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Blue Lagoon Resources Completes Final Tranche of Financing, Fully Funded for Production

AinvestTuesday, Apr 29, 2025 4:26 pm ET
1min read

Blue Lagoon Resources has completed the final tranche of its private placement financing, raising $2.23 million and bringing the total proceeds to $4.87 million. The company will use the funds to complete the water treatment plant at its Dome Mountain Gold Project and provide initial working capital as it prepares to commence production in summer 2025.

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BranchDiligent8874
04/29
Water treatment plant's the game-changer here, folks.
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wodentx
04/29
Water treatment plant upgrade is crucial. Efficient operations will boost margins. Watching BLLG for potential long-term hold.
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Ok-Afternoon-2113
04/29
Dome Mountain's gold potential is exciting. Blue Lagoon's path to production seems clearer now. Wondering if they'll find more reserves.
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LarryKingsGhost
04/29
@Ok-Afternoon-2113 Yeah, BLLG's got momentum.
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Critical-Database-49
04/29
Blue Lagoon finally fully funded. Gold production on the horizon. 🚀 Let's see if they can hit their summer 2025 target.
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Mojojojo3030
04/29
Dome Mountain vibes strong, gold mining future bright.
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LufaMaster
04/29
Summer 2025, get ready for gold rush vibes.
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OneTrickPony_82
04/29
$BLLG raising $4.87M is solid. Water treatment plant upgrade should boost efficiency. Eyes on this one for long-term growth.
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FigImpressive3401
04/29
@OneTrickPony_82 What's next for BLLG after this?
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CaseEnvironmental824
04/29
Dome Mountain project looking promising. Private placement financing tranches were well-managed. Might consider adding this to my watchlist.
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Dynasty__93
04/29
Private placement FLEX, $4.87M ain't chump change 😎
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WoodKite
04/29
Holding $BLLR long-term, gold always shines
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Haardikkk
04/29
Blue Lagoon's got the dough now, but can they avoid the rookie mistakes that sink other small caps?
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NEYO8uw11qgD0J
04/29
With the funding complete, $BLLG could see some serious upside. I'm thinking it might be worth a small speculative buy.
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SeabeeSW3
04/29
Blue Lagoon's got the dough, production's next stop.
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werewere223
04/29
Blue Lagoon's strategic financing keeps the project on track. Good move for their shareholders. Let's see if they can deliver.
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zeren1ty
04/29
Gold bugs rejoice! Blue Lagoon is all set for production now. Hope they don't hit any more snags.
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