NICOLA MINING INC. (NICM) Form 6-K — Sep 2, 2026
Nicola Mining and Ocean Partners UK Limited have committed a combined $10.0 million in financing to Blue Lagoon Resources, with each party investing $5.0 million to support development and the production ramp-up of Blue Lagoon's 100%-owned Dome Mountain Gold and Silver Project near Smithers, British Columbia. Nicola's investment was completed through a private placement at $0.60 per share, resulting in the acquisition of 8,333,333 common shares. This builds on the company's earlier $1.0 million investment at $0.14 per share completed in January 2024, while Ocean Partners has now committed $8.0 million to Blue Lagoon in total.
Key figures
- Deal Value Usd
- $10.0 million
- Shares Acquired
- 8333333
- Nicola Investment
- $5.0 million
- Targeted Throughput
- 150-200 tonnes per day
- Prior Nicola Investment
- $1.0 million at $0.14 per share (January 17, 2024)
- Ocean Partners Investment
- $5.0 million
- Ocean Partners Prior Investment
- $3.0 million
- Ocean Partners Total Commitment
- $8.0 million
- Private Placement Price Per Share
- $0.60
AI analysis
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