Blue Moon Metals Inc exits OTCQX, uplists to Nasdaq Capital Market with ticker BMM

Blue Moon Metals Inc has commenced trading on the Nasdaq Capital Market under the ticker symbol BMM and simultaneously appointed seasoned capital markets executive Peter Madsen to its board of directors. The transition, effective January 26, 2026, signals a strategic repositioning by the polymetallic mining company to deepen U.S. investor access, bolster institutional visibility, and support long-term growth across its critical metals portfolio. The company will continue trading on the TSX Venture Exchange under MOON and the Frankfurt Stock Exchange under 8SX0 but will cease activity on the OTCQX, streamlining its presence across major capital markets.

This Nasdaq debut is not merely a symbolic upgrade. It reflects a calculated capital markets strategy designed to attract deeper institutional capital pools, improve trading liquidity, and anchor Blue Moon Metals Inc’s broader commercial ambitions in the U.S., particularly around its Springer processing plant and California mine operations. The decision to add Peter Madsen—a finance veteran with more than four decades of experience across buy-side, sell-side, and alternative asset strategies—to the board suggests the company is preparing for more aggressive investor engagement, capital structuring, and growth in U.S. markets.

How does Blue Moon Metals Inc’s Nasdaq listing reshape its strategic access to U.S. capital and institutional liquidity?

The decision to list on Nasdaq is expected to elevate Blue Moon Metals Inc’s visibility among both retail and institutional investors in the United States. For smaller-cap mining companies, especially those focused on critical metals such as zinc, copper, and silver, U.S. listing status plays a material role in unlocking access to thematic funds, ESG-aligned portfolios, and resource-focused institutions that screen for Nasdaq participation. The removal from OTCQX consolidates trading channels and reduces confusion or split liquidity, especially for U.S. investors seeking direct access through mainstream brokerages.

For Blue Moon Metals Inc, this visibility gain is timed deliberately. The company is progressing toward the acquisition and reactivation of the Springer processing plant in Nevada, a move that is central to its growth narrative. That facility is expected to serve as a hub for high-grade polymetallic ores sourced from the Blue Moon Mine in Mariposa County, California. With development activities already underway, including the construction of an exploration decline at the mine site, the company is preparing to shift into operational execution in 2026.

In that context, the Nasdaq listing functions not as an end goal but as a key enabler. It allows the company to market its value proposition to a broader investment base while creating optionality for future capital raises or debt structuring as needed. Blue Moon Metals Inc is clearly positioning itself for capital deployment across its North American asset base and using its upgraded exchange status to support that trajectory.

What does Peter Madsen’s board appointment signal about Blue Moon Metals Inc’s capital formation and governance strategy?

The timing of Peter Madsen’s board appointment is tightly aligned with the Nasdaq uplisting and reflects a strategic strengthening of the company’s governance framework. Madsen brings a wealth of financial market experience that dates back to his early career at L.F. Rothschild and Bear Stearns, where he rose to Senior Managing Director by the age of 29. His subsequent roles included Chief Investment Officer of Alpha Investment Management, leadership of his own family office, and a senior role at Countrywide Alternative Asset Management during the 2008 financial crisis.

Currently serving as Senior Managing Director at Deer Isle Capital, Madsen is focused on strategic capital formation for corporations and asset managers. His expertise in capital structuring, arbitrage, and institutional fundraising aligns well with Blue Moon Metals Inc’s ambitions to grow its shareholder base and potentially enter more complex financing or acquisition agreements in the coming quarters. His appointment provides Blue Moon with a board-level capability to directly interface with U.S. capital markets and navigate the evolving institutional landscape for critical metals investing.

The involvement of institutional stakeholders such as Oaktree Capital Management and Hartree Partners LP—who together form the company’s largest shareholder group—further indicates that Blue Moon is looking to mature its capital structure and liquidity profile. These investors will likely look to Madsen as a conduit for maximizing U.S. market positioning and aligning board strategy with shareholder return expectations.

How do Blue Moon Metals Inc’s U.S. processing and exploration plans tie into its broader critical metals strategy?

Blue Moon Metals Inc is advancing a three-project critical metals portfolio that includes two assets in Norway—the Nussir copper-gold-silver project and the NSG copper-zinc project—and the Blue Moon zinc-gold-silver-copper project in the United States. While the Norwegian developments are progressing through technical studies and underground development, the U.S. assets offer near-term synergies through the acquisition and integration of the Springer processing facility.

The company’s U.S. growth strategy hinges on the Springer plant serving as a centralized processing hub for both its California operations and potential new acquisitions in the Western United States. Management has indicated that Blue Moon Metals Inc is actively evaluating other high-grade underground critical metals projects that could be brought online quickly and feed ore to Springer. If successful, this model could create a vertically integrated regional footprint that positions the company as a mid-tier supplier of critical materials, many of which are listed on both the U.S. Geological Survey and European Union critical metals lists.

