Blue Moon holder Hartree subscribes for 12,613 shares

Executive Summary

• Blue Moon Metals Inc. reports that existing shareholder Hartree Partners LP has exercised its pre-emptive right to subscribe for 12,613 common shares at $7.208 per share, bringing the total financing size to 181,127 shares with gross proceeds of approximately $1.3 million.
• The financing, which includes a prior subscription from Leonhard Nilsen & Sonner AS (LNS), is expected to close concurrently on or about March 9, 2026, subject to TSX Venture Exchange approval.
• Blue Moon has engaged Outside The Box Capital Inc. for a six-month marketing and investor awareness engagement, paying an upfront fee of $200,000 USD with no securities issued as compensation.

Key Details

• Financing Structure & Proceeds:
  • Total common shares to be issued: 181,127.
  • Gross proceeds: $1,305,563.41.
  • Hartree Partners LP subscription: 12,613 common shares at $7.208 per share.
  • Prior LNS subscription: Implied remainder of the 181,127 shares (168,514 shares).
  • Use of proceeds: Underground development at the Nussir project in Norway.
  • Hold period: Common shares subject to a statutory four-month-and-one-day hold period from issuance.
  • Finders' fees: None paid.
• Closing Timeline:
  • Hartree subscription expected to close concurrently with LNS subscription.
  • Target closing date: On or about March 9, 2026.
  • Regulatory approval: Subject to TSX Venture Exchange approval.
• Marketing Engagement:
  • Service Provider: Outside The Box Capital Inc. (founded by Jason Coles and Kelvin Coelho).
  • Services: Marketing, investor awareness, social media content planning/creation, feature content production.
  • Term: Six months, commencing March 9, 2026.
  • Compensation: Upfront payment of $200,000 USD.
  • Securities: No securities issued as compensation; Outside The Box Capital has no existing ownership and may acquire securities in the open market in the future.

Notable Quotes

• None explicitly quoted in the text.