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Blue Gold Limited Appoints Market Leader Hype Partners to Support Launch of its Standard Gold Coin
Globenewswire· 2025-11-12 15:47
Core Insights - The appointment of Hype Partners is aimed at accelerating the pre-registration and official launch of Standard Gold Coin (SGC), a digital token backed by physical gold [1][2] - The partnership will support the global launch of SGC and help build the BlueGoldOne Community [2] Company Overview - Blue Gold Limited (Nasdaq: BGL) is a next-generation gold development and technology company focused on acquiring high-potential mining assets globally [6] - The company's mission is to unlock untapped value in the gold sector through disciplined resource acquisition and innovative monetization models, including asset-backed digital instruments [6] - Blue Gold emphasizes responsible development, operational transparency, and leveraging modern financial technologies to redefine gold production and ownership in the 21st century [6][7] Leadership Comments - Andrew Cavaghan, CEO of Blue Gold, stated that Hype will help amplify awareness of SGC, targeting both the established crypto community and those new to digital assets [3] - Danny Gazit, CEO of Hype Partners, expressed excitement about launching the world's first gold-backed global currency, emphasizing the importance of widespread awareness of its benefits [4] Community Engagement - Interested users can pre-register for early access to SGC and the One App by submitting their email on the company's website [4][5] - Approved registrants will receive exclusive updates and launch details ahead of public availability, highlighting the company's commitment to community engagement [5]
Blue Gold Limited to Acquire 90% of Mampon Gold & Copper Mine, unlocking Major Resource Upside
Globenewswire· 2025-07-23 12:05
Core Viewpoint - Blue Gold Limited has signed a non-binding term sheet to acquire 90% of the Mampon Gold Mine in Ghana, which is expected to enhance its portfolio and provide significant resource growth potential with a premium valuation of $35 per share [1][2][3] Transaction Overview - The acquisition involves Blue Gold acquiring 90% ownership of a Ghana-based company holding the Mampon mining lease, with the Government of Ghana retaining 10% [3][4] - An initial share issuance worth approximately USD 26.25 million will be made to complete the acquisition, based on a share price of USD 35 [3] - Additional payments will be made based on confirmed gold and copper resources, with up to USD 45 per ounce for gold (capped at 6 million ounces) and up to USD 55 per ton for copper (capped at 4 million tons) [3][4] Strategic Acquisition - The Mampon Gold Mine has an estimated 300,000 ounces of Measured & Indicated gold resources and is strategically located 80 km north of Bogoso, benefiting from reliable infrastructure [4] - This acquisition complements Blue Gold's existing operations and aligns with its mission of responsible and sustainable mining while unlocking long-term shareholder value [4][5] Company Profile - Blue Gold Limited is focused on acquiring high-potential mining assets globally and aims to redefine gold production and ownership through innovative monetization models, including asset-backed digital instruments [5][6] - The company emphasizes growth, sustainable development, and operational transparency in its business practices [6]