Blue Moon Metals (NASDAQ: BMM) to acquire Utah Gage Project with share and royalty deal
Rhea-AI Filing Summary
Blue Moon Metals Inc. has agreed to acquire the Gage Project in Washington County, Utah, from a subsidiary of Liberty Gold Corp. The consideration is 420,935 common shares of Blue Moon plus a 2.0% net smelter return royalty on certain concessions.
The Gage Project covers 181 unpatented mining claims and two SITLA leases across 5,916 hectares, surrounding the Apex Mine in a critical metals belt over 5 kilometers long. Blue Moon will acquire a 100% interest, subject to a 4% royalty on the SITLA leases, with completion of the transaction subject to TSXV approval and targeted by the end of March.
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Insights
Share-based acquisition consolidates Blue Moon’s germanium-gallium land package in Utah.
Blue Moon Metals is acquiring 100% of the Gage Project for 420,935 common shares and a 2.0% NSR on certain concessions. The property includes 181 unpatented claims and two SITLA leases over 5,916 hectares around the Apex Mine in Utah’s critical metals belt.
The deal follows the recently closed Apex Mine acquisition and is described as strengthening control of a key germanium and gallium district. The structure is non-cash but adds an NSR obligation and leaves a separate 4% royalty on the SITLA leases. Overall financial impact is not quantified in the disclosure.
Completion of the transaction depends on TSXV approval, with closing expected by the end of March. Future technical updates on exploration, drilling and integration with the Apex Mine will be important to understand how much resource growth or production potential this enlarged land package might ultimately support.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of March 2026
Commission File Number: 001-43058
BLUE MOON METALS INC.
(Translation of registrant’s name into English)
220 Bay Street, Suite 550, Toronto, Ontario, M5J 2W4 Canada
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ¨ Form 40-F x
DOCUMENTS INCLUDED AS PART OF THIS FORM 6-K
On March 18, 2026, the Registrant filed with the Canadian Securities Regulatory Authorities on the System for Electronic Data Analysis and Retrieval + a press release, a copy of which is attached hereto as Exhibit 99.1, and which is incorporated herein by reference.
The inclusion of any website address herein, including in any exhibit attached hereto, is intended to be an inactive textual reference only and not an active hyperlink. The information contained in, or that can be accessed through, each such website is not part of this Form 6-K nor is it incorporated herein.
See “Exhibits” below.
Exhibits
| Exhibit Number |
Description | |
| 99.1 | Press release dated March 18, 2026 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| BLUE MOON METALS INC. | |||
| By: | /s/ Frances Kwong | ||
| Name: | Frances Kwong | ||
| Title: | Chief Financial Officer and Corporate Secretary | ||
| Date: March 18, 2026 | |||
Exhibit 99.1
Date:
News Release:
Ticker Symbols: |
March 18, 2026
26-09
TSXV: MOON; NASDAQ: BMM |
 |
Blue Moon Consolidates Apex Germanium and Gallium District with Acquisition of Gage Properties from Liberty Gold
TORONTO, Ontario, March 18, 2026 – Blue Moon Metals Inc. (“Blue Moon” or the “Company”) (TSXV: MOON; NASDAQ: BMM) is pleased to announce that it has entered into an agreement to acquire the Gage Project (the “Gage Project”), located in Washington County, Southern Utah, USA, from a subsidiary of Liberty Gold Corp. (“Liberty Gold”) for consideration of 420,935 common shares of Blue Moon and a 2.0% net smelter return royalty (“NSR”) on certain concessions (the “Acquisition”).
Christian Kargl-Simard, CEO of Blue Moon states, “Post the acquisition of the Apex Mine from Teck Resources that closed on March 16, 2026 (see press releases from February 27 and March 16), this Acquisition bolsters our land position around the mine and control of what we believe to be the most important germanium and gallium district in North America. The Gage Project contains similar style breccia pipes as at the Apex Mine, which hosts the only historic primary germanium and gallium mine in the western world.”
