Blue Lagoon Resources Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Rana Vig

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	7.7yrs
CEO ownership	3.0%
Management average tenure	no data
Board average tenure	6.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Rana Vig's remuneration changed compared to Blue Lagoon Resources's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	-CA$3m
Mar 31 2024	n/a	n/a	-CA$4m
Dec 31 2023	n/a	n/a	-CA$10m
Sep 30 2023	n/a	n/a	-CA$12m
Jun 30 2023	n/a	n/a	-CA$13m
Mar 31 2023	CA$144k	CA$144k	-CA$12m
Dec 31 2022	n/a	n/a	-CA$14m
Sep 30 2022	n/a	n/a	-CA$14m
Jun 30 2022	n/a	n/a	-CA$14m
Mar 31 2022	CA$244k	CA$144k	-CA$15m
Dec 31 2021	n/a	n/a	-CA$8m
Sep 30 2021	n/a	n/a	-CA$7m
Jun 30 2021	n/a	n/a	-CA$6m
Mar 31 2021	CA$144k	CA$144k	-CA$5m
Dec 31 2020	n/a	n/a	-CA$5m
Sep 30 2020	n/a	n/a	-CA$3m
Jun 30 2020	n/a	n/a	-CA$2m
Mar 31 2020	CA$54k	CA$38k	-CA$1m
Nov 30 2019	CA$213k	CA$132k	-CA$702k

Compensation vs Market: Insufficient data to establish whether Rana's total compensation is reasonable compared to companies of similar size in the German market.

Compensation vs Earnings: Rana's compensation has been consistent with company performance over the past year.

CEO

Rana Vig (61 yo)

7.7yrs

Tenure

CA$144,000

Compensation

Mr. Rana Gurvinder Vig is CEO, Corporate Secretary & Director of Troy Minerals Inc. from 2024 and was President until 2024. Mr. Vig serves as an Independent Director at Hylands International Holdings Inc....

Board Members

Name	Position	Tenure	Compensation	Ownership
Rana Vig	President	7.7yrs	CA$144.00k	2.98% € 312.9k
Norman Brewster	Independent Director	6.2yrs	no data	0.068% € 7.1k
Ioannis Tsitos	Member of Advisory Board	4.5yrs	no data	no data
Gurdeep Bains	Independent Director	6.2yrs	CA$18.00k	0.068% € 7.1k

6.2yrs

Average Tenure

61yo

Average Age

Experienced Board: 7BL's board of directors are considered experienced (6.2 years average tenure).

Blue Lagoon Resources Management

Management criteria checks 2/4

Key information

Recent management updates

Blue Lagoon Resources Inc., Annual General Meeting, Dec 31, 2024

Insufficient new directors

Blue Lagoon Resources Inc., Annual General Meeting, Dec 29, 2023

Insufficient new directors

Blue Lagoon Resources Inc., Annual General Meeting, Dec 16, 2022

Recent updates

Blue Lagoon Resources Inc., Annual General Meeting, Dec 31, 2024

Blue Lagoon Resources Inc. announced that it has received CAD 0.3905 million in funding

Blue Lagoon Resources Inc. announced that it expects to receive CAD 0.25 million in funding

New major risk - Financial position

Insufficient new directors

New major risk - Market cap size

Blue Lagoon Resources Inc. announced that it has received CAD 1.2751 million in funding from Nicola Mining Inc., Crescat Portfolio Management LLC and other investors

Blue Lagoon Resources Inc. announced that it has received CAD 1.2751 million in funding from Nicola Mining Inc., Crescat Portfolio Management LLC and other investors

Blue Lagoon Resources Inc. announced that it has received CAD 1 million in funding from Nicola Mining Inc. and other investors

Blue Lagoon Resources Inc. announced that it expects to receive CAD 1 million in funding

Blue Lagoon Resources Inc. Provides Update on Dome Mountain Gold Project

New major risk - Financial position

Blue Lagoon Resources Inc., Annual General Meeting, Dec 29, 2023

New major risk - Market cap size

New minor risk - Shareholder dilution

Blue Lagoon Resources Inc. announced that it has received CAD 0.5 million in funding

Blue Lagoon Resources Inc. announced that it expects to receive CAD 0.5 million in funding

Blue Lagoon Resources Inc. Submits Final Mining Permit Application

Insufficient new directors

Blue Lagoon Resources Inc. Sees Potential for 1M+ Ounces Gold Along Boulder Vein

Blue Lagoon Resources Inc. Announces Final Results from the 2023 Phase I Drilling Program on Its Year-Round, Road Accessible, Dome Mountain Gold Project, Located A Short 50-Minute Drive from Smithers, British Columbia

