Blue Moon Metals Resumes Trading, Graduates to Tier 1 on TSX Venture Exchange

Blue Moon Metals Inc. (TSXV: MOON) has announced a series of significant developments that are set to reshape its market position and strategic trajectory. The company's common shares will resume trading on the TSX Venture Exchange (TSXV) on March 14, 2025, marking a pivotal moment in its growth journey. This resumption coincides with the company's graduation from Tier 2 to Tier 1 issuer status on the TSXV, a move that underscores its advanced development and financial stability. Additionally, the company will implement a share consolidation, reducing the number of outstanding shares to approximately 51,109,248 post-Consolidation.

The resumption of trading follows a period of strategic acquisitions and financial restructuring. Trading of the Blue Moon Shares was halted on November 27, 2024, in connection with the announcement of the acquisitions of Nussir ASA and Nye Sulitjelma Gruver AS, which closed on February 26, 2025. These acquisitions have significantly expanded Blue Moon's portfolio of polymetallic projects, positioning the company as a key player in the global mining industry.



The recent acquisitions align with Blue Moon's long-term growth strategy by enhancing its operational capabilities and expanding its asset base. The Nussir copper-gold-silver project in Norway, the NSG copper-zinc-gold-silver project in Norway, and the Blue Moon zinc-gold-silver-copper project in the United States are all well-located with existing local infrastructure, including roads, power, and historical infrastructure. These projects are critical to the global economy and national security, as zinc and copper are on the USGS and EU list of metals.

The consolidation of shares is a strategic move that will reduce the number of outstanding shares from a pre-consolidation figure to approximately 51,109,248 post-Consolidation Blue Moon Shares. This reduction in the number of shares can lead to an increase in the stock price per share, as the same market capitalization is now distributed among fewer shares. This can make the stock more attractive to investors, potentially boosting investor confidence and stock performance.

The graduation to Tier 1 issuer status on the TSXV is a significant milestone for Blue Moon. Tier 1 is the TSXV's premier tier and is reserved for the TSXV's most advanced issuers. This classification benefits Blue Moon in several ways, including decreased filing requirements, improved service standards, and enhanced credibility. With the graduation to a Tier 1 listing, the Blue Moon Shares previously deposited into escrow pursuant to the rules of the TSXV will now be governed by the release provisions of Tier 1 issuer escrow. This can provide more flexibility and potentially accelerate the release of shares from escrow, which can further boost stock performance and investor confidence.

The recent acquisitions have been funded through approximately $35.4 million in equity financings at $3.00 per share post-Consolidation. Blue Moon's mining contractor, Leonhard Nilsen & Sønner Eiendom AS ("LNS"), participated for $4.2 million of the equity financing and has committed to subscribe for another $2.3 million upon two milestones. This financial support from LNS indicates confidence in Blue Moon's growth strategy and the potential of the acquired assets.

However, there are also potential risks associated with these acquisitions. The forward-looking statements in the press release caution that all forward-looking information is inherently subject to change and uncertainty, and that actual results may differ materially from those expressed or implied by the forward-looking information. A number of risks, uncertainties, and other factors could cause actual results and events to differ materially from those expressed or implied in the forward-looking information or could cause Blue Moon's current objectives, strategies, and intentions to change. For example, the Company will also pay to the ALP 2 shareholders USD $3,000,000 in cash milestone payments, with USD $1,500,000 to be paid upon receipt by ALP 2 of the discharge permit for the ALP 2 Property, and USD $1,500,000 to be paid upon receipt by ALP 2 of the operating permit for the ALP 2 Property. This indicates that there are regulatory hurdles that need to be overcome for the acquisitions to fully realize their potential.

In conclusion, Blue Moon Metals Inc.'s resumption of trading, graduation to Tier 1 issuer status, and completion of share consolidation mark a transformative phase in the company's growth trajectory. These developments, coupled with strategic acquisitions, position Blue Moon as a formidable player in the global mining industry. While the company faces potential risks, its enhanced market perception, reduced regulatory burdens, and increased investment opportunities bode well for its future prospects. Investors and industry observers will be closely watching Blue Moon's performance in the coming months as it navigates this new phase of growth and development.