
Recognized Among 25 Largest Companies on the
Canadian Securities Exchange
Blue Lagoon Resources is pleased to announce that it has been added to the CSE25 Index, the Canadian Securities Exchange’s benchmark index that tracks the top 25 issuers by market capitalization.
The CSE25 Index is a sub-index of the CSE Composite Index and includes the largest companies by market capitalization on the exchange. Inclusion in the index represents a significant achievement for Blue Lagoon, reflecting its growing market capitalization, strong shareholder support, and providing increased visibility among institutional investors.
“Being added to the CSE25 is a meaningful indication of the progress that we have made,” said Rana Vig, President & CEO of Blue Lagoon Resources. “With a fully permitted project, funding in place, and gold production expected to begin this summer, our inclusion in the index is a reflection of both market confidence and the strength of our strategic execution.”
This announcement comes on the heels of several recent achievements:
· The Company received its final mining permit earlier this year, making it one of only nine such permits granted in British Columbia in the last decade.
· The Company strengthened its relationship with its toll milling partner, Nicola Mining, by executing a $2 million line of credit agreement — reinforcing the strategic partnership while providing non-dilutive financial flexibility. Notably, the facility is unsecured and does not require any collateral against the Dome Mountain project.
· The Company remains fully funded to first production, backed by long-term institutional and strategic investors including Crescat Capital, Phoenix Gold Fund, and
Nicola Mining. This strong financial position is further supported by a recently completed financing of over $4.8 million and more than $3.6 million in-the-money warrants, offering additional non-dilutive capital potential.
“We are entering a new phase of growth,” added Vig. “As a member of the CSE25, we look forward to reaching a broader audience of investors and continuing to create value as we move toward cash flow.”
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