Mergers & Acquisitions ·
ACG Metals agrees to acquire Blue Moon Norway for US$220M in stock
BMMBlue Moon Metals Inc.
ACG Metals Limited has entered into a definitive share purchase agreement to acquire 100% of the outstanding equity securities of Blue Moon Norway AS, including the construction-stage Nussir copper mine and exploration-stage NSG property. The all-share transaction is valued at US$220 million, subject to customary adjustments. Blue Moon will receive approximately 8,853,632 ACG Class A Ordinary Shares, representing a 27.6% ownership stake on a basic basis. Closing is anticipated by November 30, 2026, pending ACG shareholder approval and other regulatory conditions. The deal allows Blue Moon to streamline its portfolio and focus on U.S. critical metals assets while maintaining equity exposure to the Norwegian operations through ACG. Blue Moon Metals Inc. operates in the mining industry, developing polymetallic projects for critical minerals such as zinc, copper, tungsten, and germanium.