Blue Moon Metals Inc. (TSXV: MOON) (NASDAQ: BMM) completed its previously announced equity offerings, raising C$156.25 million in gross proceeds through a combination of public offering and private placement transactions.

The company issued 10,625,000 common shares at C$10.00 per share through a public offering, generating C$106.25 million in gross proceeds. This amount included the partial exercise of underwriters' over-allotment option for an additional 625,000 shares. Simultaneously, Blue Moon completed a concurrent private placement of 5,000,000 shares at the same C$10.00 price, raising C$50 million.

Scotiabank, ATB Cormark Capital Markets and Canaccord Genuity Corp. served as joint bookrunners for a syndicate of underwriters that included Haywood Securities Inc., Titan Partners Group LLC, Maxim Group LLC and Red Cloud Securities Inc. The underwriters received C$7,756,250 in aggregate cash commissions for their services.

The public offering was conducted under a prospectus supplement dated April 29, 2026, in Canadian provinces and territories except Quebec, and in the United States. The private placement was completed through available exemptions to prospectus requirements under applicable securities laws in Canada, the U.S., and other jurisdictions.

Blue Moon stated the net proceeds will fund construction capital at its Nussir and Blue Moon projects, development capital for the Springer Tungsten and Apex projects, additional exploration activities, working capital, U.S. growth activities and general corporate purposes.

The transactions remain subject to final approval from the TSX Venture Exchange. The company confirmed no new insiders or control persons were created as a result of the offerings.

Blue Moon operates five brownfield polymetallic projects across Norway and the United States, focusing on metals including copper, zinc, tungsten, gallium and germanium.