#Canada #Toronto #Blue Moon #Hartree Partners #C$4.8 million

Blue Moon Metals Secures C$4.8 Million Follow-On Investment

On April 24, 2026, Blue Moon Metals Inc. is excited to announce that it has closed a significant follow-on investment totaling approximately C$4.8 million, sourced from its strategic partner, Hartree Partners, LP. This funding involves the issuance of 526,617 common shares to Hartree, which further solidifies the company's financial footing for ongoing projects.

This recent financing announcement follows an earlier release made on April 22, 2026, underscoring an ongoing commitment to advance the multiple brownfield polymetallic projects that Blue Moon is currently developing. The completion of this financing is still subject to final approval from the TSX Venture Exchange.

Funding Purpose and Structure

The funds acquired through this investment are earmarked for various developmental activities related to Blue Moon's polymetallic projects. These include the Nussir copper-gold-silver project and the NSG copper-zinc-gold-silver project, both of which are based in Norway, along with projects in the United States, such as the Blue Moon zinc-gold-silver-copper project and the Springer tungsten-molybdenum project. The company is positioning itself to tap into the critical demand for metals like zinc, copper, and tungsten, which are crucial to global economies and listed among essential materials by the US Geological Survey (USGS).

Strategic Partnerships and Future Prospects

Notable stakeholders of Blue Moon include Teck Resources Limited, Oaktree Capital Management, Wheaton Precious Metals, and others, establishing a robust network of financial backing. The project's geographic positioning taps into existing local infrastructures, which includes roads and power lines, further streamlining development efforts and operational efficiency. The company is committed to advancing its objectives in a way that aligns with sustainable practices and economic responsibilities.

As the demand for critical metals continues to rise, Blue Moon aims to leverage its strategic partnerships to enhance resource development while ensuring adequate corporate governance and transparency. By concentrating on essential materials like germanium and gallium, which are also identified as critical by the USGS, Blue Moon is paving the way for significant contributions to both local and national economies.

Conclusion

In summation, Blue Moon's successful follow-on investment of C$4.8 million from Hartree Partners is a significant milestone reflecting confidence in its project portfolio. The company continues to operate with a strong focus on advancing its polymetallic projects amidst growing global metal demand. Stakeholders and investors can look forward to the progressive developments that will arise from this funding, and the impact it could have on the overall market for critical metals in the coming years.

More information is available on the company’s website at www.bluemoonmetals.com.

Please note that all statements regarding future operations may include forward-looking information. Investors are advised to assess the inherent risks associated with such forecasts.