Exhibit 99.1
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Date:
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April 24, 2026
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News Release:
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26-16
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Ticker Symbols:
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TSXV: MOON; NASDAQ: BMM
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Blue
Moon Closes Follow on Investment of C$4.8M from Hartree
TORONTO, Ontario, April 24, 2026 – Blue Moon Metals
Inc. (“Blue Moon” or the “Company”) (TSXV: MOON; NASDAQ:
BMM) is pleased to announce that further to its news release
dated April 22, 2026, regarding the previously announced financing with Hartree
Partners, LP (“Hartree”), a strategic partner to Blue Moon, the Company
has issued 526,617 common shares to Hartree for total gross proceeds of
approximately C$4.8 million (the “Financing”).
The Financing remains subject to final approval by the
TSX Venture Exchange. No finder’s fees were paid in connection with the
Financing, and the common shares issued pursuant to the Financing are subject
to a statutory 4-month and one day hold period. The proceeds from the Financing
are expected to be used for project development at the Company’s brownfield
polymetallic projects, as well as for general corporate purposes.
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 lists
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.
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.
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.