175,500 Financing
May 8, 20 23 – Blue Moon Metals Inc. (TSXV: MOON; OTC QB: BMOOF) (the “ Company”)
announces it has closed a non-brokered private placement of $175,500. The financing was priced
at $0.065 per Common Share . There are no warrants and no finders’ fees associated with the
financing. The financing is subject to a four month hold period. The proceeds of the financing will
be used for the Company’s working capital, regulatory costs, shareholder meeting costs and costs
associated with the Blue Moon project.
About Blue Moon Metals
Blue Moon Metals (TSX.V: MOON; OTCQB: BMOOF) is currently 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. 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 hold s 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:
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.
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 commodities, 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
MOON:TSX-V
BMOOF:OTCQB
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.