Blue MOON Quoted ON Pink Sheets and Dtc Eligible; Positive Impact from US Corporate Tax Rate Reduction
BLUE MOON QUOTED ON PINK SHEETS AND DTC ELIGIBLE; POSITIVE IMPACT FROM US
CORPORATE TAX RATE REDUCTION
January 23, 2018 – Blue Moon Zinc C orp. (TSXV: MOON; US OTC: BMOOF) (the “ Company”) is
pleased to report that the common shares of the Company are now quoted for trading in the
United States on the OTC Pink Sheets under the trading symbol BMOOF. In addition, the
Company’s common shares are eligible for delivery and depository services of The Depository
Trust Company (the “DTC”) to facilitate electronic settlement of transfers of its common shares
in the United States. Securities that are eligible to be electronically cleared and settled through
the DTC are considered “DTC eligible.” This electronic method of clearing securities speeds up
the receipt of stock and cash, and thus accelerates the settlement process for investors and
greatly reduces transactional costs for participating stock brokerages. Investors can find the
current Canadian financial disclosure of the Company on www.sedar.com.
Effective January 1, 2018, corporate tax rates in the United States were reduced from 35% to
21%, among other changes favoring US businesses. The Company’s Blue Moon zinc deposit is
domiciled in the US and the corporate tax reduction is expected to be beneficial to the project
and the Company’s Preliminary Economic Assessment (“PEA”) expected to be released in late Q1
2018.
Patrick McGrath, Chief Executive officer, stated, "The US quotatio n with DTC eligibility should
enhance and simplify trading of our shares in the US. The Company’s Blue Moon Zinc deposit is
based in the US and we believe being quoted and tradable in the US is compli mentary. We also
welcome the recent US corporate tax red uction to 21% which we believe will improve the
economics in the upcoming PEA"
About Blue Moon
The 100% owned Blue Moon polymetallic deposit has a Mineral Resource estimate of 3.7 million
indicated tons with a grade of 8.3% zinc equivalence including approximately 377 million pounds
of zinc and 4.1 million inferred tons with a grade of 7.8% zinc equivalence including approximately
395 million pounds of zinc with significant credits of copper, silver and gold. The resource 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.
Qualified Persons
Jack McClintock, P. Eng, a Director of the Company, is a qualified person as defined by NI 43-101,
has reviewed the scientific and technical information that forms the basis for this press release.
For more information please contact:
Patrick McGrath, CEO
1-832-499-6009
For additional information related to communications, media relations and investor relations
please contact:
Terry Bramhall
1-604-833-6999
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
TSX Ven ture 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. F actors 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, c hanges 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 resul ts 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.