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PRNewsWire
8 days ago
Blue Moon Metals Announces Closing of C$156 Million "Bought Deal" Offerings
TORONTO, May 6, 2026 /PRNewswire/ - Blue Moon Metals Inc. ("Blue Moon" or the "Company") (TSXV: MOON) (NASDAQ: BMM), is pleased to announce that it has closed its previously announced "bought deal" public offering (the "Public Offering") and concurrent "bought deal" private placement (the "Concurrent Private Placement" and, together with the Public Offering, the "Offerings") of common shares of the Company. Scotiabank, ATB Cormark Capital Markets and Canaccord Genuity Corp. acted as joint bookrunners on behalf of a syndicate of underwriters, including Haywood Securities Inc., Titan Partners Group LLC, a division of American Capital Partners, LLC, Maxim Group LLC and Red Cloud Securities Inc. (collectively, the "Underwriters"), in connection with the Offerings, pursuant to which the Company issued an aggregate of (i) 10,625,000 common shares of the Company (the "Prospectus Shares") at an issue price of C$10.00 per Prospectus Share for aggregate gross proceeds of C$106,250,000 (including the partial exercise of the Underwriters' over-allotment option of an additional 625,000 Prospectus Shares) in connection with the Public Offering, and (ii) 5,000,000 common shares of the Company (the "Private Placement Shares" and, together with the Prospectus Shares, the "Offered Shares") at an issue price of C$10.00 per Private Placement Share for aggregate gross proceeds of C$50,000,000 in connection with the Concurrent Private Placement.