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Blue Moon Metals signs deal to sell Norway unit to Alpha Future Funds’ VMS for US$15 million in shares

PUBT·06/26/2026 20:26:39
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Blue Moon Metals signs deal to sell Norway unit to Alpha Future Funds’ VMS for US$15 million in shares
  • Alpha Future Funds’ VMS Explorations will buy 100% of Nye Sulitjelma Gruver, combining both groups’ Sulitjelma mining-district permits in Norway.
  • Consideration totals USD 15 million, paid in new VMS shares, leaving Blue Moon Metals with a 30% stake in the combined company.
  • VMS will issue 1,285 shares to Blue Moon at a deemed USD 11,666.67 per share.
  • Closing targeted around Nov. 30, 2026, subject to at least CAD 10 million financing, followed by a planned VMS listing within 18 months.


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 via PR Newswire (Ref. ID: 202606261625PR_NEWS_USPR_____TO93430) on June 26, 2026, and is solely responsible for the information contained therein.