Moon River Moly Ltd. Provides Early Warning Disclosure

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[{"type":"text","content":"Moon River Moly Ltd. Provides Early Warning DisclosureToronto, Ontario--(Newsfile Corp. - May 8, 2026) - Moon River Moly Ltd. (TSXV: MOO) (OTCQB: MRIVF) (\"Moon River\" or the \"Company\") - announces that an early warning report has been filed in respect of Mr. Ian McDonald's (\"McDonald\") holdings of the Company. On November 15, 2023, McDonald was granted 600,000 stock options (\"Options\") to purchase common shares of the Company (\"Common Shares\"), 200,000 of which vested immediately and an additional 200,000 vested on each of the first and second anniversaries of the grant date. Immediately prior to the Option Vesting (as defined below), McDonald had beneficial ownership of, or control or direction, over 2,944,000 Common Shares and 200,000 Options which had vested or will vest within 60 days of such date, pursuant to previously issued Options by the Company, representing approximately 8.93% of the issued and outstanding Common Shares on a non-diluted basis (approximately 9.42% of the issued and outstanding Common Shares on a partially diluted basis).On September 16, 2024, 200,000 of the Options had already vested and another 200,000 would vest within 60 days of such date. Accordingly, as of such date, McDonald had beneficial ownership of (within the meaning of National Instrument 62-104 - Take-Over Bids and Issuer Bids), or control or direction over, 2,944,000 Common Shares and 400,000 Options (the \"Option Vesting\"). After giving effect to the Option Vesting, McDonald had beneficial ownership of, or control or direction over, approximately 8.9% of the then issued and outstanding Common Shares on a non-diluted basis (approximately 10.02% of the then issued and outstanding Common Shares on a partially diluted basis).On September 15, 2025, the Company issued 336,280 Common Shares from treasury (the \"Issuance\"). Following the Issuance, the resulting beneficial ownership of McDonald in respect of the Common Shares and securities convertible into Common Shares, fell below 10% of the issued and outstanding Common Shares on a partially diluted basis, as McDonald had beneficial ownership of, or control or direction over, approximately 8.78% of the then issued and outstanding Common Shares on a non-diluted basis (approximately 9.92% of the then issued and outstanding Common Shares on a partially diluted basis) (the \"Dilution\"...

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