Blue Lagoon Encounters Additional Significant Intersections from Drilling Along Strike West of the Boulder Vein Resource

Blue Lagoon Resources Inc. Encounters 11.02 Gpt Au and 2.31% Cu over 5.65 Meters Within 5.49 Gpt Au and 1.21% Cu over 16.55 Meters in A Major Step-Out Hole on the Boulder Vein

Blue Lagoon Resources Inc. Announces Results from its 2022 Ground IP and CSAMT Survey Program Completed on its Dome Mountain Gold Project

Blue Lagoon Resources Inc. Announces Results of 2022 Soils Sampling Program – Identifies New Zones for Priority Follow Up in 2023

Blue Lagoon Resources Inc., Annual General Meeting, Dec 16, 2022

Blue Lagoon Resources Inc. Announces Significant Mineralized Intercepts from First Holes of the Phase Two 2022 Drill Program on its all Year-Round and Road Accessible Dome Mountain Gold Project

Blue Lagoon Resources Inc. Encounters Significant Mineralization on the Boulder Vein

Blue Lagoon Resources Inc. Kicks Off 2022 Phase Two Drill and Exploration Program on its Dome Mountain Gold Project

Blue Lagoon Resources Inc. Announces Recent Lab Results from Its 2022 Phase One Drill Program At Dome Mountain Gold Project

Blue Lagoon Resources Inc. Announces Additional High-Grade, Visible Gold Drilling Results from the Chance Zone At Blue Lagoon's Dome Mountain Project

Blue Lagoon Resources Inc. announced that it has received CAD 1.5145 million in funding from Crescat Portfolio Management LLC

Blue Lagoon Resources Inc. Announces Exploration Drilling Update

Blue Lagoon Resources Inc. Announces Recent Drilling Encounter New High-Grade Vein Intercepts At Dome Mountain Gold Project

Blue Lagoon Announces Results of 2021 Soils Sampling Program Identifies New Zones for Priority Follow Up in 2022

Blue Lagoon Resources Inc. Encounters Multiple High-Grade Veins in New Areas At Dome Mountain

Blue Lagoon Resources Inc. (CNSX:BLLG) acquired remaining 21.73% stake in Gavin Mines Inc. for CAD 0.37 million.

Blue Lagoon Resources Inc. announced that it has received CAD 8.130909 million in funding from Crescat Portfolio Management LLC

Blue Lagoon Accelerates Drill Program - Adds Second Drill Rig at Dome Mountain

Blue Lagoon Resources Inc. Starts 2021 Soil Sampling Program on its Dome Mountain Gold Project

Blue Lagoon Resources Inc Announces That A Crew Has Been Mobilized to Commence Its Phase Two 2021 Drill Program on the Company's All Year-Round Road Accessible Dome Mountain Gold Project, Located A Short 50-Minute Drive from Smithers, British Columbia

Blue Lagoon Resources Inc. Provides Update on Dome Mountain Gold / Silver Project

Blue Lagoon Resources Inc. Announces to Provide the Following Drilling Update and Results from the 2021 Phase One Drill Program on Its Dome Mountain Gold Project

An unknown buyer entered into an agreement to acquire Golden Wonder Property located in British Columbia, Canada from Blue Lagoon Resources Inc. (CNSX:BLLG).

New 90-day low: €0.34

Blue Lagoon Resources Inc. Announces 20,000 Meter Drill Program on Its Dome Mountain Gold Project

Blue Lagoon Resources Inc.'s 2020 Drill Program Confirms Boulder Vein Open At Depth and Extends Further to the East

New 90-day low: €0.40

Blue Lagoon Resources Inc. Files Updated Technical Report on its Dome Mountain Gold Mine Project

Blue Lagoon Hits 53.76 G/T Gold over 2.2 Meters Including 83 G/T Gold over 1.13 Meters and Hits 17.69 G/T Gold over 3.13 Meters

Blue Lagoon Resources Inc. Provides Update on Its Dome Mountain Gold Project

New 90-day high: €0.58

Blue Lagoon Resources Inc. Completes Airborne Geophysical Survey - Reports Latest Drill Results

Blue Lagoon Resources Inc. Provides the Update on its Dome Mountain Gold Mine Project

Blue Lagoon Resources Inc. Announces Mining Permit Amendment Process on its Dome Mountain Gold Project Exploration Drilling Continues

New 90-day high - €0.52

Blue Lagoon Resources Inc. announced that it has received CAD 7.523705 million in funding

Blue Lagoon Resources Inc. Auditor Raises 'Going Concern' Doubt

CEO Compensation Analysis

CEO

Tenure

Compensation

Board Members

Average Tenure

Average Age