Blue Moon Shareholders Elect Maryse Belanger, Christian Kargl-Simard and Haytham Hodaly as New Board Members
Date:
News Release:
Ticker Symbols:
October 17, 2024
24-08
TSXV: MOON; OTCQB: BMOOF
– 1 of 3 –
Blue Moon Shareholders Elect Maryse Belanger, Christian Kargl-Simard
and Haytham Hodaly as New Board Members
October 17, 2024 – Blue Moon Metals Inc. (“the Company”) (TSX-V: MOON, OTCQB: BMOOF) is pleased to announce that
the shareholders of the Company (the "Shareholders") have approved each of the annual items of business as detailed
below. A total of 21,519,612 common shares were voted, representing 40.5% of the votes attached to all the outstanding
common shares. The annual matters voted on at the meeting were conducted in accordance with the applicable corporate,
securities law and stock exchange requirements.
The Company welcomes Maryse Belanger, Christian Kargl-Simard and Haytham Hodaly to the board of directors, and
thanks Pedro Fonseca and Jonathan Gagné for their prior services. Ms. Belanger has been appointed non-executive board
chair. Follow-on management appointments are expected later this quarter.
The complete results of the annual general meeting are set forth below:
Votes For % For Votes Withheld % Withheld
Number of Directors 21,518,117 100% 1,495 0.0%
Election of Directors
Maryse Bélanger 21,518,712 100% 900 0.0%
Christian Kargl-Simard 21,518,712 100% 900 0.0%
Haytham Hodaly 21,519,542 100% 70 0.0%
Patrick McGrath 19,439,837 90.3% 2,079,775 9.7%
Appointment of Auditor
Davidson & Company LLP 19,714,903 91.6% 1,804,709 8.4%
Approval of Share Compensation Plan 19,449,073 90.4% 2,070,539 9.6%
Patrick McGrath, Chief Executive Officer, stated, “We are very pleased to be inviting our 3 new distinguished board
members to Blue Moon . Their resumes below speak for themselves. The new group has extensive experience advancing
projects through development, permitting, construction and operations, including volcanic massive sulphide deposits. They
also have raised billions of dollars for mining enterprises both directly and indirectly. We look forward to working with
them in building a significant company and creating shareholder value.”
Maryse Belanger, New Board of Director Chair, stated, “I am very pleased to be joining the board of Blue Moon, along with
Christian who I worked closely with at Adventus Mining Corporation, and Haytham who represented Wheaton Precious
Metals as Adventus’ largest stakeholder. In fact, I worked on the Blue Moon Project for Westmin Mines Limited in the late
1980s. Our goal at Blue Moon is to build a significant zinc-copper-gold company, and we have a great start with the Blue
Moon Project in California. I have comfort working in California through my board representation at Equinox Gold, where
we have two mines.”
Date:
News Release:
Ticker Symbols:
October 17, 2024
24-08
TSXV: MOON; OTCQB: BMOOF
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The resumes for the new board members are as follows:
Maryse Belanger – Independent Board Chair
Ms. Belanger serves on the board of directors of Equinox Gold , where she is chair of its Environment, Social and
Governance Committee and is a member of its Compensation and Nomination Committee. She has over 35 years of
experience globally, with proven strengths in operational excellence and efficiency, technical studies and services. She has
provided oversight and project management support through some of the mining industry’s key strategic acquisitions.
Ms. Bélanger was appointed Chair of Adventus Mining ’s board of directors in March 2024, prior to its sale to Silvercorp
Metals in July 2024 for $235M. She was Interim CEO and Board Chair of IAMGOLD from 2022-2023, successfully
overcoming financing and construction issues to advance the company’s flagship Côté Mine toward production. From
2016 to 2020, Ms. Bélanger was President, COO and Director of Atlantic Gold, where she guided the company’s Touquoy
Mine through construction to production, and the eventual acquisition of Atlantic Gold by St. Barbara for C$722 million.
From 2014 to 2016, she served as CEO and Managing Director of Mirabela Nickel Ltd. where she is credited with the
successful turnaround of the Santa Rita mine in Brazil. From 2011 to 2014, Ms. Bélanger was a senior executive with
Goldcorp where she was appointed Senior Vice President, Technical Services. Prior to Goldcorp, Ms. Bélanger was Director,
Technical Services for Kinross Gold Corporation in Brazil and Chile. She was recognized twice by the Women in Mining UK
“WIM (UK)” 100 Global Inspirational Women in Mining Project as one the most inspirational Global Women in Mining. She
holds a Bachelor of Science degree in Geology, a graduate certificate in Geostatistics and ICD.D designation.
Christian Kargl-Simard – Independent Director
Mr. Kargl-Simard has over 20 years of experience in the mining industry, having worked both in technical and finance
roles. He recently sold Adventus Mining Corporation to Silvercorp Metals for $235M after starting with a $2M exploration
focused asset base in December 2016 . Prior to starting Adventus Mining, he worked for 10 years in investment banking
roles at Raymond James Ltd. and Haywood Securities Inc. During his tenure in investment banking, Christian was involved
in financings raising more than $7 billion, and he assisted in completing over 35 M&A transactions. Christian also worked
for Dynatec up to its sale to Sherritt International Corp. in 2007, both in metallurgical engineering and corporate
development roles. Christian holds a B.A.Sc. degree in Metallurgical Engineering from the University of British Columbia.
Christian is also non-executive chairman of Surge Copper Corp.
Haytham Hodaly – Independent Director
Mr. Hodaly is the Senior Vice President, Corporate Development of Wheaton Precious Metals and brings with him almost
30 years of experience in analyzing mining opportunities. He joined the company in 2012 and has since been involved with
more than US$9 billion worth of streaming transactions. Prior to joining Wheaton Precious Metals, Mr. Hodaly had spent
more than 16 years in the North American securities industry, most recently as Director and Mining Analyst, Global Mining
Research, at RBC Capital Markets. Prior to this, Mr. Hodaly held the position of Co-Director of Research and Senior Mining
Analyst at Salman Partners Inc., in addition to holding the titles of Vice President and Director of the firm. Mr. Hodaly is
an engineer with a Bachelor of Applied Science in Mining and Mineral Processing Engineering and a Master of Engineering,
specializing in Mineral economics, both obtained from the University of British Columbia. Mr. Hodaly currently serves as
Date:
News Release:
Ticker Symbols:
October 17, 2024
24-08
TSXV: MOON; OTCQB: BMOOF
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a director of the Denver Gold Group since 2019, and Director of NEXE Innovations Inc. since 2020 and was formerly a
Director of Goldsource from 2017 until its acquisition in 2024.
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 and copper are currently on the USGS list of metals critical to the US economy and national
security. More information is available on the Company’s website (www.bluemoonmetals.com).
Cautionary Note – Forward Looking Statements
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.
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", "estima te" and other similar words, or
statements that certain events or conditions "may" or "will" occur. Forward -looking statements in this press release include, but are not limited to,
the statements of management regrading the directors’ future contributions to the Company.
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 and uncertainties and other factors , many of which are beyond the ability of Blue Moon to control or predict, that may cause Blue
Moon’s actual results, performance, or achievements to be materially different from those expressed or implied thereby, and are developed based on
an assumption about such risks, uncertainties and other factors set out herein. 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 re vise
or update them to reflect new circumstan ces, 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.
For more information, please contact:
Patrick McGrath, CEO
1-832-499-6009