Blue Gold Limited, a next-generation gold development and technology company, has secured an additional $65 million in committed funding to support the restart of the Bogoso-Prestea gold mine in Ghana, bringing its total secured capital for the project to $140 million.

The latest funding, sourced from an institutional investor, is structured as a secured loan dedicated solely to reviving the 5.1 million-ounce Bogoso-Prestea operation. The funds are currently being held in escrow pending the resolution of an ongoing lease dispute with the Government of Ghana.

In a statement, Blue Gold’s Chief Executive Officer, Andrew Cavaghan, expressed optimism about the company’s financial capacity and long-term vision for the project.

“This funding, combined with our earlier commitments, underscores our readiness to invest in and restart the mine to return it to full production,” Cavaghan said.

He noted that actions taken by the previous Ghanaian administration in September 2024, which terminated the Bogoso and Prestea mining leases, prevented the company from deploying its secured funds. Blue Gold has since challenged the legality of that termination, and the matter is now the subject of international arbitration.

“We remain confident of achieving a resolution — whether through arbitration or settlement — to bring this important mine back into operation as swiftly as possible,” he added.

The Bogoso-Prestea mine forms a cornerstone of Blue Gold’s strategy to tokenize gold production, a move aimed at developing what the company calls the world’s first global, gold-backed digital currency. This initiative is being driven by the company’s newly established Digital Division.

Listed on NASDAQ under the ticker BGL, Blue Gold Limited focuses on acquiring and developing high-value gold assets in strategic global jurisdictions. The company’s approach combines responsible resource development with innovative monetization models, including asset-backed digital instruments that integrate traditional mining with modern financial technology.

Blue Gold emphasizes its commitment to sustainable operations, transparency, and the application of technology to redefine how gold is produced, accessed, and owned in the 21st century.

The company reiterated that this announcement includes forward-looking statements under the U.S. Private Securities Litigation Reform Act of 1995, cautioning that actual results may vary due to economic conditions, regulatory developments, or changes in gold demand.

Additional information can be found in Blue Gold Limited’s filings with the U.S. Securities and Exchange Commission (SEC), including its Form 20-F filed on July 1, 2025.