Blue Lagoon Launches Private Placement Financing

Blue Lagoon Resources (TSE:BLLG) has released an update.

Blue Lagoon Resources Inc. has announced a private placement financing, offering units at a price of $0.11 each, aiming to raise up to $250,000. The units include a common share and a transferable warrant, exercisable at $0.14 for two years. The funds will be used for general working capital, with the offering subject to approval by the Canadian Securities Exchange.

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