Blue Lagoon completes further $100.000 Private Placement

(businesspress24) - Blue Lagoon completes further $100.000 Private Placement

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Vancouver, BC - November 14, 2019 - Blue Lagoon Resources Inc. (the Company), (CSE:BLLG - WKN:A2PNJ8 - FWB:7BL - OTC:BLAGF) is pleased to announce that it has completed a non-brokered private placement of 100,000 flow-through common shares at a price of $1.00 per share for gross proceeds of $100,000.

This additional $100,000 financing nicely tops up our previous two tranches, bringing the total raised to $1.1 Million at $1 per share. This allows us to set aside $550,000 of flow-through funds specifically allocated and reserved for our summer 2020 exploration program, said Rana Vig, President and CEO.

The shares are be subject to a hold period expiring four months and one day from the date of issuance.


For further information, please contact:
Rana Vig
President and Chief Executive Officer
Telephone: +16042184766
Email: ranavig(at)gmail.com


The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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Date: 11/14/2019 - 04:11
Language: English
News-ID 1553907
Character count: 5500
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Firma: Blue Lagoon Resources Inc.
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Stadt: Wien
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