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FINWIRES

Blue Moon Metals Gets Top-Up Notice From Hartree Partners

-- Blue Moon Metals (MOON.V, BMM) on Wednesday said, further to its investor rights agreement, strategic partner Hartree Partners issued a notice of its intention to exercise its "top-up right" to restore its stake in the company diluted by previous share financings.

Subject to exchange approval, Hartree will buy 526,617 shares priced at $9.06 each, raising $4.8 million for Blue Moon.

Proceeds will be used for project development at the company's brownfield polymetallic projects, as well as for general corporate purposes.

Shares of the company closed up $0.30 to $10.95 on the TSX Venture Exchange.

Price: $10.94, Change: $+0.29, Percent Change: +2.72%

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