{"success":true,"data":{"pressRelease":{"id":"83856","rtpr_id":"nGNX3dQ2GJ","ticker":"BGL","exchange":"NASDAQ","all_tickers":["BGL","BGLWW"],"title":"Blue Gold Receives Nasdaq Deficiency Letters and Confirms Commitment to Maintaining Nasdaq Listing","author":"Globe Newswire","published_at":"2026-07-08T20:56:44.113Z","article_body":"NEW YORK, July 08, 2026 (GLOBE NEWSWIRE) -- Blue Gold Limited (Nasdaq: BGL)\n(Nasdaq: BGLWW) (“Blue Gold” or the “Company”), a gold mining company\nwith the infrastructure to deliver gold from mine-to-wallet, today announced\nthat it has received notification from Nasdaq regarding compliance with\ncertain continued listing requirements on the Nasdaq Global Market.\n\nNasdaq Notifications\n\nOn July 1, 2026, the Company received a written notification from Nasdaq\nstating that, based on the closing bid price of the Company’s Class A\nordinary shares, par value US$0.0001 per share (the “Class A Ordinary\nShares”), for the last 30 consecutive business days, the Company’s Class A\nOrdinary Shares no longer comply with the minimum bid price requirement of\n$1.00 per share for continued listing on Nasdaq, as set forth in Nasdaq\nListing Rule 5450(a)(1) (the “Bid Price Requirement”).\n\nIn addition, on July 1, 2026, the Company received a separate written\nnotification from Nasdaq stating that the Market Value of Listed Securities\n(the “MVLS”) of the Company’s Class A Ordinary Shares has been below the\n$50 million minimum requirement for the preceding 30 consecutive business\ndays, and that the Company therefore no longer meets the minimum MVLS\nrequirement for continued listing on Nasdaq, as set forth in Nasdaq Listing\nRule 5450(b)(2) (the “MVLS Requirement”).\n\nThe notifications have no immediate effect on the listing or trading of the\nCompany’s Class A Ordinary Shares or warrants, which continue to be listed\nand to trade on Nasdaq. In accordance with Nasdaq Listing Rules, the Company\nhas a period of 180 calendar days from the date of each notification, or until\nDecember 28, 2026, to regain compliance with the Bid Price Requirement and the\nMVLS Requirement.\n\nTo regain compliance with the Bid Price Requirement, the closing bid price of\nthe Company’s Class A Ordinary Shares must be at least $1.00 per share for a\nminimum of 10 consecutive business days during the applicable compliance\nperiod. To regain compliance with the MVLS Requirement, the Company’s MVLS\nmust close at $50 million or more for a minimum of 10 consecutive business\ndays during the applicable compliance period.\n\n“We are taking steps that position the Company for long-term success as a\npublicly listed company. Our Nasdaq listing provides an important platform\nfrom which to execute our strategy, and we remain committed to maintaining our\nlisting while continuing to build long-term value for our shareholders,”\nsaid Andrew Cavaghan, CEO of Blue Gold.\n\nAbout Blue Gold Limited\n\nBlue Gold Limited (Nasdaq: BGL) (Nasdaq: BGLWW) is a gold mining company with\nthe infrastructure to deliver gold from mine-to-wallet. The Company’s\nmission is to explore, develop and operate high-quality mining projects while\nleveraging modern technologies to sell the gold directly to end customers in\ntokenized form. Blue Gold prioritizes growth, sustainable development, and\ntransparency in all its business practices. We believe that our commitment to\nresponsible mining will enable us to create value for our shareholders while\nminimizing our environmental footprint.\n\nForward-Looking Statements\n\nThis press release includes \"forward-looking statements\" within the meaning of\nthe safe harbor for forward-looking statements provided by Section 21E of the\nSecurities Exchange Act of 1934, as amended, and the Private Securities\nLitigation Reform Act of 1995. You are cautioned not to place undue reliance\non these forward-looking statements, which are current only as of the date of\nthis press release. Each of these forward-looking statements involves risks\nand uncertainties. Important factors that could cause actual results to\ndiffer materially from those discussed or implied