Blue Moon adds tungsten, antimony projects for $20.5M
Blue Moon Metals (TSXV: MOON, Nasdaq: BMM) said it acquired 33 western U.S. tungsten and antimony projects, including near its Springer complex. The seller will receive 2.8M Blue Moon shares plus about $5M cash and a 1% net smelter return royalty per project. Blue Moon cited USGS data on past production and China’s dominance; shares fell 2% to C$7.52.


