Blue Moon Metals to Sell Norwegian Assets For $220 Million in All-Shares Transaction

11:28 AM EST, 11/03/2026 (MT Newswires) -- Blue Moon Metals (MOON.V) is selling its Norwegian assets in an all-share transaction valued at $220 million, the company said on Tuesday. ACG Metals will acquire Blue Moon Norway, which includes the construction-stage Nussir copper mine and the exploration-stage NSG property. The transaction is expected to close by Nov. 30. Blue Moon will focus on its US critical minerals assets, with the aim of putting the Springer and Apex Mines into production by the end of next year, a statement said. The company's shares were last seen down CA$0.14 at CA$5.25 on the TSX Venture Exchange. Price: 5.21, Change: -0.18, Percent Change: -3.34