Blue Lagoon Resources Inc.

Blue Lagoon Resources Inc. is pleased to announce that it has entered into a credit agreement with its toll milling partner, Nicola Mining Inc., providing the Company with a $2 million line of credit, without any security against the Company's mineral property or physical assets. The facility, which carries a competitive interest rate linked to the 3-month SOFR , is repayable over a 12-month term with interest-only [...]

Blue Lagoon Resources Inc. is pleased to announce that it has completed the final tranche of its previously announced private placement financing by issuing 8,900,000 units at a price of $0.25 per Unit for gross proceeds of $2,225,000 . This brings the total proceeds raised across four tranches to $4,871,750. The final tranche was subscribed for entirely by existing shareholders and strategic investors, including Crescat [...]

Blue Lagoon Resources Inc. is pleased to announce that it will be completing a final tranche of its previously announced private placement financing by issuing up to 7,200,000 units at a price of $0.25 per Unit for gross proceeds of up to $1,800,000 . The Offering is in addition to the $2,646,750 raised across three previous tranches for a total of $4,446,750 to be raised by the Company. The final tranche is being taken [...]

Blue Lagoon Resources Inc. is pleased to announce that it has closed a third tranche of its previously announced non-brokered private placement , bringing the total funds raised across the three tranches to $2,646,750. In this third tranche, the Company issued 5,397,000 units at a price of $0.25 per Unit, raising gross proceeds of $1,349,250. "We are very pleased to close another successful tranche of our financing, which [...]

Blue Lagoon Resources Inc. is pleased to announce the addition of Peter Bojtos, P.Eng to its recently formed Mining Committee that is tasked with successfully guiding the Company's transition from an exploration-focused company to a near-term gold and silver producer at its 100%-owned Dome Mountain Gold Project in British Columbia. Mr. Bojtos is a Professional Engineer with over 50 years of worldwide experience in the [...]

Blue Lagoon Resources Inc. is pleased to announce that it has closed a second tranche of its previously announced non-brokered private placement , bringing the total funds raised across both tranches to $1,297,500. In this second tranche, the Company issued 2,800,000 units at a price of $0.25 per Unit, raising gross proceeds of $700,000. The financing saw continued participation from key institutional investors and [...]

Blue Lagoon Resources Inc. is pleased to announce that it has closed a second tranche of its previously announced non-brokered private placement , bringing the total funds raised across both tranches to $1,297,500. In this second tranche, the Company issued 2,800,000 units at a price of $0.25 per Unit, raising gross proceeds of $700,000. The financing saw continued participation from key institutional investors and [...]

Blue Lagoon Resources Inc. is pleased to announce that it has closed the first tranche of the non-brokered private placement offering previously announced by the Company on February 24, 2025. The Company issued 2,390,000 units at a price of $0.25 per Unit for aggregate gross proceeds of $597,500. Each Unit consists of one common share in the capital of the Company and one-half of one transferrable common share purchase [...]

Blue Lagoon Resources Inc. is pleased to announce the formation of a Mining Committee, marking another major step in the Company's transition from an exploration-focused company to a near-term gold and silver producer at its 100%-owned Dome Mountain Gold Project in British Columbia. A Strong Foundation for Growth The Mining Committee has been strategically assembled to provide technical guidance, operational oversight [...]

Blue Lagoon Resources , shares a message from the President of the company: Dear Shareholders and Investors, We are now at one of the most exciting moments in Blue Lagoon Resources' history. With our final mine permits now secured, we have officially entered the final stretch toward gold and silver production at our high-grade Dome Mountain Gold Project. A Rare and Unique Opportunity Most junior mining companies spend [...]