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Blue Moon Metals Inc.Bullish
Blue Moon Metals has closed a C$35 million private placement with The Elmet Group, issuing 3.5 million units consisting of one common share and one three-year warrant each. The net proceeds will be used exclusively to fund the development of the Springer Tungsten Complex. Additionally, William Jacob Homiller has been appointed to the company's board of directors as part of the investor rights agreement.…more
Blue Moon Metals Inc.
Blue Moon Metals announced significant assay results from its Springer Tungsten Mine in Nevada, including a high-grade intercept of 7.84% WO3 over 0.3 meters. Additionally, the company granted 150,000 incentive stock options to two consultants at an exercise price of C$6.99 per share.…more
Blue Moon Metals Inc.
Blue Moon Metals has entered into a definitive agreement to acquire 100% of the Turner copper-gold deposit in Oregon from Gold Coast Mining. The consideration includes $4.7 million in cash, the issuance of 4,778,761 common shares valued at approximately $27 million, and additional milestone-based cash payments. This acquisition is intended to advance the company's critical mineral hub-and-spoke model by integrating the Turner deposit with its existing Blue Moon Mine.…more
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Blue Moon Metals and Partners to Invest Up to $175M in Nevada Tungsten Complex…more
Blue Moon Metals, Elmet Group, and EQ Resources have agreed to invest up to $175 million to restart the Springer Tungsten Complex in Nevada. This project is part of a strategic initiative supported by the U.S. Department of War to secure the domestic tungsten supply chain.…more
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Blue Moon Metals has obtained the necessary environmental permits and reclamation bond approval for its Springer tungsten project in Nevada. This authorization allows the company to officially commence construction activities, including the refurbishment of existing mill facilities.…more
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