Nicola Mining invests $5 million in Blue Lagoon private placement at $0.6 per share

Reuters2026/08/10 13:04

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Nicola Mining committed USD 5 million to Blue Lagoon Resources in a USD 10 million financing alongside Ocean Partners UK.
Investment completed via a private placement at USD 0.6 per share for 8,333,333 common shares.
Proceeds earmarked for Dome Mountain mine development, targeting a production ramp-up to 150-200 tonnes per day.
Nicola previously invested USD 1 million in Blue Lagoon on Jan. 17, 2024 at USD 0.14 per share.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nicola Mining Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608100900NEWSFILECNPR____20260810_308818_1) on August 10, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Nicola Mining invests $5 million in Blue Lagoon private placement at $0.6 per share

You may also like

Crypto prices