BMM · Blue Moon Metals Inc.

Blue Moon Metals Inc. closed the acquisition of a 100% interest in nine unpatented mining claims adjacent to its Springer tungsten project in Nevada. The consideration includes 188,199 common shares, US$1 million cash, and a sliding scale gross revenue royalty (3.0%-5.0%) with an option for Blue Moon to buy down the royalty to 1.5% for US$2.0 million within three years. The transaction is arm's length with no finders' fees. This acquisition expands Blue Moon's land position at Springer, one of five brownfield polymetallic projects the company is advancing. The company highlights that tungsten, along with zinc, copper, germanium, and gallium, are on USGS critical metals lists, underscoring strategic importance. Major shareholders include Teck Resources, Oaktree Capital Management, and others. The integration of the WO Claims with Springer operations is subject to risks including permitting and mining operations in Nevada.