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Shareholder Notices
1. Annual General Meeting - Postponement
The annual general meeting of the shareholders of Blue Gold Limited previously scheduled for 10:00am Eastern Time on July 13, 2026 (the Meeting) as set out in a notice to shareholders placed on this website on June 15, 2026 (the Notice) has been postponed. The re scheduled time and date for holding of the postponed Meeting will be 11:00am Eastern Time on July 24, 2026. Any votes or abstentions in advance that have been instructed by a shareholder using the internet voting procedures set out in the Notice will be counted at the postponed Meeting, unless the shareholder changes or withdraws such election prior to the time of holding of the postponed Meeting in the same manner. We encourage shareholders to revisit the information set out in the Notice as it relates to postponed meetings, including in respect of the application of proxies. The Notice is available here: Notice
2. Bogoso Prestea Lease Dispute (Republic of Ghana)
Overview
Blue Gold is currently in a lease dispute with the Government of Ghana relating to its Bogoso Prestea mining leases. On 20 September 2024, the Minerals Commission of Ghana issued a notice of termination of the leases, which the Company disputes.
Current status
Discussions to resolve the lease dispute are ongoing with the Government of Ghana. In parallel, Blue Gold Holdings Limited has commenced international arbitration proceedings against the Republic of Ghana to protect the Company's legal rights and the interests of its shareholders.
Impact on the Company's strategy
Subject to resolving the lease dispute with the Government of Ghana, the first phase of the Company's strategy is to restart Bogoso Prestea production, initially focused on oxide material, followed by a second phase move to processing refractory material. In the short term,the Company's intention is to start producing gold as soon as practicable by processing open pit oxide and high gravity underground material in order to support the transition to new mining techniques. Blue Gold also plans to commence a definitive feasibility study as part of the planned transition of the mine to processing refractory material in the medium term. Any restart of production at Bogoso Prestea, and the implementation of the Company's broader strategy for the project, is subject to resolution of the lease dispute and the outcome of the international arbitration proceedings.
Status: Ongoing. International arbitration commenced; commercial discussions with the Government of Ghana continue in parallel. The Company will provide updates through its regular news releases and regulatory filings as material developments occur. Readers should not assume that the absence of an update means there has been no change to the matters described above.
Forward-Looking Statements
This page contains"forward-looking statements" within the meaning of applicable securities laws, including statements regarding the Company's plans, strategy, and the potential outcomes of the legal and regulatory proceedings described above.
Forward-looking statements include, without limitation, statements regarding the anticipated restart of production at Bogoso Prestea, theprocessing of oxide and refractory material, the planned definitive feasibilitystudy, the outcome of the lease dispute with the Government of Ghana, the international arbitration proceedings, and any related legal or strategic actions.Forward-looking statements are based on assumptions and estimates that the Company believes are reasonable as of the date made, but are subject to known and unknown risks, uncertainties, and other factors, many of which are beyond the Company's control, that could cause actual results to differ materially from those expressed or implied. These factors include, without limitation, the outcome oflegal and regulatory proceedings, regulatory and political risks in jurisdictions in which the Company operates, commodity price fluctuations,financing risks, and the other risk factors described in the Company's public regulatory filings. Forward-looking statements speak only as of the date they are made. The Company disclaims any obligation to update or revise any forward-looking statement except as required by applicable law. Readers should not place undue reliance on forward-looking statements.
Further Information
For investor enquiries: Investor Relations BlueGold Limited Email: ir@bluegold.com
For media enquiries: Media Relations Blue GoldLimited Email: media@bluegold.com
Registered office: Blue Gold Limited 94 SolarisAvenue PO Box 1348 Grand Cayman, KY1-1108 Cayman Islands
Blue Gold is currently in a lease dispute with the Government of Ghana relating to its Bogoso Prestea mining leases. On 20 September 2024, the Minerals Commission of Ghana issued a notice of termination of the leases, which the Company disputes.
Current status
Discussions to resolve the lease dispute are ongoing with the Government of Ghana. In parallel, Blue Gold Holdings Limited has commenced international arbitration proceedings against the Republic of Ghana to protect the Company's legal rights and the interests of its shareholders.
Impact on the Company's strategy
Subject to resolving the lease dispute with the Government of Ghana, the first phase of the Company's strategy is to restart Bogoso Prestea production, initially focused on oxide material, followed by a second phase move to processing refractory material. In the short term,the Company's intention is to start producing gold as soon as practicable by processing open pit oxide and high gravity underground material in order to support the transition to new mining techniques. Blue Gold also plans to commence a definitive feasibility study as part of the planned transition of the mine to processing refractory material in the medium term. Any restart of production at Bogoso Prestea, and the implementation of the Company's broader strategy for the project, is subject to resolution of the lease dispute and the outcome of the international arbitration proceedings.
Status: Ongoing. International arbitration commenced; commercial discussions with the Government of Ghana continue in parallel. The Company will provide updates through its regular news releases and regulatory filings as material developments occur. Readers should not assume that the absence of an update means there has been no change to the matters described above.
Forward-Looking Statements
This page contains"forward-looking statements" within the meaning of applicable securities laws, including statements regarding the Company's plans, strategy, and the potential outcomes of the legal and regulatory proceedings described above.
Forward-looking statements include, without limitation, statements regarding the anticipated restart of production at Bogoso Prestea, theprocessing of oxide and refractory material, the planned definitive feasibilitystudy, the outcome of the lease dispute with the Government of Ghana, the international arbitration proceedings, and any related legal or strategic actions.Forward-looking statements are based on assumptions and estimates that the Company believes are reasonable as of the date made, but are subject to known and unknown risks, uncertainties, and other factors, many of which are beyond the Company's control, that could cause actual results to differ materially from those expressed or implied. These factors include, without limitation, the outcome oflegal and regulatory proceedings, regulatory and political risks in jurisdictions in which the Company operates, commodity price fluctuations,financing risks, and the other risk factors described in the Company's public regulatory filings. Forward-looking statements speak only as of the date they are made. The Company disclaims any obligation to update or revise any forward-looking statement except as required by applicable law. Readers should not place undue reliance on forward-looking statements.
Further Information
For investor enquiries: Investor Relations BlueGold Limited Email: ir@bluegold.com
For media enquiries: Media Relations Blue GoldLimited Email: media@bluegold.com
Registered office: Blue Gold Limited 94 SolarisAvenue PO Box 1348 Grand Cayman, KY1-1108 Cayman Islands
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Gold has always been money. We deliver it from the source.
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Blue Gold Limited
Building the Modern Gold Standard
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Blue Gold Limited
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