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Blue Lagoon Resources Inc. 14.11.2019

Blue Lagoon completes further $100.000 Private Placement

This news release is not for distribution to U.S. newswire services for dissemination in the United States.

Vancouver, BCNovember 14, 2019Blue Lagoon Resources Inc. (theCompany”), (CSE:BLLG WKN:A2PNJ8 – FWB:7BL – OTC:BLAGF) is pleased to announce that it has completed a non-brokered private placement of 100,000 flow-through common shares at a price of $1.00 per share for gross proceeds of $100,000.

“This additional $100,000 financing nicely tops up our previous two tranches, bringing the total raised to $1.1 Million at $1 per share. This allows us to set aside $550,000 of flow-through funds specifically allocated and reserved for our summer 2020 exploration program,” said Rana Vig, President and CEO.

The shares are be subject to a hold period expiring four months and one day from the date of issuance.

For further information, please contact:
Rana Vig
President and Chief Executive Officer
Telephone: +16042184766

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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