The Prospector News

Blue Lagoon Resources Added to CSE25 Index

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Blue Lagoon Resources Added to CSE25 Index

 

 

 

 

 

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.”

Posted June 27, 2025

Share this news article

MORE or "UNCATEGORIZED"


Galway Metals Intersects 8.4 g/t Gold over 4.0 Meters, 350 Meters from North Deposit

Galway Metals Inc. (TSX-V: GWM)(OTCQB: GAYMF) is pleased to report results from 11 diamond drill hol... READ MORE

September 8, 2025

Sitka Expands Rhosgobel Discovery with Intercept of 162.0 Metres of 1.02 g/t Gold from Surface, Including 71.0 Metres of 1.57 g/t Gold, at Its RC Gold Project, Yukon

Sitka Gold Corp. (TSX-V: SIG) (FSE: 1RF) (OTCQB: SITKF) is pleased to announce additional positive ... READ MORE

September 8, 2025

Blackrock Silver Announces Updated Mineral Resource Estimate for the Tonopah West Project

Blackrock Silver Corp. (TSX-V: BRC) (OTCQX: BKRRF) (FSE: AHZ0) is pleased to report the resul... READ MORE

September 8, 2025

Vizsla Silver Enters US$220M Project Finance Mandate with Macquarie to Fund Development of the Panuco Project

Vizsla Royalties Corp. (TSX-V: VROY) (OTCQB: VROYF)  is pleased to highlight the mandate let... READ MORE

September 8, 2025

Kinross sells portion of Asante Gold shares

Kinross Gold Corporation (TSX: K) (NYSE: KGC) announced today that it has sold an aggregate of 29,85... READ MORE

September 8, 2025

Copyright 2025 The Prospector News