The Gage Project
The Gage Project consists of 181 unpatented mining claims located on Bureau of Land Management lands and two Utah School and Institutional Trust Lands Administration (“SITLA”) leases, for a total area of 5,916 hectares. The lands are located along a north-west trending critical metals belt greater than 5 kilometers in length (covering 5 historic mines and over 20 previously identified critical minerals prospects) and surround the Apex Mine.
The district is considered highly prospective for modern exploration and discovery, including alteration mapping, regional geophysical surveys and drill-testing at depth. No modern exploration has been conducted on the other mapped breccia pipes (10 mapped) or regional prospects (9 mapped), in addition to numerous other areas not yet discovered. Previous drilling (1980, Musto) was focused on only a 600-foot vertical section of a single breccia pipe, and it is estimated that up to 10 pipes may be present, with many more regionally.
Figure 1: Concession Location
| Page 1 of 3 |
Date:
News Release:
Ticker Symbols: |
March 18, 2026
26-09
TSXV: MOON; NASDAQ: BMM |
|
Transaction Terms
Blue Moon is acquiring 100% of the Gage Project free and clear of all other encumbrances, except for a 4% royalty in respect of the SITLA leases, for the following consideration:
| · | the issuance by Blue Moon to Liberty Gold of 420,935 common shares of Blue Moon; and |
| · | a 2.0% NSR, payable on mineral production on the Gage Project, excluding land subject to SITLA leases, and subject to an option in favour of Blue Moon to repurchase 1.0% of the NSR at any time prior to achieving commercial production for a cash payment of US$2 million. |
Key condition precedent to completion of the Acquisition is TSXV approval. A purchase and sale agreement has been executed by Liberty Gold and Blue Moon on March 18, 2026, and completion is expected to happen by the end of March. No finders’ fees are being paid on this Acquisition.
Qualified Persons and Technical Information
The technical and scientific information of this news release has been reviewed and approved by Mrs. Boi Linh Doig, P.Eng., a Blue Moon Officer, and a non-Independent Qualified Person, as defined by NI 43-101. This news release references projects which are nearby or adjacent to the Gage Project. Mineralization on such nearby or adjacent projects is not necessarily indicative of mineralization on the Gage Project.
About Blue Moon
Blue Moon is advancing 5 brownfield polymetallic projects, including the Nussir copper-gold-silver project in Norway, the NSG copper-zinc-gold-silver project in Norway, the Blue Moon zinc-gold-silver-copper project in the United States, the Springer tungsten-molybdenum project in the United States and the Apex germanium-gallium-copper project in the United States. All 5 projects are well located with existing local infrastructure including roads, power and historical infrastructure. Zinc, copper and tungsten are currently on the USGS and EU list of metals critical to the global economy and national security and germanium and gallium are also on the USGS list of critical metals. Major shareholders include Teck Resources Limited, funds managed by Oaktree Capital Management, Hartree Partners LP, Wheaton Precious Metals, Altius Minerals Corporation, Baker Steel Resources Trust, LNS and Monial. More information is available on the Company’s website (www.bluemoonmetals.com).
For further information:
Blue Moon Metals Inc.
Christian Kargl-Simard
CEO and Director
Phone: (416) 230 3440
Email: christian@bluemoonmetals.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
| Page 2 of 3 |
Date:
News Release:
Ticker Symbols: |
March 18, 2026
26-09
TSXV: MOON; NASDAQ: BMM |
|
CAUTIONARY DISCLAIMER - FORWARD LOOKING STATEMENTS
This news release contains forward-looking statements and forward-looking information (collectively "forward-looking information") within the meaning of applicable Canadian and United States securities laws. All statements included herein, other than statements of historical fact, may be forward-looking information and such information involves various risks and uncertainties. Forward-looking information is often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe" and similar expressions.
