Mr. Christian Kargl-Simard reports

BLUE MOON METALS ANNOUNCES VOTING RESULTS FROM ANNUAL AND SPECIAL MEETING AND WELCOMES NEW NORWEGIAN-BASED BOARD MEMBERS

Blue Moon Metals Inc. has released the voting results from the company's annual general and special meeting of shareholders, which was held earlier today in Toronto, Canada.

A total of 65,105,641 common shares were present or represented at the meeting, representing approximately 80.53 per cent of the votes attached to the issued and outstanding common shares as at Oct. 10, 2025 (being the record date for the meeting).

Shareholders voted in favour of each of the items of business at the meeting, as detailed in the attached table.

For more details regarding the matters presented at the meeting, please refer to the management information circular dated Oct. 10, 2025, which is accessible on SEDAR+ under the company's issuer profile.

All seven elected directors will serve on the company's board of directors until the next annual meeting of shareholders, or until their successors are elected or appointed.

Haytham Hodaly, who joined the board in October, 2024, as the company embarked on its transformative journey, did not stand for re-election, as a result of his recent promotion to president of Wheaton Precious Metals Corp. The board appreciates all his insight and service over the past 12 months as the company transformed from a microcap company with a dormant project, to a company with close to $300-million market capitalization and three developing projects across two Tier 1 jurisdictions.

Mr. Hodaly commented: "I have really enjoyed being on this board and am very proud of what we've built in such a short period of time. It has been exciting times for the company and I look forward to following the company's multijurisdictional critical minerals development as a shareholder."

The company welcomes Per-Erik Bjornstad, Frode Nilsen and Richard Colterjohn to the board.

Mr. Bjornstad holds a master's degree in nature management from the Norwegian University of Life Sciences in As, with a specialization in domestic reindeer management. Since 2007, Mr. Bjornstad has served as the head of the Department for Park and Sport in Alta Municipality, Norway, where he oversees development and management of recreational sports facilities. From 1996 to 2007, he worked with the Department of Reindeer Husbandry Management, focusing on area protection and the use of geographic systems in sustainable land use planning. He is frequently engaged by the Norwegian judiciary as an expert witness in disputes involving land use conflicts between reindeer management and industrial development projects. From 2009 to 2019, Mr. Bjornstad was part of the Norwegian Olympic and National Cross-Country Skiing Team as a wax technician and currently serves as the head of Kickwaxing for the U.S. Ski Team and U.S. Olympic Cross-Country Skiing Team.

Mr. Nilsen is the president of the Norwegian tunnelling and mining company LNS Group, which he founded in 1989. He has served as the executive board chairman of the Norwegian Tunnelling Society, and has held board and chair positions in several companies, including the Norwegian iron ore company Rana Gruber. He has also been an adjunct professor at the Arctic University of Norway in Tromso.

Throughout his career, Mr. Nilsen has been involved in numerous tunnelling and mining projects across Norway, Spitsbergen, Iceland, Chile, Hong Kong, Faroe Island and Greenland. Under his leadership, the LNS Group has become one of Norway's leading contractors in underground excavation and mining, known for its expertise in Arctic and Antarctic operations, and for solving complex projects with demanding logistics. Mr. Nilsen has also been an invited speaker at several international conferences. He graduated from the University of Science and Technology in Trondheim (formerly the Norwegian Institute of Technology) in 1988 with a master of science degree in civil engineering, specializing in excavation of rock caverns, tunnels and mining.

Mr. Colterjohn has been managing partner of Glencoban Capital Management Inc., a merchant banking firm, since 2002. He brings over 30 years of experience in the mining sector as an investment banker, director and operator. Before co-founding Glencoban Capital, he served as managing director at UBS Bunting Warburg from 1992 to 2002, where he was head of mining sector investment banking activities in Canada. In 2004, he founded Centenario Copper Corp., and served as president, chief executive officer and director until its sale in 2009. Over the course of his career, Mr. Colterjohn has served on the boards of 11 other publicly traded mining companies, including Canico Resource Corp., Cumberland Resources Ltd., Viceroy Exploration Ltd., Explorator Resources Ltd., Aurico Gold Inc., Aurico Metals Inc., MAG Silver Corp., Harte Gold Corp., Roxgold Inc., Surge Copper Corp. and Taura Gold Inc. He holds a bachelor of commerce from the University of Toronto and an MBA from IMD, and is an accredited director.

About Blue Moon Metals Inc.

Blue Moon is advancing three brownfield polymetallic projects, including the Nussir copper-gold-silver project in Norway, the NSG copper-zinc-gold-silver project in Norway and the Blue Moon zinc-gold-silver-copper project in the United States. All three projects are well located with existing local infrastructure including roads, power and historical infrastructure. Zinc and copper are currently on the U.S. Geological Survey and European Union list of metals critical to the global economy and national security. Major shareholders include Oaktree, Hartree, Wheaton Precious Metals, Baker Steel Resources Trust, LNS and Monial.

We seek Safe Harbor.