Blue Gold Ltd

Blue Gold Ltd (BGL) News & Events

$0.188

-0.015 (-8.20%)At close

BGL News

BGL Events

8/25 17:00

Blue Gold Files $20M Mixed Securities Shelf

Blue Gold files $20M mixed securities shelf

7/28 07:30

Blue Gold Appoints Andrew Cavaghan as Chairman of the Board

Blue Gold announced that CEO Andrew Cavaghan has been appointed chairman of the board, succeeding Dan Owiredu, who has retired from the board following the company's annual general meeting held on July 24.

7/23 09:00

Blue Gold Signs Multiple Strategic Acquisition Term Sheets

Blue Gold announced that it has entered into multiple strategic acquisition term sheets as it executes its strategy to build a diversified portfolio of producing gold mining assets. Over the past 30 days, Blue Gold has executed non-binding term sheets with a number of independent mining companies to acquire all, or substantially all, of their operating businesses. Each of the proposed acquisitions represents an established operating mining business with existing or historic production, experienced operating teams and the prospect of near-term positive cash flow. The company believes completion of any one of these transactions has the potential to materially increase Blue Gold's operating scale, generate near-term operating profit sufficient to substantially cover corporate overhead and provide a platform for continued organic and acquisition-driven growth.

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