Mr. Christian Kargl-Simard reports

BLUE MOON METALS TO BEGIN TRADING ON NASDAQ UNDER BMM AND APPOINTS PETER MADSEN TO THE BOARD OF DIRECTORS

Blue Moon Metals Inc.'s common shares will commence trading on the Nasdaq Capital Market under the symbol BMM on Monday, Jan. 26. The common shares will continue to trade on the TSX Venture Exchange under the symbol MOON and the Frankfurt Stock Exchange under the symbol 8SX0, but will no longer trade on the OTCQX under the symbol BMOOF. Upon commencement of trading on Nasdaq, shareholders are not required to take any action; however, shareholders who purchased shares on OTCQX are encouraged to monitor their brokerage accounts to ensure holdings are correctly reflected in respect of the Nasdaq listing. In support of this next phase, the company has appointed Peter Madsen to the Board of Directors with his term to commence concurrent with the Nasdaq listing.

The Nasdaq listing marks an important milestone for the company, increasing its visibility among global investors and broadening access to the U.S. capital markets. Trading on Nasdaq is expected to support the company's continued growth and long-term strategic objectives.

The company is also please to announce the appointment of Peter Madsen to the board of directors. Peter's experience and expertise will be invaluable in supporting our U.S. growth strategy. Blue Moon's growth strategy in the U.S. is anchored by the previously announced acquisition of the Springer processing plant located in Nevada, which the company expects to complete shortly. The Springer processing hub will treat the high-grade copper-zinc-gold-silver ores from the Blue Moon mine located in Mariposa county, California, where current activities include the development of an exploration decline.

Mr. Madsen, a U.S.-based director, is a seasoned finance professional with over four decades of experience in financial markets both on the sell and buy side. He began his career at L.F Rothschild in 1984 and went with colleagues to the mortgage unit at Bear Stearns in 1985. Mr. Madsen rose to senior managing director at the age of 29 and was there until 1995 when he departed to become chief investment officer of a large family office named Alpha Investment Management. After six years he left to manage his own family office. He joined Countrywide Alternative Asset Management at the outset of the 2008 financial crisis and ran a capital structure arbitrage product. He is now a senior managing director at U.S. brokerage firm Deer Isle Capital where he works on strategic capital formation for asset managers and corporations. Mr. Madsen holds a bachelor's degree in economics from the University of Colorado Boulder.

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.

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