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11.07.25 - 14:15
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Blue Lagoon Resources Officially Opens Dome Mountain Gold Mine in British Columbia (The Newswire)
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July 11, 2025 – TheNewswire - Vancouver, British Columbia – Blue Lagoon Resources Inc. (the “Company”) (CSE: BLLG; OTCQB: BLAGF; FSE: 7BL) is pleased to announce the official opening of its wholly owned Dome Mountain Gold Mine Project, that recently received its mining permit – making it one of only nine mining permits granted in British Columbia in the past decade - and one of just a few high-grade, road-accessible gold projects to reach production-ready status in recent years.
The celebration, held on July 9, 2025, brought together over 100 guests from across Canada and abroad — including attendees from Germany, South Carolina, Denver, Montana and Toronto — to mark this significant milestone for the Company and the region.
Dignitaries in attendance included the Mayor of Smithers, Gladys Atrill; MLA Sharon Hartwell (Bulkley Valley-Stikine); and MP Ellis Ross (Skeena-Bulkley Valley). Also present were various representatives from the Ministry of Mines and Critical Minerals and other provi...
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30.06.25 - 14:15
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Blue Lagoon Announces Major Steps Toward Production: Fully Funded, Government Inspections Passed, and Water Treatment Plant Completed (The Newswire)
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June 30, 2025 – TheNewswire - Vancouver, British Columbia – Blue Lagoon Resources Inc. (the “Company”) (CSE: BLLG; OTCQB: BLAGF; FSE: 7BL) is pleased to provide a corporate update highlighting significant progress at its Dome Mountain Gold Project as it prepares to enter production in a strong gold market.
“We are fully funded, fully permitted, and now entering the final stages of mine readiness — with no short-term debt, multiple successful government inspections, and a water treatment plant that has now been completed,” said Rana Vig, President and CEO. “The confidence shown by our institutional investors, along with new strategic backing and the recently signed $2 million line of credit — not secured against our property — from Nicola Mining, gives us the flexibility to fund mining and development without delay. We're ready — and we're moving quickly toward cash flow.”
FULLY FUNDED WITH STRONG BACKING AND NO DEBT
Blue Lagoon recently completed a successful non-brokered financi...
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26.06.25 - 19:45
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Blue Lagoon Resources Added to CSE25 Index - Recognized Among 25 Largest Companies on the Canadian Securities Exchange (The Newswire)
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June 26, 2025 – TheNewswire - Vancouver, British Columbia – Blue Lagoon Resources Inc. (the “Company”) (CSE: BLLG; OTCQB: BLAGF; FSE: 7BL) is pleased to announce that it has been added to the CSE25 Index, the Canadian Securities Exchange's benchmark index that tracks the top 25 issuers by market capitalization.
The CSE25 Index is a sub-index of the CSE Composite Index and includes the largest companies by market capitalization on the exchange. Inclusion in the index represents a significant achievement for Blue Lagoon, reflecting its growing market capitalization, strong shareholder support, and providing increased visibility among institutional investors.
“Being added to the CSE25 is a meaningful indication of the progress that we have made,” said Rana Vig, President & CEO of Blue Lagoon Resources. “With a fully permitted project, funding in place, and gold production expected to begin this summer, our inclusion in the index is a reflection of both market confidence and the strength...
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23.06.25 - 14:01
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Blue Lagoon Secures $2 Million Line of Credit from Nicola Mining Enhancing Financial Flexibility Ahead of Production (The Newswire)
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June 23, 2025 – TheNewswire - Vancouver, British Columbia – Blue Lagoon Resources Inc. (the “Company”) (CSE: BLLG; FSE: 7BL; OTCQB: BLAGF) 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 (Secured Overnight Financing Rate), is repayable over a 12-month term with interest-only payments during the first eleven months. At the Company's discretion, the loan can be extended for an additional 12 months, with adjusted terms.
Importantly, the loan is structured to allow maximum operational flexibility, with no requirement for project collateralization — underscoring Nicola's confidence in the Dome Mountain Gold Project and its near-term production trajectory.
“We're extremely pleased to have the continued support o...
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29.04.25 - 21:45
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Blue Lagoon Closes Final Tranche Of Financing - Fully Funded To Commence Production (The Newswire)
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April 29, 2025 – TheNewswire – Vancouver, British Columbia – Blue Lagoon Resources Inc. (the “Company”) (CSE: BLLG; FSE: 7BL; OTCQB: BLAGF) is pleased to announce that it has completed the final tranche of its previously announced private placement financing (see news releases dated February 24 and March 31, 2025) by issuing 8,900,000 units (“Units”) at a price of $0.25 per Unit for gross proceeds of $2,225,000 (the “Offering”). 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 Capital and Nicola Mining, both of whom increased their positions in the Company. The Offering was met with strong demand and was oversubscribed.
Rana Vig, President and CEO, commented:
"This overwhelming support — especially from highly sophisticated shareholders like Crescat and Nicola — signals tremendous confidence in Blue Lagoon's future. We are now fully funde...
