BLUE MOON METALS INC - BMOOF STOCK NEWS

Blue Moon Metals Inc. has announced an upgrade of its shares to the OTCQB Market in the U.S., effective May 11, 2021, alongside continued trading on the TSX Venture Exchange (TSXV:MOON). This move aims to enhance visibility and liquidity, providing access to a broader base of retail and institutional investors. The company owns a 100% interest in the Blue Moon polymetallic deposit, which contains significant resources of zinc, gold, copper, and silver. The upgrade is seen as a strategic step towards increasing the trading experience for U.S. investors.

Blue Moon Metals Inc. has announced a positive update regarding its 2020 exploration accomplishments and plans for 2021. The company has reestablished a 100% interest in its Blue Moon Project and received an extension for its drill permit through June 2023. Significant drilling results from holes BMZ-79 and BMZ-80 have indicated high-grade mineralization with high zinc, copper, gold, and silver contents. The project aims to expand the existing resource and enhance its grade during the upcoming drilling campaign.

Blue Moon Zinc Corp. (OTC PINK: BMOOF) is rebranding to Blue Moon Metals Inc. effective April 15, 2021, to better reflect its diverse polymetallic assets. The company’s significant 43-101 Mineral Resource report indicates a total of 7.8 million inferred tons at 8.07% zinc equivalent, which includes 771 million pounds of zinc, 300,000 ounces of gold, 71 million pounds of copper, and 10 million ounces of silver. The company also holds the Yava polymetallic project in Nunavut. No action is required from shareholders regarding the name change.

Blue Moon Zinc Corp. (OTC PINK:BMOOF) has regained 100% ownership of the Blue Moon zinc-silver project in the western U.S. after its joint venture partner, Platina Resource Ltd., failed to meet drilling requirements. The recent drill results from BMZ 79 and BMZ 80 have increased confidence in the project, which boasts a mineral resource of 7.8 million inferred tons with significant zinc, gold, silver, and copper content. Plans for an aggressive drilling program are set for 2021, as commodity prices for zinc, copper, gold, and silver rise.

Blue Moon Zinc Corp. (OTC PINK:BMOOF) has completed a shares-for-debt transaction, settling $56,480 in debt owed to CEO Patrick McGrath. The Company issued 1,613,714 common shares at a price of $0.035 per share, which will be subject to a hold period until February 17, 2021. Blue Moon is advancing its polymetallic deposit containing zinc, gold, silver, and copper, with a substantial inferred resource of 7.8 million tons. The Company also holds the Yava polymetallic project in Nunavut. Investors should be aware of risks relating to forward-looking statements in the release.

Blue Moon Zinc Corp. has partnered with Jemini Capital for strategic and capital market advisory services to enhance its market presence. The agreement entails a monthly fee of $8,000, with $3,000 paid monthly and $5,000 accruing until the next financing. Jemini Capital has been granted options to purchase one million shares at $0.05 each. The Company, advancing its polymetallic Blue Moon deposit, reports a 43-101 Mineral Resource containing 7.8 million inferred tons at 8.07% zinc equivalent. The contract is pending TSX Venture Exchange approval.

Blue Moon Zinc Corp. (OTC: BMOOF) has successfully closed a non-brokered private placement raising $300,000 at $0.035 per unit. Each unit comprises one common share and one-half warrant, allowing purchase of shares at $0.07 until October 1, 2022. The funds will be used for general working capital. Additionally, the company has granted 3,650,000 stock options to key personnel at $0.05 each. It also settled $56,480 of debt with the CEO through issuance of shares. Their Blue Moon polymetallic deposit includes 7.8 million inferred tons with significant mineral content.

Blue Moon Zinc Corp. (OTCPINK: BMOOF) has initiated a non-brokered private placement worth $300,000 at $0.035 per unit, each unit comprising one common share and one-half share purchase warrant. The warrants will allow purchase of a common share at $0.07 for 24 months. Proceeds from this financing will be allocated for general working capital and are subject to regulatory approval. The company is focused on advancing its Blue Moon polymetallic deposit rich in zinc, gold, silver, and copper, holding significant inferred resources.

Blue Moon Zinc Corp. has agreed to buy back a 2% Net Smelter Return on its Blue Moon project for US$22,000, enhancing ownership consolidation. CEO Patrick McGrath indicated that this buyback is accretive to shareholders, especially with rising commodity prices for zinc, gold, silver, and copper. The Blue Moon polymetallic deposit boasts 7.8 million inferred tons at 8.07% zinc equivalent, including 771 million pounds of zinc and 300,000 ounces of gold. Ongoing discussions with Platina Resource Limited on the future of their joint venture continue as the Stage One earn-in deadline approaches in February 2021.