A&O Shearman advises on Blue Moon Metals’ CAD156.25 million “bought deal” equity offerings

The 10,625,000 common shares included 625,000 shares sold pursuant to the partial exercise of the underwriters’ over-allotment option. Concurrently, Blue Moon Metals completed a private placement of 5,000,000 common shares at CAD10.00 per share.

The offerings together resulted in aggregate gross proceeds to the company of CAD156.25 million, before deducting commissions and offering expenses. The public offering and concurrent private placement were both conducted on a “bought deal” basis. The public offering was conducted under the SEC’s Multijurisdictional Disclosure System for Canadian issuers (MJDS).

Blue Moon Metals is a Canadian mineral exploration and development company focused on advancing its polymetallic brownfield projects, including the Nussir copper-gold-silver and NSG copper-zinc-gold-silver projects in Norway, and the Blue Moon zinc-gold-silver-copper, Springer tungsten-molybdenum, and Apex germanium-gallium-copper projects in the United States. 

The A&O Shearman team was led by U.S. capital markets partner Ryan Robski, with key support from counsel Ana Aur, associate Nick Slagter and law clerk Melani Vilenchik.

U.S. capital markets partner Jason Lehner provided additional support. Environmental partner Ken Rivlin and associate Olivia Kreft provided advice on environmental matters. Financial services regulatory associate Taylor Pugliese provided advice on FINRA matters. Tax partner Larry Crouch and associate Daniel Kachmar provided tax advice.