Without limiting the generality of the foregoing, this news release contains forward-looking information pertaining to the following: the completion of the Acquisition, the expected benefits and synergies from the Acquisition; the potential of the Gage Project; successful exploration, testing and advancement of the Gage Project; the continued testing, exploration, mining and advancement of Blue Moon's operations across multiple jurisdictions; mineral price expectations; and other matters ancillary or incidental to the foregoing.
A number of risks, uncertainties and other factors could cause actual results and events to differ materially from those expressed or implied in the forward-looking information or could cause the Company's current objectives, strategies and intentions to change. These risks and uncertainties include but are not limited to: the inability of Blue Moon to complete and integrate the Acquisition; risks associated with the integration of Apex project operations; risks associated with mining operations in Utah; regulatory and permitting risks at the state and federal level including with respect to the development of the Gage Project; and management's ability to anticipate and manage the factors and risks referred to herein. A comprehensive discussion of other risks that impact Blue Moon can also be found in its public reports and filings which are available at www.sedarplus.ca and on the website of the U.S. Securities and Exchange Commission at www.sec.gov.
The forward-looking information is based on certain key expectations and assumptions made by Blue Moon's management, including but not limited to: expectations concerning prevailing commodity prices; the ability to obtain, renew and extend permits as required; estimates of reserves and resources at various sites; and the integration of the Gage Project and Apex project operations.
Any forward-looking information contained in this news release represents management's current expectations and is based on information currently available to management and is subject to change after the date of this news release. Accordingly, the Company warns investors to exercise caution when considering statements containing forward-looking information and that it would be unreasonable to rely on such statements as creating legal rights regarding the Company's future results or plans.
The Company cannot guarantee that any forward-looking information will materialize and readers are cautioned not to place undue reliance on this forward-looking information. Except as required by applicable securities laws, the Company is under no obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by law. All of the forward-looking information in this news release is qualified by the cautionary statements herein.
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FAQ
What acquisition did Blue Moon Metals (BMM) announce in March 2026?
Blue Moon Metals agreed to acquire the Gage Project in Washington County, Utah, from a subsidiary of Liberty Gold. The deal expands its land position around the Apex Mine in a key germanium and gallium district with multiple historic mines and critical mineral prospects.
What is Blue Moon Metals paying for the Gage Project acquisition?
Blue Moon Metals will pay 420,935 common shares and grant a 2.0% net smelter return royalty on certain concessions. The company will also take the project subject to a 4% royalty on the SITLA leases, resulting in a purely share-based consideration structure.
How large is the Gage Project that Blue Moon Metals is acquiring?
The Gage Project covers 181 unpatented mining claims on BLM land and two SITLA leases, totaling 5,916 hectares. It lies along a critical metals belt over 5 kilometers long, encompassing five historic mines and more than twenty previously identified critical mineral prospects.
What conditions must be satisfied for Blue Moon Metals’ Gage Project acquisition to close?
The key condition for completion is TSXV approval. A purchase and sale agreement between Liberty Gold and Blue Moon was executed on March 18, 2026, and completion is expected by the end of March, assuming required approvals are obtained. No finders’ fees are payable on the transaction.
How does the Gage Project relate to Blue Moon Metals’ Apex Mine in Utah?
The Gage Project surrounds the Apex Mine, which Blue Moon recently acquired from Teck Resources. Management states the acquisition strengthens control of what they believe is a key germanium and gallium district, with similar breccia pipe geology and multiple unmapped or untested exploration targets.
What other projects is Blue Moon Metals advancing besides the Gage Project?
Blue Moon is advancing five brownfield polymetallic projects: Nussir and NSG in Norway, the Blue Moon zinc-gold-silver-copper project and the Springer tungsten-molybdenum project in the United States, plus the Apex germanium-gallium-copper project, also in the United States, all with existing infrastructure.
Filing Exhibits & Attachments
1 documentPress Releases
