STOCK TITAN

Blue Moon Metals to buy $8M Nevada land, water

Blue Moon Metals Inc. (BMM) has entered into a definitive agreement to acquire a strategic land package and associated water rights near its Springer mine in Pershing County, Nevada, for total consideration of US$8.0 million.

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Blue Moon Metals Inc. (BMM) has entered into a definitive agreement to acquire a strategic land package and associated water rights near its Springer mine in Pershing County, Nevada, for total consideration of US$8.0 million. The Property comprises over 2,100 acres, bounded by highway I-80 and the Union Pacific rail line, and includes water permits with over 1,500 acre-feet annually (afa) of water rights in the Imlay basin, with more than 1,300 afa of permitted consumptive use and a maximum pumping rate of over 4,300 gallons per minute. Consideration consists of US$3.5 million in cash, including a US$0.1 million non-refundable deposit, and US$4.5 million in Blue Moon common shares based on the 10-day VWAP prior to issuance. The acquisition is subject to TSXV approval and completion of the transfer of the water rights for use at Springer, with completion expected in early 2027. Management states that the transaction more than doubles Springer’s existing water rights and positions the site for future growth as a hub-and-spoke processing and logistics complex.

Positive

  • Strategic expansion of Springer’s water and land base: The acquisition more than doubles Springer’s existing water rights and secures over 2,100 acres with highway and rail access, which management highlights as important for future processing and logistics development.

Negative

  • US$8.0 million cash-and-share cost plus closing risk: The deal requires US$3.5 million in cash and US$4.5 million in shares and remains conditional on TSXV approval and successful transfer of the water rights, so completion and benefits are not yet certain.
Total acquisition consideration US$8.0 million US$3.5 million in cash and US$4.5 million in common shares for the Property
Cash consideration US$3.5 million Payable upon signing, including a US$0.1 million non-refundable deposit
Share consideration US$4.5 million Common shares issued based on the 10-day VWAP prior to issuance
Land area acquired Over 2,100 acres Property in Pershing County, Nevada, near the Springer mine
Water rights Over 1,500 afa Water permits in the Imlay basin, with over 1,300 afa consumptive use
Maximum pumping rate Over 4,300 gpm Maximum pumping rate associated with the acquired water rights
Distance from Springer Approximately 14 miles Access via Tungsten road and highway I-80 from the Springer project
Number of brownfield projects 5 projects Blue Moon’s portfolio of polymetallic projects in Norway and the United States
water rights regulatory
"acquire a land package and its associated water rights (the “Property”)"
Water rights are legal entitlements that allow a person or company to withdraw, use, or store water from a river, aquifer, lake or other source. For investors they matter because these rights are assets that affect a business’s ability to operate, expand or sell — like owning a reserved parking spot or deed for a piece of land that guarantees access to a needed resource. Limits, permits and local rules can change value and risk.
10-day VWAP financial
"based on the 10-day VWAP of the shares prior to issuance"
10-day VWAP is the average price at which a stock traded over the past ten trading days, weighted by the number of shares exchanged at each price so bigger trades count more. Investors use it like a benchmark or reference line—similar to checking the average speed on a ten-day trip weighted by how long you traveled at each speed—to judge whether current prices are fair, to time trades, and to spot short-term trends or unusual activity.
consumptive use technical
"total annual permitted consumptive use of over 1,300 afa"
brownfield polymetallic projects technical
"Blue Moon is advancing 5 brownfield polymetallic projects"
Brownfield polymetallic projects are mining or exploration sites located near or inside previously developed mines or mineralized areas that contain several different valuable metals in the same deposit, such as copper, gold, zinc or silver. They matter to investors because they often carry lower technical and infrastructure risk—like renovating an old house instead of building from scratch—and can offer faster, potentially cheaper paths to production and revenue while spreading price risk across multiple metals.
critical metals technical
"on the USGS and EU list of metals critical to the global economy"
Critical metals are chemical elements that modern technologies rely on—examples include metals used in batteries, electronics and clean-energy equipment—and whose supply is limited, hard to replace or concentrated in a few countries. Investors watch them because shortages, rising prices or political disruptions can quickly change production costs, profit margins and the value of companies tied to those supply chains; think of them as specialized fuel for key industries—if the fuel becomes scarce or expensive, the business can be directly affected.

FAQ

What transaction did Blue Moon Metals (BMM) announce in this Form 6-K?

Blue Moon Metals announced a definitive agreement to acquire a land package and associated water rights near its Springer mine in Nevada from a private seller for US$3.5 million in cash and US$4.5 million in common shares, for total consideration of US$8.0 million.

