/R E P E A T -- BLUE MOON METALS TO BEGIN TRADING ON NASDAQ UNDER BMM AND APPOINTS PETER MADSEN TO THE BOARD OF DIRECTORS/

The most recent news release (dated 2026-01-26, a repeat of 2026-01-23) announces two key developments: - The company's common shares will commence trading on the Nasdaq Capital Market under the symbol "BMM" effective January 26, 2026. Trading will continue on the TSXV under "MOON" and in Frankfurt under "8SX0", but will cease on the OTCQX (BMOOF). - Peter Madsen, a seasoned finance professional with over four decades of experience and Senior Managing Director at Deer Isle Capital, has been appointed to the Board of Directors to support the U.S. growth strategy.

Furthermore, the CEO's quote provides an operational update, stating: - The previously announced acquisition of the Springer processing plant in Nevada is expected to complete "shortly". - This plant is intended to serve as a processing hub for ore from the Blue Moon Mine in California (where an exploration decline is under development) and for historical Springer tungsten-molybdenum resources that the company plans to upgrade and redevelop. - The company is actively seeking to acquire other high-grade critical metals underground mines in the Western U.S. to feed the Springer mill, outlining a "hub-and-spoke" business model.

The Nasdaq listing is a material positive development. It fulfills a previously stated intention (first announced October 2025) and significantly elevates the company's profile, providing access to deeper U.S. capital markets, enhanced liquidity, and a broader institutional investor base. The concurrent appointment of Peter Madsen adds U.S.-focused financial expertise to the board, aligning with this strategy.

The operational update is a reiteration and confirmation of the transformative strategy shift unveiled in October 2025 with the Springer MOU. The confirmation that the acquisition is nearing completion and the explicit "hub-and-spoke" model clarifies the company's ambitious pivot from a project developer to a potential multi-asset producer and consolidator in the U.S. critical metals space. This represents a material evolution of the corporate strategy.

Blue Moon Metals Inc. is a multi-jurisdictional critical metals developer. Following transformative acquisitions in 2025, its portfolio now includes: - Blue Moon Mine (California, USA): A high-grade zinc-copper-gold-silver VMS deposit. An exploration decline construction began in October 2025, with completion targeted for Q2 2026. A March 2025 PEA showed robust economics (38% after-tax IRR base case). - Nussir Project (Norway): A fully permitted, advanced-stage sediment-hosted copper-gold-silver project. An exploration decline is underway, and a feasibility study by Worley is due in Q1 2026. It holds EU "Strategic Project" status. - NSG (Sulitjelma) Project (Norway): A past-producing copper-zinc VMS district with a maiden 17Mt inferred resource. Environmental permits and a tunnel extension contract are in place for further exploration. - Springer Project (Nevada, USA - Acquisition Pending): A historical tungsten-molybdenum mine with an existing ~1,200 tpd processing plant, intended to become a central processing hub for the U.S. strategy.

The company's flagship is currently the Nussir Project due to its advanced permitting status and EU strategic importance. However, the strategic focus is shifting towards building a U.S. production platform anchored by the Springer hub.