Blue Moon Metals Announces LNS Subscription of 168,514 Shares
Blue Moon Metals announced that Leonhard Nilsen & Sonner, the company's mining contractor at the Nussir copper-gold-silver project in Norway, has subscribed to 168,514 common shares in the company, at a share price of $7.208. This investment is in addition to LNS' initial C$4.2M subscription that closed on December 19, 2024 and the C$1.13M subscription that closed on May 8, 2025, triggered by the start of LNS underground mobilization at the Nussir project. The financing is subject to approval by the TSX Venture Exchange and is expected to close on or about Mar 17. The proceeds from the financing are expected to be used for underground development at the Project.
