BLLG.CN · 2024-12-03 12:00:00

Blue Lagoon Announces Arrangements to Address Mailing of Shareholders Meeting Materials Resulting from Canada Post Strike

Shareholder Meetings

FSE: 7BL

CSE: BLLG

OTCQB: BLAGF

1416-2410-1393, v. 1

BLUE LAGOON ANNOUNCES ARRANGEMENTS TO ADDRESS MAILING

OF SHAREHOLDERS MEETING MATERIALS RESULTING FROM

CANADA POST STRIKE

December 3, 2024 – Vancouver, British Columbia – Blue Lagoon Resources Inc. (the “Company”)

(CSE: BLLG; FSE: 7BL; OTCQB: BLAGF) is providing an update to its shareholders regarding the impact

of the strike by the Canadian Union of Postal Workers on the Company’s ability to comply with its

obligations to deliver its meeting materials to shareholders in connection with its upcoming annual general

meeting of shareholders scheduled to be held on December 31, 2024 (the “Meeting”).

Due the postal strike , the Notice of Meeting, Information Circular and related proxy materials (the

“Meeting Materials ”) may not be delivered to shareholders prior to the Meeting in accordance with

regulatory requirements. The Meeting Materials have been filed on the Company’s website and on the

Company’s SEDAR+ profile at www.sedarplus.ca. Shareholders will still be able to vote their shares either

directly by proxy (for registered shareholders) or indirectly through their intermediary (for unregistered

shareholders who hold their shares through brokerage firms or other intermediaries). Instructions respecting

voting can be obtained as outlined below.

The Company will provide copies of the Meeting Materials by email to each entitled shareholder who

requests same while the strike is ongoing, at no charge. Shareholders can direct requests for copies of the

Meeting Materials to Rana Vig, President and CEO, at the contact details below.

If you are a registered shareholder, please contact Rana Vig, President and CEO, at the contact details below

to obtain your proxy form control number to cast your vote for the upcoming M eeting. If you hold shares

through an intermediary such as a brokerage firm, please contact your intermediary directly for a copy of

the proxy form and instructions for voting.

The deadline for voting by proxy for the Meeting is 10:00 a.m. (Pacific time) on December 27, 2024.

For further information, please contact:

Rana Vig

President and Chief Executive Officer

Telephone: 604-218-4766

The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility

for the adequacy or accuracy of this news release.