VANCOUVER, BC / ACCESSWIRE / November 14, 2019 / Blue Lagoon Resources Inc. (the "Company") (CSE:BLLG)(FSE:7BL)(OTC PINK: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: 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.
