• Blue Moon Metals published its MD&A for Q1 2026, reporting net loss attributable to shareholders of CAD 33.24 million, widened from CAD 1.42 million year earlier, driven mainly by CAD 28.36 million of exploration spending.
• Cash, cash equivalents, restricted cash ended quarter at CAD 40.45 million, down from CAD 92.81 million at start of quarter; operating cash outflow totaled CAD 27.11 million.
• Nussir feasibility study outlined 13-year mine plan with 6,000 tpd throughput, initial capex of USD 184 million, post-tax NPV(8%) of USD 235 million at consensus pricing; production start targeted for December 2027.
• Springer tungsten mine and mill acquisition closed for USD 18.5 million cash, positioning site as US processing hub; Apex germanium-gallium mine acquisition closed for 7,031,959 shares, followed by Gage land package purchase for 420,935 shares.
• May bought-deal financing closed for gross proceeds of CAD 156.25 million at CAD 10 per share, supporting Nussir development decision and wider US hub-and-spoke buildout.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Blue Moon Metals Inc. published the original content used to generate this news brief on May 15, 2026, and is solely responsible for the information contained therein.