in the forward-looking\nstatements include, but are not limited to: general economic or political\nconditions; negative economic conditions that could impact Blue Gold Limited\nand the gold industry in general; reduction in demand for Blue Gold Limited's\nproducts; changes in the markets that Blue Gold Limited targets; and any\nchange in laws applicable to Blue Gold Limited or any regulatory or judicial\ninterpretation. As a result, we cannot assure you that the forward-looking\nstatements included in this press release will prove to be accurate or\ncorrect. These and other important factors and risks are discussed in Blue\nGold Limited’s annual report on Form 20-F, filed with the U.S. Securities\nand Exchange Commission (the “SEC”) on April 29, 2026, and other filings\nwith the SEC. In light of these risks, uncertainties, and assumptions, the\nfuture performance or events described in the forward-looking statements in\nthis press release might not occur. Accordingly, you should not rely upon\nforward-looking statements as a prediction of actual results, and we do not\nassume any responsibility for the accuracy or completeness of any of these\nforward-looking statements. Except as required by applicable law, we do not\nundertake any obligation to, and will not, update any forward-looking\nstatements, whether as a result of new information, future events, or\notherwise. For more information regarding Blue Gold Limited, please\nvisit https://bluegoldltd.com.\n\nNo Offer or Solicitation\n\nThis press release shall not constitute a solicitation of a proxy, consent, or\nauthorization with respect to any securities. This press release shall also\nnot constitute an offer to sell or the solicitation of an offer to buy any\nsecurities.\n\nFor Further Information Contact:\nDave Gentry\nRedChip Companies, Inc.\n1-800-REDCHIP (733-2447)\n1-407-644-4256\nBGL@redchip.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/674a6beb-756a-4ce2-9951-5870806d484c)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX3dQ2GJ","title":"Blue Gold Receives Nasdaq Deficiency Letters and Confirms Commitment to Maintaining Nasdaq Listing","author":"Globe Newswire","ticker":"BGL","created":"2026-07-08T20:56:44.113Z","tickers":["BGL","BGLWW"],"exchange":"NASDAQ","article_body":"NEW YORK, July 08, 2026 (GLOBE NEWSWIRE) -- Blue Gold Limited (Nasdaq: BGL)\n(Nasdaq: BGLWW) (“Blue Gold” or the “Company”), a gold mining company\nwith the infrastructure to deliver gold from mine-to-wallet, today announced\nthat it has received notification from Nasdaq regarding compliance with\ncertain continued listing requirements on the Nasdaq Global Market.\n\nNasdaq Notifications\n\nOn July 1, 2026, the Company received a written notification from Nasdaq\nstating that, based on the closing bid price of the Company’s Class A\nordinary shares, par value US$0.0001 per share (the “Class A Ordinary\nShares”), for the last 30 consecutive business days, the Company’s Class A\nOrdinary Shares no longer comply with the minimum bid price requirement of\n$1.00 per share for continued listing on Nasdaq, as set forth in Nasdaq\nListing Rule 5450(a)(1) (the “Bid Price Requirement”).\n\nIn addition, on July 1, 2026, the Company received a separate written\nnotification from Nasdaq stating that the Market Value of Listed Securities\n(the “MVLS”) of the Company’s Class A Ordinary Shares has been below the\n$50 million minimum requirement for the preceding 30 consecutive business\ndays, and that the Company therefore no longer meets the minimum MVLS\nrequirement for continued listing on Nasdaq, as set forth in Nasdaq Listing\nRule 5450(b)(2) (the “MVLS Requirement”).\n\nThe notifications have no immediate effect on the listing or trading of the\nCompany’s Class A Ordinary Shares or warrants, which continue to be listed\nand to trade on Nasdaq. In accordance with Nasdaq Listing Rules, the Company\nhas a period of 180 calendar days from the date of each notification, or until\nDecember 28, 2026, to regain compliance with the Bid Price Requirement and the\nMVLS Requirement.