Blue Moon Metals Inc.
For the period ended Aug 13, 2026. Filed Aug 13, 2026.
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Aug 13, 2026 · Filed Aug 13, 2026
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EX-99.1 · 21. COMMITMENTS
- COMMITMENTS
The Company entered into contracts for underground mining and associated development work related to the Nussir project. As at June 30, 2026, the Company has contractual commitments to spend in accordance with such contracts totaling approximately $44.6 million. Except as otherwise disclosed in the financial statements, there are no other commitments.
The Company’s mineral properties are subject to several net smelter return (“NSR”) and royalty obligations as summarized below:
| Project | Country | Royalty / NSR |
|---|---|---|
| Nussir | Norway | 0.75% NSR |
| NSG | Norway | 0.5% NSR |
| Blue Moon | USA | 0.5% NSR on certain claims, capped at US$500,000 3% NSR on certain claims, capped at US$200,000 |
| Springer | USA | 2.0% NSR on main Springer claims sliding scale 3.0% to 5.0% GRR on certain concessions, subject to buydown to 1.5% |
| Apex | USA | 0.5% NSR to Teck Resources, 3.0% NSR to Royal Gold on claims acquired from Teck Resources 2.0% to Liberty Gold on claims other than claims on SITLA, subject to buydown to 1.0% 4.0% NSR to SITLA for claims on SITLA leases (8.0% for fissionable minerals) |
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