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Blue Lagoon Enters Into Strategic Shareholder Agreement With Crescat and Its Geologist, Dr. Quinton Hennigh


Press release content from Accesswire. The AP news staff was not involved in its creation.
Blue Lagoon Enters Into Strategic Shareholder Agreement With Crescat and Its Geologist, Dr. Quinton Hennigh
August 3, 2021 GMT
VANCOUVER, BC / ACCESSWIRE / August 3, 2021 / Blue Lagoon Resources Inc. (the “Company”) (CSE:BLLG)(FSE:7BL)(OTCQB:BLAGF) is pleased to announce it has entered into a Strategic Shareholder Agreement with Crescat Capital LLC, and its geologist, Dr. Quinton Hennigh. As announced on July 8, Crescat made a strategic investment of C$1.5 million in Blue Lagoon, also securing participation rights for future financings. Under the agreement, Dr. Hennigh will provide expertise regarding Blue Lagoon’s exploration and development strategy and other geological and technical matters. ....

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Blue Lagoon Resources Inc.: Blue Lagoon Enters Into Strategic Shareholder Agreement With Crescat and Its Geologist, Dr. Quinton Hennigh


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VANCOUVER, BC / ACCESSWIRE / August 3, 2021 / Blue Lagoon Resources Inc. (the
Company ) (CSE:BLLG)(FSE:7BL)(OTCQB:BLAGF) is pleased to announce it has entered into a Strategic Shareholder Agreement with Crescat Capital LLC, and its geologist, Dr. Quinton Hennigh. As announced on July 8, Crescat made a strategic investment of C$1.5 million in Blue Lagoon, also securing participation rights for future financings. Under the agreement, Dr. Hennigh will provide expertise regarding Blue Lagoon s exploration and development strategy and other geological and technical matters.
Quinton brings valuable experience and technical knowledge relevant to our operations at Dome Mountain which will prove to be greatly beneficial as we work towards advancing this highly prospective and under explored project, said Rana Vig, President & CEO. ....

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Blue Lagoon Announces $5.5 Million Financing Lead by a Strategic Investment by Crescat Capital for $1.5 Million


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Accesswire
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VANCOUVER, BC / ACCESSWIRE / July 8, 2021 / Blue Lagoon Resources Inc. (the
Company ) (CSE:BLLG)(FSE:7BL)(OTCQB:BLAGF) is pleased to announce a non-brokered flow through and non-flow through financing.
Crescat Capital LLC ( Crescat ) has agreed to be the lead order by making a strategic investment of $1.5 Million or more than 27% of the proposed $5.5 Million financing. In addition, Crescat requested and secured, participation rights that provide for an option to participate in future financings.
Crescat is taking an activist approach to investing in the precious metals industry today, said Kevin Smith, Crescat s founder and chief investment officer. Our goal at this stage of the cycle is to identify and invest in a portfolio of potentially big, high-grade discoveries in the hands of undervalued juniors where we can help unlock value. We a ....

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