\n\nTo regain compliance with the Bid Price Requirement, the closing bid price of\nthe Company’s Class A Ordinary Shares must be at least $1.00 per share for a\nminimum of 10 consecutive business days during the applicable compliance\nperiod. To regain compliance with the MVLS Requirement, the Company’s MVLS\nmust close at $50 million or more for a minimum of 10 consecutive business\ndays during the applicable compliance period.\n\n“We are taking steps that position the Company for long-term success as a\npublicly listed company. Our Nasdaq listing provides an important platform\nfrom which to execute our strategy, and we remain committed to maintaining our\nlisting while continuing to build long-term value for our shareholders,”\nsaid Andrew Cavaghan, CEO of Blue Gold.\n\nAbout Blue Gold Limited\n\nBlue Gold Limited (Nasdaq: BGL) (Nasdaq: BGLWW) is a gold mining company with\nthe infrastructure to deliver gold from mine-to-wallet. The Company’s\nmission is to explore, develop and operate high-quality mining projects while\nleveraging modern technologies to sell the gold directly to end customers in\ntokenized form. Blue Gold prioritizes growth, sustainable development, and\ntransparency in all its business practices. We believe that our commitment to\nresponsible mining will enable us to create value for our shareholders while\nminimizing our environmental footprint.\n\nForward-Looking Statements\n\nThis press release includes \"forward-looking statements\" within the meaning of\nthe safe harbor for forward-looking statements provided by Section 21E of the\nSecurities Exchange Act of 1934, as amended, and the Private Securities\nLitigation Reform Act of 1995. You are cautioned not to place undue reliance\non these forward-looking statements, which are current only as of the date of\nthis press release. Each of these forward-looking statements involves risks\nand uncertainties. Important factors that could cause actual results to\ndiffer materially from those discussed or implied in the forward-looking\nstatements include, but are not limited to: general economic or political\nconditions; negative economic conditions that could impact Blue Gold Limited\nand the gold industry in general; reduction in demand for Blue Gold Limited's\nproducts; changes in the markets that Blue Gold Limited targets; and any\nchange in laws applicable to Blue Gold Limited or any regulatory or judicial\ninterpretation. As a result, we cannot assure you that the forward-looking\nstatements included in this press release will prove to be accurate or\ncorrect. These and other important factors and risks are discussed in Blue\nGold Limited’s annual report on Form 20-F, filed with the U.S. Securities\nand Exchange Commission (the “SEC”) on April 29, 2026, and other filings\nwith the SEC. In light of these risks, uncertainties, and assumptions, the\nfuture performance or events described in the forward-looking statements in\nthis press release might not occur. Accordingly, you should not rely upon\nforward-looking statements as a prediction of actual results, and we do not\nassume any responsibility for the accuracy or completeness of any of these\nforward-looking statements. Except as required by applicable law, we do not\nundertake any obligation to, and will not, update any forward-looking\nstatements, whether as a result of new information, future events, or\notherwise. For more information regarding Blue Gold Limited, please\nvisit https://bluegoldltd.com.\n\nNo Offer or Solicitation\n\nThis press release shall not constitute a solicitation of a proxy, consent, or\nauthorization with respect to any securities. This press release shall also\nnot constitute an offer to sell or the solicitation of an offer to buy any\nsecurities.\n\nFor Further Information Contact:\nDave Gentry\nRedChip Companies, Inc.\n1-800-REDCHIP (733-2447)\n1-407-644-4256\nBGL@redchip.