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MOON.V ·

Blue MOON Metals Completes First Blast ON Nussir Access Portal Ahead of Schedule

Corporate Updates

Date:

News Release:

Ticker Symbols:

June 16, 2025

25-14

TSXV: MOON; OTCQX: BMOOF

Page 1 of 3

BLUE MOON METALS COMPLETES FIRST BLAST ON NUSSIR ACCESS PORTAL AHEAD OF SCHEDULE

TORONTO, Ontario – June 16th, 202 5 – Blue Moon Metals Inc. (“Blue Moon ” or the “ Company”) ( TSXV: MOON ;

OTCQX: BMOOF), is pleased to announce that the company has commenced underground construction on the Nussir

Mine completing the first blast on the access portal on June 12, 2025; ahead of schedule.

Nussir’s mining contractor, Leonhard Nilsen & Sonner AS (“ LNS”) will extend the decline approximately 2,500 meters

providing a platform for further underground exploration. The exploration work to be completed over the next year

will provide key engineering inputs and lead to a final investment decision in 2026.

Christian Kargl-Simard, Blue Moon’s CEO states: “This key milestone marks the start of the next chapter in the exciting

Nussir story and brings us one step closer to putting this important critical metals mine into operation supplying

Europe’s copper needs.”

Date:

News Release:

Ticker Symbols:

June 16, 2025

25-14

TSXV: MOON; OTCQX: BMOOF

Page 2 of 3

About Blue Moon

Blue Moon is advancing 3 brownfield polymetallic projects, including the Nussir copper -gold-silver project in Norway,

the Blue Moon zinc -gold-silver-copper project in the United States and the NSG copper-zinc-gold-silver project in

Norway. All 3 projects are well located with existing local infrastructure including roads, power and historical

infrastructure. Zinc and copper are currently on the USGS and EU list of metals critical to the global economy and

national security. More information is available on the Company’s website (www.bluemoonmetals.com).

For further information:

Blue Moon Metals Inc.

Christian Kargl-Simard

CEO and Director

Phone: (416) 230 3440

Email: [email protected]

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

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

CAUTIONARY DISCLAIMER - FORWARD LOOKING STATEMENTS

This news release includes “forward -looking statements” and “forward -looking information” within the meaning of

applicable Canadian and U.S. securities laws. All statements included herein that address events or developments that

we expect to occur in the future are forward -looking statements. Forward-looking information may in some cases be

identified by words such as “will”, “anticipates”, “expects”, “intends” and similar expressions suggesting future events

Date:

News Release:

Ticker Symbols:

June 16, 2025

25-14

TSXV: MOON; OTCQX: BMOOF

Page 3 of 3

or future performance.

We caution that all forward-looking information is inherently subject to change and uncertainty and that actual results

may differ materially from those expressed or implied by the forward -looking information. A number of risks,

uncertainties and other factors could cause actual results and events to differ materially from those expressed or

implied in the forward-looking information or could cause our current objectives, strategies and intentions to change.

We cannot guarantee that any forward-looking information will materialize and you are cautioned not to place undue

reliance on this forward -looking information. Any forward -looking information contained in this news release

represents management’s current expectations and are based on information currently available to management, and

are subject to change after the date of this news release. We are under no obligation (and we expressly disclaim any

such obligation) to update or alter any statements containing forward-looking information, the factors or assumptions

underlying them, whether as a result of new information, future events or otherwise, except as required by law. All of

the forward-looking information in this news release is qualified by the cautionary statements herein.

Forward-looking information is provided herein for the purpose of giving information about the Nussir Mine and its

expected impact. Readers are cautioned that such information may not be appropriate for other purposes.

A comprehensive discussion of other risks that impact Blue Moon can also be found in its public reports and filings

which are available at www.sedarplus.ca.