Wire
Blue Moon Metals to Acquire Nine Mineral Claims Adjacent to Springer Mine in Nevada
Blue Moon Metals (BMM) said Tuesday it has agreed to acquire certain claims adjacent to its Springer Mine in Pershing County, Nevada from GoldPlay and Robert Schafer for 188,199 shares, $1 million in cash, and a sliding scale gross revenue royalty on the concessions.The acquisition consists of nine unpatented mineral claims, including a portion of some historically identified veins including the Stank deposit, the O'Byrne deposits, and a portion of the Sutton deposit, and have seen high-grade tungsten trioxide drill results, the company said.A purchase and sale agreement was executed on Monday, with completion expected by early May, subject to regulatory approval, the company said.Price: $7.31, Change: $-0.73, Percent Change: -9.03%
$BMM
