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BLUE MOON METALS TO ACQUIRE TWO NORWEGIAN BROWNFIELD COPPER DISTRICTS FOR US$67.3M AND TO COMPLETE A MINIMUM C$30 MILLION EQUITY FINANCING
BLUE MOON METALS TO ACQUIRE TWO NORWEGIAN BROWNFIELD COPPER DISTRICTS FOR US$67.3M AND TO COMPLET...
About this update from Blue Moon Metals Inc
[{"type":"text","content":"\n\n\n\n BLUE MOON METALS TO ACQUIRE TWO NORWEGIAN BROWNFIELD COPPER DISTRICTS FOR US$67.3M AND TO COMPLETE A MINIMUM C$30 MILLION EQUITY FINANCING\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: TOP; TEXT-ALIGN: RIGHT; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt\n}\n.prngen3{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prntaj{\nTEXT-ALIGN: JUSTIFY\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n TORONTO\n \n\n ,\n \n\n Nov. 27, 2024\n \n\n /CNW/ - Blue Moon Metals Inc. (\"\n \n Blue Moon\n \n \") (TSXV: MOON) (OTCQB: BMOOF), Nussir ASA (\"\n \n Nussir\n \n \") and Nye Sulitjelma Gruver AS (\"\n \n NSG\n \n \") are pleased to announce that the parties have entered into separate binding letters of intent (respectively, the \"\n \n Nussir LOI\n \n \" and the \"\n \n NSG LOI\n \n \" and collectively the \"\n \n LOIs\n \n \"), each dated\n \n November 27, 2024\n \n , pursuant to which Blue Moon has agreed to acquire all of the issued and outstanding common shares of Nussir and NSG (respectively the \"\n \n Nussir Transaction\n \n \" and the \"\n \n NSG Transaction\n \n \" and collectively with the Concurrent Equity Financing as defined below, the \"\n \n Transactions\n \n \"). Both Nussir and NSG are private Norwegian companies with properties in northern\n \n Norway\n \n (the \"\n \n Nussir Property\n \n \" and the \"\n \n NSG Property,\n \n \" respectively). Blue Moon is acquiring a 100% interest in Nussir for\n \n US$55.3M\n \n and a 100% interest in NSG for\n \n US$12M\n \n , both to be satisfied in common shares of Blue Moon (the \"\n \n Blue Moon Shares\n \n \") at a deemed price of\n \n C$0.30\n \n per Blue Moon Share, which will be the same price per Subscription Receipt (as defined...