Blue Moon Announces Closing of Strategic Financing

VANCOUVER, British Columbia, June 15, 2023 (GLOBE NEWSWIRE) -- Blue Moon Metals Inc. (TSXV: MOON; OTCQB: BMOOF) (the “Company”) announces it has closed a non-brokered private placement offering of common shares for proceeds of $500,240. The financing was priced at $0.065 per common share. The proceeds of the financing will be used for the Company’s Blue Moon project, including an updated mineral resource report and other work to advance and maintain the project. The proceeds will also be used for working capital and the review of other opportunities. There were no warrants and no finders’ fees associated with the financing. The shares issued pursuant to the financing are subject to a four month hold period.

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