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/674a6beb-756a-4ce2-9951-5870806d484c)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-07-08T20:56:44.163171436Z","server_sent_at_ms":1783544204163},"received_at":"2026-07-08T20:56:44.216Z","source_url":null},"analysis":{"id":"72916","press_release_id":"83856","analysis_json":{"industry":{"label":"Metals & Mining","sector":"Materials"},"redFlags":["Bid price below $1.00 minimum for 30 consecutive business days","Market value of listed securities below $50 million minimum for 30 consecutive business days","Potential delisting risk if compliance not regained by December 28, 2026"],"eventType":"regulatory","narrative":"Blue Gold received notifications from Nasdaq regarding non-compliance with the minimum $1.00 bid price and $50 million market value of listed securities requirements.\n\nThe company has been granted a 180-calendar day cure period, expiring December 28, 2026, to regain compliance by maintaining the required thresholds for 10 consecutive business days.\n\nManagement affirmed its commitment to maintaining the Nasdaq listing while executing its strategy for long-term value creation.","sentiment":"bearish","agentHooks":{"shouldPost":true,"suggestedAngle":"Listing compliance risk triggered; management has 6 months to reverse share price slide."},"keyFigures":{"customDimensions":{"cure_period_days":180,"compliance_deadline":"December 28, 2026","min_mvls_requirement":"$50 million","min_bid_price_requirement":"$1.00","required_consecutive_business_days":10}},"quotedText":"We are taking steps that position the Company for long-term success as a publicly listed company. Our Nasdaq listing provides an important platform from which to execute our strategy, and we remain committed to maintaining our listing while continuing to build long-term value for our shareholders,","namedEntities":{"people":[{"name":"Andrew Cavaghan","role":"CEO"},{"name":"Dave Gentry","role":"Contact"}],"products":[],"companies":[{"name":"Blue Gold Limited","ticker":"BGL"},{"name":"Nasdaq","relationship":"exchange"},{"name":"RedChip Companies, Inc.","relationship":"investor relations"}],"dollarAmounts":[{"amount":"$1.00","context":"minimum bid price requirement"},{"amount":"$50 million","context":"minimum market value of listed securities (MVLS) requirement"}]},"materialImpact":{"score":3,"reasoning":"The company received two Nasdaq deficiency letters regarding bid price and market value, signaling listing compliance risk. While an immediate delisting is not occurring and a 180-day cure period is in place, failure to comply would result in loss of listing."},"tickerRelevance":{"others":[{"ticker":"BGLWW","relevance":"warrant"}],"primary":"BGL"},"globalImportance":20,"audienceRelevance":20,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"micro-cap","eventGravity":"listing-compliance-warning"}},"event_type":"regulatory","event_type_secondary":null,"sentiment":"bearish","material_impact_score":3,"narrative":"Blue Gold received notifications from Nasdaq regarding non-compliance with the minimum $1.00 bid price and $50 million market value of listed securities requirements.\n\nThe company has been granted a 180-calendar day cure period, expiring December 28, 2026, to regain compliance by maintaining the required thresholds for 10 consecutive business days.\n\nManagement affirmed its commitment to maintaining the Nasdaq listing while executing its strategy for long-term value creation.","key_figures":{"customDimensions":{"cure_period_days":180,"compliance_deadline":"December 28, 2026","min_mvls_requirement":"$50 million","min_bid_price_requirement":"$1.00","required_consecutive_business_days":10}},"named_entities":{"people":[{"name":"Andrew Cavaghan","role":"CEO"},{"name":"Dave Gentry","role":"Contact"}],"products":[],"companies":[{"name":"Blue Gold Limited","ticker":"BGL"},{"name":"Nasdaq","relationship":"exchange"},{"name":"RedChip Companies, Inc.","relationship":"investor relations"}],"dollarAmounts":[{"amount":"$1.00","context":"minimum bid price requirement"},{"amount":"$50 million","context":"minimum market value of listed securities (MVLS) requirement"}]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-07-08T20:58:01.204Z","global_importance":20,"audience_relevance":20,"importance_components":{"tickerTier":"micro-cap","eventGravity":"listing-compliance-warning"}},"durationMs":76972,"modelName":"george-droid-qwen-72b"}}