On January 17, 2024, the company amended the terms of the transaction and announced that it has issued 7,857,857 common shares of the company at a price of CAD 0.14 per share for gross proceeds of CAD 1,100,100 in its first tranche closing. The transaction included participation from new investor, Nicola Mining Inc. for more than 90% of the offering and other investors. Due to strong demand, the company expects to close a second tranche of up to CAD 200,000.
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5-day change | 1st Jan Change | ||
0.3100 CAD | +16.98% |
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+106.67% | +100.00% |
Stocks mentioned in the article
Price |
Change |
5d. change |
Capi. | ||
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0.3500CAD | +16.67% | +18.64% | 35.96M | ||
0.3100CAD | +16.98% | +106.67% | 21.76M | ||
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- News Blue Lagoon Resources Inc.
- Blue Lagoon Resources Inc. announced that it has received CAD 1 million in funding from Nicola Mining Inc. and other investors