Blue Moon Announces Closing of Strategic Financing
MOON:TSX-V
BMOOF:OTCQB
Blue Moon Announces Closing of Strategic Financing
June 15, 20 23 – Blue Moon Metals Inc. (TSXV: MOON; OTC QB: BMOOF) (the “ Company”)
announces it has closed a non-brokered private placement offering of common shares for
proceeds of $500,240. The financing was priced at $0.065 per common share. The proceeds of
the financing will be used for the Company’s Blue Moon project, including an updated mineral
resource report and other work to advance and maintain the project. The proceeds will also be
used for working capital and the review of other opportunities. There were no warrants and no
finders’ fees associated with the financing. The shares issued pursuant to the finan cing are
subject to a four month hold period.
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. 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 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
MOON:TSX-V
BMOOF:OTCQB
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 info rmation, 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 St ates absent registration or an applicable exemption from registration
requirements.