Blue Moon Metals (TSE:MOON) has released an update.
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Blue Moon Metals Inc. has announced the divestiture of its Yava project in Nunavut to Honey Badger Silver Inc., receiving 4.25 million shares valued at roughly $340,000. This deal allows Blue Moon to focus on its core Blue Moon deposit, while retaining a stake in the Yava project’s silver exploration prospects through Honey Badger’s equity.
For further insights into TSE:MOON stock, check out TipRanks’ Stock Analysis page.