Notably, Blue Moon is also revisiting the historical tungsten-molybdenum resources at Springer, suggesting that reactivation of the mine could be in scope once copper-zinc throughput is stabilized. The addition of tungsten would enhance the company’s alignment with global strategic mineral initiatives, particularly for defense and industrial applications.

What is the progress status of Blue Moon Metals Inc’s Norwegian projects and how might they affect investor sentiment?

Alongside its U.S. expansion, Blue Moon Metals Inc continues to report meaningful progress at its Norwegian assets, particularly the Nussir and NSG projects. At Nussir, the company has advanced underground access by more than 650 metres and completed Phase 1 of its surface construction. Phase 2 is currently underway and includes site preparation for major electrical infrastructure, process plant facility upgrades, and housing improvements.

The feasibility study for Nussir remains on track for publication in February 2026, with the final investment decision anticipated the following month. Blue Moon Metals Inc has also launched a 4,000 metre directional drilling program at Nussir aimed at extending known mineralization at depth and upgrading the current resource. The exploration approach includes advanced wedge drilling and step-outs from existing high-grade intercepts that suggest potential for expanded copper, platinum, and palladium inclusion in the updated resource model.

At NSG, the company’s contractor Fauskebygg AS has completed portal modifications and is extending the underground tunnel to support a 10,000 metre exploration program. The geological team is also reviewing historical drill core from the Rupsi deposit and has mapped new exploration targets across the license area. Importantly, the current inferred resource at Rupsi stands at 9.23 million tonnes of 1.19 percent copper and 0.31 percent zinc, with additional upside potential from gold, silver, sulfur, and cobalt mineralization under evaluation.

These development milestones in Norway complement the company’s U.S. activities by signaling pipeline optionality and potential future production diversity. For investors, the presence of active projects on two continents lowers jurisdictional concentration risk while enhancing resource upside.

What execution risks and investor considerations remain as Blue Moon Metals Inc enters 2026?

While Blue Moon Metals Inc appears to be gaining momentum, several execution risks remain. The integration of the Springer processing plant will depend on the timely completion of the acquisition and subsequent rehabilitation and permitting work. Any delays in operationalizing Springer could push out the revenue timeline for the U.S. assets and reduce near-term throughput expectations.

Permitting in California and Nevada will also need to be navigated carefully, particularly in the context of expanding underground operations and redeveloping historical assets. On the capital side, the company will need to align exploration expenditures with capital availability and may look to its institutional shareholders or public markets to support further financing.

Commodity price volatility, especially for zinc and copper, remains a background factor that could influence investor sentiment. Although Blue Moon Metals Inc is operating within the framework of critical minerals demand, pricing cycles will still affect project economics and financing conditions.

Analyst sentiment toward Blue Moon has generally been positive in recent quarters, with upward price movement and early signs of increased liquidity. However, a sustained valuation uplift will likely depend on timely project execution, communication of key milestones, and conversion of exploration activity into economic resources.

What the Nasdaq listing means for Blue Moon Metals Inc and its strategic positioning in 2026

The Nasdaq uplisting and concurrent board expansion mark a pivotal inflection point for Blue Moon Metals Inc. This is no longer a junior miner positioning itself on future potential alone. Instead, the company is actively building an integrated platform across the United States and Norway, with the governance, infrastructure, and investor alignment needed to execute. The next 12 months will reveal whether Blue Moon Metals Inc can convert this structural positioning into tangible delivery across its mining and processing portfolio.

What the Nasdaq listing means for Blue Moon Metals Inc and the critical metals investment landscape

• Blue Moon Metals Inc has begun trading on the Nasdaq Capital Market under ticker BMM, replacing its former OTCQX listing while maintaining TSXV and Frankfurt listings.

• The company simultaneously appointed Peter Madsen, a seasoned capital markets executive, to its board of directors to deepen U.S. investor engagement.

• The listing is part of a broader U.S. growth strategy anchored by the acquisition of the Springer processing facility in Nevada.

• Blue Moon Metals Inc plans to process high-grade ore from its California operations at Springer while evaluating additional underground assets in the region.

• The company is advancing its Nussir and NSG projects in Norway, both of which are showing strong development momentum and resource upside.

• The Nasdaq listing could significantly improve trading liquidity and institutional visibility, potentially supporting future capital formation.

• Execution risks remain tied to the Springer plant acquisition, permitting in California and Nevada, and the integration timeline.

• Commodity price fluctuations, particularly for copper and zinc, will influence valuation sensitivity despite macro tailwinds from critical minerals demand.

• Blue Moon Metals Inc’s alignment with strategic investors such as Oaktree Capital Management and Hartree Partners LP suggests potential support for future expansion.

• The combination of U.S. and European assets provides jurisdictional balance and long-term optionality in the global critical metals supply chain.