Blue Lagoon Completes Second Tranche Of Private Placement
ACCESS Newswire
10 Oct 2019, 12:49 GMT+10
VANCOUVER, BC / ACCESSWIRE / October 10, 2019 / Blue Lagoon Resources Inc. (the 'Company') (CSE:BLLG)(FSE:7BL)(OTC:BLAGF) is pleased to announce that it has completed the second tranche of its non-brokered private placement (the 'Offering') described in its news release dated September 16, 2019. In connection with the second tranche closing, the Company issued 250,000 common shares at a price of $1.00 per share for gross proceeds of $250,000.
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 issued will be subject to a hold period expiring six 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: [email protected]
The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
SOURCE: Blue Lagoon Resources Inc.
View source version on accesswire.com:
https://www.accesswire.com/562684/Blue-Lagoon-Completes-Second-Tranche-Of-Private-Placement
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