Blue Moon Metals Announces Start of Mobilization for Nussir

From GlobeNewswire: 2025-05-08 06:45:00

Blue Moon Metals Inc. has mobilized LNS for underground development at the Nussir Copper-Gold-Silver Project in Northern Norway. The work will provide key inputs for engineering studies leading to a final investment decision in 2026. LNS subscribed for $1.13M of Blue Moon shares in a follow-on equity investment. Red Cloud Securities Inc. will provide market stabilization and liquidity services for Blue Moon. The Company granted 24,000 stock options to a consultant, exercisable at $3.00 per stock option. The technical information has been reviewed and approved by Mr. Dustin Small, P.Eng. Blue Moon is advancing 3 polymetallic projects, including Nussir in Norway, Blue Moon in the US, and NSG in Norway. For more information, visit their website or contact Christian Kargl-Simard. Cautionary disclaimer on forward-looking statements. Risks include uncertainty in mineral resource estimates, investment decisions, production, prices, competition, financial conditions, and regulatory approvals. Readers are advised to exercise caution and refer to public reports and filings for more information.



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