Blue Gold Announces Receipt of Nasdaq Notification Regarding Minimum Market Value of Publicly Held Shares Deficiency

NEW YORK, NY, July 27, 2026 /PRNewswire/ — Blue Gold Limited (Nasdaq:BGL) (Nasdaq: BGLWW) (“Blue Gold” or the “Company”), a gold miningcompany with the infrastructure to deliver gold from mine-to-wallet, todayannounced that the Company received a notificationletter (the “Notification Letter”) from the Listing Qualifications Departmentof the Nasdaq Stock Market LLC (“Nasdaq”), notifying the Company that it iscurrently not in compliance with the minimum Market Value of Publicly HeldShares ("MVPHS") requirement set forth under Nasdaq Listing Rule5550(b)(2).

Nasdaq Listing Rule 5450(b)(3)(C) requires companies listed on theNasdaq Global tier to maintain a minimum MVPHS of US$15 million and NasdaqListing Rule 5810(c)(3)(D) provides that a deficiency exists if a company failsto meet the minimum MVPHS requirement for a period of 30 consecutive businessdays. Based on the market value of the Company from June 10, 2026, to July 23,2026, the Company no longer meets the minimum market value requirement.

The Notification Letter does not impact the Company’s listing on TheNasdaq Capital Market at this time. In accordance with Nasdaq Listing Rule5810(c)(3)(D), the Company has been provided 180 calendar days, or untilJanuary 20, 2027, to regain compliance with Nasdaq Listing Rule 5540(b)(3)(C).To regain compliance, the Company’s MLPHS must closed at $15,000,000 or more fora minimum of 10 consecutive business days. In the event the Company does notregain compliance by January 20, 2027, the Company may be eligible foradditional time to regain compliance or may face delisting. In the event ofsuch a notification, the Nasdaq rules permit the Company an opportunity toappeal Nasdaq’s determination.

The Company’s business operations are not affected by the receipt of theNotification Letter. The Company intends to actively monitor its MVPHS andevaluate available options to regain compliance within the applicablecompliance period. As part of this process, the Company currentlyintends to apply to transfer its listing to The Nasdaq Capital Market, subjectto meeting the applicable continued listing requirements.

About Blue Gold Limited

Blue Gold Limited (Nasdaq: BGL) (Nasdaq: BGLWW) is gold miningcompany with the infrastructure to deliver gold from mine-to-wallet. TheCompany’s mission is to explore, develop and operate high-quality miningprojects while leveraging modern technologies to sell the gold directly to endcustomers in tokenized form. Blue Gold prioritizes growth, sustainabledevelopment, and transparency in all its business practices. We believe thatour commitment to responsible mining will enable us to create value for ourshareholders 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 providedby Section 21E of the Securities Exchange Act of 1934, as amended, andthe Private Securities Litigation Reform Act of 1995. You are cautionednot to place undue reliance on these forward-looking statements, which arecurrent only as of the date of this press release. Each of theseforward-looking statements involves risks and uncertainties. Importantfactors that could cause actual results to differ materially from thosediscussed or implied in the forward-looking statements include, but are notlimited to: general economic or political conditions; negative economicconditions that could impact Blue Gold Limited and the gold industry ingeneral; reduction in demand for Blue Gold Limited's products; changes in themarkets that Blue Gold Limited targets; and any change in laws applicable toBlue Gold Limited or any regulatory or judicial interpretation.  As a result, we cannot assure you that theforward-looking statements included in this press release will prove to beaccurate or correct. These and other important factors and risks are discussedin Blue Gold Limited’s annual report on Form 20-F, filed with the U.S.Securities and Exchange Commission (the “SEC”) on April 29, 2026, and otherfilings with the SEC.  In light of theserisks, uncertainties, and assumptions, the future performance or eventsdescribed in the forward-looking statements in this press release might not occur.Accordingly, you should not rely upon forward-looking statements as aprediction of actual results, and we do not assume any responsibility for theaccuracy or completeness of any of these forward-looking statements. Except asrequired by applicable law, we do not undertake any obligation to, and willnot, update any forward-looking statements, whether as a result of newinformation, future events, or otherwise. For more information regarding BlueGold Limited, please visit our website at bluegoldltd.com

No Offer or Solicitation

This press release shall not constitute a solicitation of a proxy,consent, or authorization with respect to any securities. This press releaseshall also not constitute an offer to sell or the solicitation of an offer tobuy any securities.

For Further Information Contact:
Dave Gentry

RedChip Companies, Inc.

1-800-REDCHIP (733-2447)

1-407-644-4256

BGL@redchip.com