Blue Lagoon Resources Inc.

Blue Lagoon Resources Inc. provides additional technical information regarding the mineral projects of Metal Mountain Resources Inc. The Company previously announced on February 27 that it had entered into a binding letter agreement to acquire 100% of the outstanding shares of Metal Mountain, a private British Columbia company. Metal Mountain holds a 50.84% interest in Gavin Mines Inc. which in turn holds a 100% interest [...]

Blue Lagoon Resources Inc. is pleased to announce the Company and Metal Mountain Resources Inc., a private BC Company, have replaced the non-binding letter of intent announced on February 25 with a binding letter agreement, for the acquisition by Blue Lagoon of 100% of the outstanding shares of Metal Mountain in exchange for approximately 12.15 million shares of Blue Lagoon. Pursuant to the letter agreement, on closing of [...]

Blue Lagoon Resources Inc. is pleased to announce that it has signed a non-binding letter of intent to acquire 100% of the outstanding shares of Metal Mountain Resources Inc. , a private British Columbia company. Metal Mountain holds a 50.84% interest in Gavin Mines Inc. , which in turn holds a 100% interest in the Dome Mountain Mine located near the town of Smithers in northwest British Columbia. Metal Mountain also [...]

Blue Lagoon Resources Inc. is pleased to announce that the Company has commissioned and is funding a National Instrument 43-101 Technical Report on behalf of Quebec based Mag One Operations , a company in which Blue Lagoon has the right to acquire a 70% joint venture interest. The purpose of the technical report is to establish a current mineral resource for magnesium oxide at the Normandie tailings pile site located near [...]

Blue Lagoon Resources Inc. announces that, effective immediately, it has qualified and upgraded to trade on the OTCQB under the symbol BLAGF. The Company's shares continue to be listed on the Canadian Securities Exchange under the symbol BLLG and on Frankfurt Stock Exchange under the symbol 7BL. To be eligible, the OTCQB Venture Market, operated by OTC Markets Group Inc., requires companies to remain current and compliant [...]

Blue Lagoon Resources Inc. is pleased to announce that it has completed the second tranche of its non-brokered private placement described in its news release dated January 3, 2020. In connection with the second tranche closing, the Company issued 100,000 common shares at a price of $1.50 per share for gross proceeds of $150,000. "This $150,000 trance completes our previous closing of $850,000 at $1.50, bringing the total [...]

Blue Lagoon Resources Inc. is pleased to announce that Quebec based Mag One Operations , a company in which Blue Lagoon has the right to acquire a 70% joint venture interest, has received an initial purchase order from India-based Tata Steel, one of the largest steel manufacturers in the world with a presence in 5 continents, to evaluate the feasibility of using the proprietary, game-changing Tech Mag Technology, from a [...]

Blue Lagoon Resources Inc. is pleased to announce that it has completed the first tranche of its non-brokered private placement described in its news release dated January 3, 2020. In connection with the first tranche closing, the Company issued 566,666 common shares at a price of $1.50 per share for gross proceeds of $850,000. The Company intends to use the funds to conduct mineral exploration work to advance its [...]

Blue Lagoon Resources Inc. is pleased to announce that earlier this morning, the Company and its President & CEO, Rana Vig, were chosen by the CSE to open the day's trading by ringing the traditional bell. "I'm very proud to have been asked to ring the bell and open the markets this morning. This tradition of opening and closing the markets with the ringing of the bell dates back to the 1800s and an invitation to [...]

Blue Lagoon Resources Inc. is pleased to announce that it is working diligently towards advancing its newly optioned property - the Gordon Lake Gold Project located 110 km north of Yellowknife, Northwest Territories , Canada. The Company is getting ready to begin its Phase One program and has signed a General Services Agreement with Aurora Geosciences of Yellowknife, NWT. "With over 30 years of experience in the region [...]