Mr. Patrick McGrath reports

BLUE MOON ANNOUNCES CLOSING OF STRATEGIC FINANCING

Blue Moon Metals Inc. has closed a non-brokered private placement offering of common shares for proceeds of $500,240. The financing was priced at 6.5 cents per common share. The proceeds of the financing will be used for the company's Blue Moon project, including an updated mineral resource report, and other work to advance and maintain the project. The proceeds will also be used for working capital and the review of other opportunities. There were no warrants and no finders' fees associated with the financing. The shares issued pursuant to the financing are subject to a four-month hold period.

About Blue Moon Metals Inc.

Blue Moon Metals is advancing its Blue Moon polymetallic deposit which contains zinc, gold, silver and copper. The property is well located with existing local infrastructure including paved highways three miles from site, a hydroelectric power generation facility a few miles from the site, a three-hour drive to the Oakland port and a four-hour drive to the service centre of Reno. Zinc is currently on the USGS (United States Geological Survey) list of metals critical to the U.S. economy and national security. A National Instrument 43-101 resource report is available on the company's website and was filed on SEDAR on Nov. 20, 2018. The company also holds the Yava polymetallic project in Nunavut that is in the same volcanic lithologies and south of Glencore's Hackett River deposit.

We seek Safe Harbor.