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16.04.25 - 21:01
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Blue Lagoon Announces Final Tranche Of Private Placement (The Newswire)
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April 16, 2025 – Vancouver, British Columbia – TheNewswire - Blue Lagoon Resources Inc. (the “Company”) (CSE: BLLG; FSE: 7BL; OTCQB: BLAGF) is pleased to announce that it will be completing a final tranche of its previously announced private placement financing (see news releases Feb 24 and March 31) by issuing up to 7,200,000 units (“Units”) at a price of $0.25 per Unit for gross proceeds of up to $1,800,000 (the “Offering”). 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 up entirely by existing shareholders and strategic investors who support the Company's vision as it transitions into production.
Each Unit is comprised of one common share of the Company and one-half of one common share purchase warrant. Each whole warrant is exercisable into one common share of the Company at an exercise price of $0.35 per share for period of two years from the date of issuance....
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31.03.25 - 14:15
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Blue Lagoon Continues to Strengthen Treasury to Fund Final Preparations of Mine Site and Initial Working Capital to Fund Commencement of Production (The Newswire)
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March 31, 2025 – TheNewswire - Vancouver, British Columbia – Blue Lagoon Resources Inc. (the “Company”) (CSE: BLLG; FSE: 7BL; OTCQB: BLAGF) is pleased to announce that it has closed a third tranche of its previously announced non-brokered private placement (the “Offering”), bringing the total funds raised across the three tranches to $2,646,750.
In this third tranche, the Company issued 5,397,000 units (the “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 saw participation from both new and existing shareholders,” said Rana Vig, President and CEO of Blue Lagoon Resources. “This continued support underscores the confidence in our vision as we move closer to commencing gold and silver production at Dome Mountain. These funds will be instrumental in completing the final preparations of the mine site, including the completion of our water treatment facility, and will also p...
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24.03.25 - 13:00
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Blue Lagoon Resources Strengthens Mining Committee (The Newswire)
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March 24, 2025 – TheNewswire - Vancouver, British Columbia – Blue Lagoon Resources Inc. (the “Company”) (CSE: BLLG; FSE: 7BL; OTCQB: BLAGF) 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 mining industry.
Over his career he has visited and evaluated properties in nearly 80 countries and has been involved with operations in 30 of them. He has carried out more than 15 significant corporate acquisitions, mergers or sales that involved 24 operating mines and he was the regional exploration manager at Kerr Addison at the time of the staking and subsequent discovery of what eventually became Inmet's Troilus gold-copper mine in Quebec. Mr. Bojtos has participat...
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18.03.25 - 00:15
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Blue Lagoon Completes Second Tranche of Private Placement - Crescat Capital, Phoenix Gold Fund and Nicola Mining Increase Their Positions. (The Newswire)
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March 17, 2025– Vancouver, British Columbia – TheNewswire - Blue Lagoon Resources Inc. (the “Company”) (CSE: BLLG; FSE: 7BL; OTCQB: BLAGF) is pleased to announce that it has closed a second tranche of its previously announced non-brokered private placement (the “Offering”), bringing the total funds raised across both tranches to $1,297,500.
In this second tranche, the Company issued 2,800,000 units (the “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 stakeholders, including Crescat Capital LLC, Phoenix Gold Fund, and the Company's toll milling partner, Nicola Mining, all of whom have previously invested in Blue Lagoon. This marks Crescat's fifth investment in the Company over the past three years, further validating its confidence in Dome Mountain's potential, while Phoenix Gold Fund and Nicola Mining's increased participation underscores their ongoing belief and support f...
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17.03.25 - 21:15
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Blue Lagoon Completes Second Tranche of Private Placement - Crescat Capital, Phoenix Gold Fund and Nicola Mining Increase Their Positions (The Newswire)
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February 17, 2025– Vancouver, British Columbia – TheNewswire - Blue Lagoon Resources Inc. (the “Company”) (CSE: BLLG; FSE: 7BL; OTCQB: BLAGF) is pleased to announce that it has closed a second tranche of its previously announced non-brokered private placement (the “Offering”), bringing the total funds raised across both tranches to $1,297,500.
In this second tranche, the Company issued 2,800,000 units (the “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 stakeholders, including Crescat Capital LLC, Phoenix Gold Fund, and the Company's toll milling partner, Nicola Mining, all of whom have previously invested in Blue Lagoon. This marks Crescat's fifth investment in the Company over the past three years, further validating its confidence in Dome Mountain's potential, while Phoenix Gold Fund and Nicola Mining's increased participation underscores their ongoing belief and support f...
