VANCOUVER, BC / ACCESSWIRE / November 1, 2019 / Blue Lagoon Resources Inc. (the "Company") (CSE:BLLG)(FSE:7BL)(OTC:BLAGF) is pleased to announce that it has completed the third and final tranche of its non-brokered private placement described in its news release dated September 16, 2019. In connection with the third tranche closing, the Company issued flow-through common shares at a price of $1.00 per share for gross proceeds of $450,000.
The Company intends to use the funds to conduct mineral exploration work to advance its properties as well as for general working capital. The securities will 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: 604-218-4766
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