How will Blue Moon Metals (BMM) pay for the Springer land and water-rights acquisition?

Payment consists of US$3.5 million in cash, including a US$0.1 million non-refundable deposit, and US$4.5 million in Blue Moon common shares issued to the seller based on the 10-day VWAP prior to issuance.

What does the acquired Property provide to Blue Moon Metals’ Springer project?

The Property provides over 2,100 acres of land and water permits totaling over 1,500 afa of water rights, with more than 1,300 afa of permitted consumptive use and a maximum pumping rate of over 4,300 gpm, plus on-site 60 KVA power and direct highway and rail access.

What approvals and conditions must be met before Blue Moon Metals (BMM) closes the acquisition?

Completion is subject to TSXV approval and completion of the transfer of the water rights to Blue Moon for use at Springer. The seller will file transfer documentation with NDWR, with filing costs paid by Blue Moon.

When is the Springer land and water-rights acquisition expected to close for BMM?

A purchase and sale agreement was executed on September 2, 2026, and completion of the acquisition is expected to occur in early 2027, subject to conditions, including regulatory approvals and water-rights transfer.

How does Blue Moon Metals (BMM) describe the strategic impact of the acquisition on Springer?

Blue Moon’s CEO states that the acquisition more than doubles Springer’s existing water rights and helps ensure Springer can grow as a hub-and-spoke processing complex, with the land also serving as a potential logistics hub given its highway and rail access.

Does Blue Moon Metals (BMM) pay any finder’s fees on this acquisition?

No. The company states that no finders’ fees are being paid in connection with this acquisition of the land package and associated water rights.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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 September 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



 

 




DOCUMENTS INCLUDED AS PART OF THIS FORM 6-K


On September 3, 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 September 3, 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: September 3, 2026






Exhibit 99.1


Date:

News Release:

Ticker Symbols:

September 3, 2026

26-31

TSXV: MOON; NASDAQ: BMM

                             Image1


 Blue Moon Acquires Strategic Water Rights and Land Package for Springer

 

TORONTO, Ontario, September 3, 2026Blue Moon Metals Inc. (“Blue Moon” or the “Company”) (TSXV: MOON; NASDAQ: BMM) is pleased to announce that it has entered into a definitive agreement to acquire a land package and its associated water rights (the “Property”), located near the Company’s Springer mine in Pershing County, Nevada, USA, from a private third-party vendor (the “Seller”) for consideration of US$3.5 million in cash and US$4.5 million in common shares of Blue Moon (the “Acquisition”).

 

Christian Kargl-Simard, CEO of Blue Moon states, “This acquisition more than doubles Springer’s existing water rights and ensures that Springer retains its flexibility to grow into the future as a hub-and-spoke processing complex. The land package can also act as a strategic logistics hub, with access to highway I-80 and adjoining the Union Pacific rail line.”

 

The Property

 

The Property consists of over 2,100 acres of land in Pershing County, Nevada, bounded by I-80 on one side and the Union Pacific railroad on the other side. The associated water permits hold over 1,500 afa of water rights in the Imlay basin, with total annual permitted consumptive use of over 1,300 afa and a maximum pumping rate of over 4,300 gpm. The Property also has a 60 KVA power line that is located on site.

 

Access to the Property from Springer is via Tungsten road and highway I-80, totaling approximately 14 miles. Given the proximity of the property, favourable terrain and access to both the highway and rail line, the Property has the ability to be developed into a future logistics hub for Springer.

 

Transaction Terms

 

Blue Moon is acquiring the Property free and clear of all material encumbrances for the following consideration:

  • US$3.5 million in cash upon signing the definitive agreement, of which US$0.1 million is a non-refundable deposit; and
  • the issuance by Blue Moon to the Seller of US$4.5 million common shares of Blue Moon upon closing, based on the 10-day VWAP of the shares prior to issuance.

The Seller shall be responsible for filing the documentation with NDWR for the transfer of the water rights to Blue Moon for use at Springer, the cost of which filing will be paid by Blue Moon.

 

Key conditions precedent to completion of the Acquisition are TSXV approval and the completion of the water rights transfer to Blue Moon. A purchase and sale agreement has been executed by the parties on September 2, 2026, and completion is expected to happen in early 2027. No finders’ fees are being paid on this Acquisition.


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).


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Date:

News Release:

Ticker Symbols:

September 3, 2026

26-31

TSXV: MOON; NASDAQ: BMM

                             Image1


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.

 

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; 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 Springer project operations; risks associated with mining operations in Nevada; regulatory and permitting risks at the state and federal level including with respect to the development of the Claims; 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 Claims and the Springer 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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Filing Exhibits & Attachments

1 document