Blue Gold Secures One Million Ounces of Gold to Back its Standard Gold Coin
NEW YORK, NY, Dec. 02, 2025 (GLOBE NEWSWIRE) -- Blue Gold Limited (NASDAQ:BGL) ("Blue Gold" or the "Company"), a next-generation gold development and technology company, today announced that it has secured a gold supply agreement ("the Agreement") providing over 1 million ounces (31 Metric Tons) of gold - approximately US $4.2bn in value - to support production and delivery of its Standard Gold Coin. The Agreement ensures a reliable supply pipeline for Blue Gold's Gold Tokenization strategy.
Strategic Partnership with DL Hudson Dunes
This gold supply agreement represents Blue Gold's new partnership with DL Hudson Dunes, a Dubai-based commodity trader. DL Hudson Dunes operates from the UAE's Business Bay district and maintains a global trading network across Europe, Asia Pacific, and South America. DL Hudson Dunes trades a diversified portfolio of metals, oil and gas products, and recycled materials. Its strong logistics and supply-chain capabilities make it a strategic counterparty to support Blue Gold's ambition to deliver a digitally tradable, asset-backed gold product with consistent physical integrity and market depth.
Andrew Cavaghan, CEO of Blue Gold Limited, commented, "this partnership gives us the gold supply needed to launch the Standard Gold Coin. We are committed to building the Standard Gold Coin into the largest and most trusted gold-backed token in circulation, which we will do with a relentless focus on transparency and customer experience. We believe that the future of money will be in the form of tokenised gold, and the Standard Gold Coin now has all the ingredients it needs to become the dominant force in that market."
Accelerating Tokenization
The supply framework directly supports Blue Gold's Tokenization Division, which aims to convert physical gold into digitally verifiable, asset-backed coins issued under the Standard Gold Coin brand. As tokenization of real-world assets continues to gain global momentum, Blue Gold's integration of physical mining, supply, and digital distribution creates a vertically aligned model designed for scalability and transparency.
About DL Hudson Dunes
DL Hudson Dunes, headquartered in Dubai, UAE, is a global commodity trading enterprise specializing in ferrous and non-ferrous metals, oil and gas products, and recycled materials. Its international operations span Europe, Asia Pacific, and the Americas, leveraging Dubai's status as a strategic hub for energy and metals trading.
About Blue Gold Limited
Blue Gold Limited (NASDAQ:BGL) is a next-generation gold development company focused on acquiring and aggregating high-potential mining assets across strategic global jurisdictions. The Company's mission is to unlock untapped value in the gold sector by combining disciplined resource acquisition with innovative monetization models, including asset-backed digital instruments. Blue Gold is committed to responsible development, operational transparency, and leveraging modern financial technologies to redefine how gold is produced, accessed, and owned in the 21st century.
Blue Gold prioritizes growth, sustainable development, and transparency in all our business practices. We believe that our commitment to responsible mining will enable us to create value for our shareholders 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 provided by Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on these forward-looking statements, which are current only as of the date of this press release. Each of these forward-looking statements involves risks and uncertainties. Important factors that could cause actual results to differ materially from those discussed or implied in the forward-looking statements include, but are not limited to: general economic or political conditions; negative economic conditions that could impact Blue Gold Limited and the gold industry in general; reduction in demand for Blue Gold Limited's products; changes in the markets that Blue Gold Limited targets; and any change in laws applicable to Blue Gold Limited or any regulatory or judicial interpretation. As a result, we cannot assure you that the forward-looking statements included in this press release will prove to be accurate or correct. These and other important factors and risks are discussed in Blue Gold Limited's shell company report on Form 20-F, filed with the U.S. Securities and Exchange Commission (the "SEC") on July 1, 2025, and other filings with the SEC. In light of these risks, uncertainties, and assumptions, the future performance or events described in the forward-looking statements in this press release might not occur. Accordingly, you should not rely upon forward-looking statements as a prediction of actual results, and we do not assume any responsibility for the accuracy or completeness of any of these forward-looking statements. Except as required by applicable law, we do not undertake any obligation to, and will not, update any forward-looking statements, whether as a result of new information, future events, or otherwise. For more information regarding Blue Gold Limited, please visit https://bluegoldmine.com.
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