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Blue Moon Provides Update on Financing and Engagement of Outside the Box Capital
Blue Moon Provides Update on Financing and Engagement of Outside the Box Capital Canada N...
About this update from Blue Moon Metals Inc
[{"type":"text","content":"\n\n\nBlue Moon Provides Update on Financing and Engagement of Outside the Box Capital\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\n\n\n\n\n\nCanada NewsWire\n\n\nTORONTO, March 6, 2026 /CNW/ - Blue Moon Metals Inc. (\"Blue Moon\" or the \"Company\") (TSXV: MOON) (NASDAQ: BMM) is pleased to announce that, further to its news release dated March 3, 2026, regarding the previously announced financing with Leonhard Nilsen & Sønner AS (the \"LNS Subscription\"), Hartree Partners, LP (\"Hartree\"), an existing shareholder of the Company, has elected to exercise its pre-emptive right to subscribe for 12,613 common shares of the Company at a price of $7.208 per common share (the \"Hartree Subscription\", and together with the LNS Subscription, the \"Financing\"). With the Hartree Subscription, the Financing will consist of an aggregate of 181,127 common shares for total gross proceeds of $1,305,563.41.\n\n\n\n\n\n\n\nHartree's pre-emptive right to participate in the Financing, pursuant to a pre-existing agreement between the Company and Hartree, was triggered by the LNS Subscription. The Hartree Subscription is expected to close concurrently with the closing of the LNS Subscription, on or about March 9, 2026.The Financing is subject to approval by the TSX Venture Exchange (\"TSXV\"). No finder's fees were paid in connection with the Financing, and the common shares issued pursuant to the Financing will be subject to a statutory 4-month and one day hold period from the date of issuance. The proceeds from the Financing are expected to be used for underground development at the Company's Nussir Project in Norway.Engagement of Outside the Box CapitalBlue Moon is pleased to announce that it has engaged Outside The Box Capital Inc. (\"Outside The Box Capital\"), a marketing services firm at 2202 Green Orchard Place, Oakville, Ontario L6H 4V4, founded by Jason Coles and Kelvin Coelho, to provide marketing and investor awareness services (the \"Services\").The Services will include, but are not limited to, planning and creating social media content, assisting the Company with its...