Blue Moon Metals (TSE:MOON) has released an update.
Blue Moon Metals Inc. has successfully completed a private placement, issuing 26.4 million common shares at $0.035 each, raising $924,000. These funds are earmarked for the Blue Moon Project, primarily for permitting and geological assessments, and for general working capital needs. The company’s CEO participated in the placement, which falls within regulatory exemptions.
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