NEW YORK, NY, Oct. 29, 2025 (GLOBE NEWSWIRE) -- Blue Gold Limited (Nasdaq: BGL) ("Blue Gold" or the “Company”), a next-generation gold development and technology company, sets out its vision, mission and strategy to become a market leading vertically integrated gold company. Blue Gold will seamlessly blend physical gold with digital innovation by tokenizing gold and aims to also give token holders the means to spend those tokens in real world situations globally.
Mission-Driven Innovation: Mine, Tokenize & Transact
Blue Gold’s mission is to unlock gold’s true potential as a borderless payment medium, introducing a gold backed currency for the first time since 1971.
The Company is building a seamless value chain, which will include mining gold, vaulting and verifying it in state-of-the-art facilities, and tokenizing it into a blockchain-based digital currency. In parallel the Company is developing a digital payment platform to enable token holders to spend their gold to buy goods and services globally.
“Blue Gold is aiming to create the first global gold-backed digital currency. It is a bold and audacious plan, but it is supported by significant macro trends that include the wider use of the blockchain to tokenize real world assets. Gold has always been a store of value, but in the past 50-years fiat currencies have become de linked to hard value, leading to significant devaluation over time. We want to return it to real-money, using the block chain,” said Andrew Cavaghan, Chief Executive Officer.
Dual-Division Model: Physical + Digital
Physical Division: The Company plans to run this division from the UK and the UAE. This division will be involved in the development and operation of long-life gold mines; as well as the acquisition of gold sourced from strategic partnerships.
The Company continues to plan for the restart of the Bogoso and Prestea gold mine, and is actively considering other gold mining acquisition opportunities in Latin America, West Africa and beyond. In the meantime, the new gold trading division will be established in the UAE to immediately start acquiring gold for tokenization.
The UK has a long tradition of mining and gold trading and vaulting, and is host to the largest gold trading exchange in the world. The UAE is an emerging global hub for gold, benefiting from political neutrality, state-of-the-art vault infrastructure, and zero tax environment.
Digital Division: The Company shall establish the headquarters for the Digital Division in the US. It will be responsible for managing an independent trust which will own the gold, acquired by the Physical Division and then tokenize it. The Digital Division will also be responsible for managing the outsourced storage and auditing of the gold, so that token holders can redeem their token for gold at any time. In addition, the division is building “Blue Gold One”: a universal, secure wallet that lets holders make instant payments, store, or transfer their gold-backed tokens, all on a regulated blockchain.
The United States provides a cutting-edge regulatory environment for blockchain and digital asset innovation, with clear legal rights for gold ownership, strong consumer protection, and access to the world’s largest pool of capital. By issuing the tokens in the US Blue Gold will be able to directly market these tokens to US citizens, giving them access to this opportunity.
About Blue Gold Limited
Blue Gold Limited (Nasdaq: BGL) is a next-generation gold development company focused on acquiring and aggregating high-potential mining assets across strategic global jurisdictions. The Company’s mission is to unlock untapped value in the gold sector by combining disciplined resource acquisition with innovative monetization models, including asset-backed digital instruments. Blue Gold is committed to responsible development, operational transparency, and leveraging modern financial technologies to redefine how gold is produced, accessed, and owned in the 21st century.
Blue Gold prioritizes growth, sustainable development, and transparency in all our business practices. We believe that our commitment to responsible mining will enable us to create value for our shareholders while minimizing our environmental footprint.
Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the safe harbor for forward-looking statements provided by Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on these forward-looking statements, which are current only as of the date of this press release. Each of these forward-looking statements involves risks and uncertainties. Important factors that could cause actual results to differ materially from those discussed or implied in the forward-looking statements include, but are not limited to: general economic or political conditions; negative economic conditions that could impact Blue Gold Limited and the gold industry in general; reduction in demand for Blue Gold Limited's products; changes in the markets that Blue Gold Limited targets; and any change in laws applicable to Blue Gold Limited or any regulatory or judicial interpretation. As a result, we cannot assure you that the forward-looking statements included in this press release will prove to be accurate or correct. These and other important factors and risks are discussed in Blue Gold Limited’s shell company report on Form 20-F, filed with the U.S. Securities and Exchange Commission (the “SEC”) on July 1, 2025, and other filings with the SEC. In light of these risks, uncertainties, and assumptions, the future performance or events described in the forward-looking statements in this press release might not occur. Accordingly, you should not rely upon forward-looking statements as a prediction of actual results, and we do not assume any responsibility for the accuracy or completeness of any of these forward-looking statements. Except as required by applicable law, we do not undertake any obligation to, and will not, update any forward-looking statements, whether as a result of new information, future events, or otherwise. For more information regarding Blue Gold Limited, please visit https://bluegoldmine.com.
No Offer or Solicitation
This press release shall not constitute a solicitation of a proxy, consent, or authorization with respect to any securities or in respect of the proposed business combination. This press release shall also not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or an exemption.
For Further Information Contact:
Tavistock Communications
BlueGold@tavistock.co.uk
+44 20 7920 3150
Skyline Corporate Communications Group, LLC
Scott Powell, President
One Rockefeller Plaza, 11th Floor
New York, NY 10020
Office: (646) 893-5835
Email: info@skylineccg.com
