Blue Moon Metals & Alpha Future Funds Combine Sulitjelma Holdings

Blue Moon Metals Inc. and Alpha Future Funds S.C.S. (AFF) have signed a binding share purchase agreement to combine their holdings in the Sulitjelma Mining District, Norway. AFF's subsidiary, VMS Explorations AS, will acquire Blue Moon's subsidiary, Nye Sulitjelma Gruver AS (NSG), for US$15 million payable in new VMS shares. This transaction will give Blue Moon a 30% holding in the combined entity, aiming to integrate development and streamline advancement towards production at the historic copper-gold mine. The acquisition is expected to close around November 30, 2026, subject to VMS raising a minimum of C$10 million and listing on a recognized stock exchange within 18 months.