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05.03.25 - 08:21
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Blue Lagoon Resources beendet erste Tranche von Privatplatzierung (Rohstoff-Welt)
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Blue Lagoon Resources Inc. meldete kürzlich, dass es die erste Tranche seiner Privatplatzierung beendet hat. In deren Rahmen wurden 2.390.000 Einheiten zu einem Preis von 0,25 Dollar für einen Bruttoerlös von 597.500 Dollar ausgegeben. Jede Einheit besteht aus einer Stammaktie des Unternehmens und einem halben Aktienkaufwarrant. Jeder vollständige Kaufwarrant berechtigt den Halter bis zum 4. März 2027 eine weitere Aktie zu einem Preis von 0,35 Dollar zu erwerben. Die Nettoeinnahmen sollen für das Dome-Mountain-Goldprojekt sowie für allgemeine Unternehmenszwecke verwendet werden....
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05.03.25 - 00:02
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Blue Lagoon Completes First Tranche of Private Placement (The Newswire)
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March 4, 2025 – Vancouver, British Columbia – TheNewswire - Blue Lagoon Resources Inc. (the “Company”) (CSE: BLLG; FSE: 7BL; OTCQB: BLAGF) is pleased to announce that it has closed the first tranche of the non-brokered private placement offering (the “Offering”) previously announced by the Company on February 24, 2025. The Company issued 2,390,000 units (the “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 warrant. Each whole warrant (a “Warrant”) entitles the holder to purchase one additional common share of the Company at an exercise price of $0.35 per share until March 4, 2027.
The proceeds raised from the Offering are expected to be used to advance the Dome Mountain gold project that recently received it mining permits and for general corporate purposes. The securities issued under the Offering are subject to a four ...
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19.02.25 - 14:15
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Blue Lagoon Resources Forms Mining Committee to Oversee Transition to Production (The Newswire)
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February 19, 2025 – TheNewswire - Vancouver, British Columbia – Blue Lagoon Resources Inc. (the “Company”) (CSE: BLLG; FSE: 7BL; OTCQB: BLAGF) 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, and strategic planning expertise as Blue Lagoon moves forward towards production. While Dome Mountain remains a highly prospective district-scale property with 15 known high-grade gold veins and less than 10% of the land package explored, the Company's primary focus is on safely, responsibly and efficiently mining its fully permitted deposit while self-funding future exploration and resource expansion.
"This committee brings together an exceptional grou...
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12.02.25 - 14:15
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Message from the President & CEO of Blue Lagoon Resources (The Newswire)
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February 12, 2025 – TheNewswire – Blue Lagoon Resources (CSE:BLLG), (OTC:BLAGF) 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 years exploring with only the hope of one day making it to production. Those few that do receive a mine permit must still raise and spend tens - if not hundreds - of millions of dollars to build infrastructure and fund development before ever mining an ounce of gold.
Blue Lagoon is different.
Over the past few years, we have strategically invested more than $30 million into Dome Mountain, ensuring that when we reached this milestone, we would be ready to move forward with minimal additional capital requirements. Now, wit...
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06.02.25 - 13:31
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Blue Lagoon Receives Final Mine Permits for its Dome Mountain Gold Project in British Columbia - Poised To Become BCs Next Gold Producer (The Newswire)
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February 6, 2025 – TheNewswire - Vancouver, British Columbia – Blue Lagoon Resources Inc. (the “Company”) (CSE: BLLG; FSE: 7BL; OTCQB: BLAGF) is pleased to announce that it has received its mining permit from the Ministry of Mining and Critical Minerals and its effluent/discharge permit from the Ministry of Environment and Parks for its 100% owned Dome Mountain Gold Project, an all-year road accessible project located a short 50-minute drive from Smithers, British Columbia, Canada. The achievement of this milestone truly marks a transformative moment for the Company as it transitions from an exploration-focused company to a near-term gold and silver producer.
"It is incredibly rare for a junior mining company to evolve from pure exploration into production, and today, we proudly stand on the brink of that transformation,” said Rana Vig, President and CEO of Blue Lagoon Resources. “Securing the final mine permit is not just a milestone - it's a testament to the relentless dedication of ou...
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03.12.24 - 22:18
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Blue Lagoon Announces Arrangements to Address Mailing of Shareholders Meeting Materials Resulting from Canada Post Strike (The Newswire)
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December 3, 2024 – Vancouver, British Columbia – TheNewswire – Blue Lagoon Resources Inc. (the “Company”) (CSE: BLLG; FSE: 7BL; OTCQB: BLAGF) is providing an update to its shareholders regarding the impact of the strike by the Canadian Union of Postal Workers on the Company's ability to comply with its obligations to deliver its meeting materials to shareholders in connection with its upcoming annual general meeting of shareholders scheduled to be held on December 31, 2024 (the “Meeting”).
Due the postal strike, the Notice of Meeting, Information Circular and related proxy materials (the “Meeting Materials”) may not be delivered to shareholders prior to the Meeting in accordance with regulatory requirements. The Meeting Materials have been filed on the Company's website and on the Company's SEDAR+ profile at www.sedarplus.ca. Shareholders will still be able to vote their shares either directly by proxy (for registered shareholders) or indirectly through their intermedia...
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