Latest news with #BlueGold
Globe and Mail
4 days ago
- Business
- Globe and Mail
Creatd CEO and Executive Chairman Jeremy Frommer Joins Blue Gold Advisory Board
Strategic Alignment: Frommer brings over two decades of experience at the intersection of finance and technology to Blue Gold's tokenized gold initiative. Institutional Bridge: Appointment expected to enhance Blue Gold's access to institutional capital and advisory networks. Portfolio Synergy: Creatd continues to expand its presence across emerging digital asset verticals through advisory and platform integration. NEW YORK, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Creatd, Inc. (OTC: CRTD) today announced that its CEO and Executive Chairman, Jeremy Frommer, has been appointed to the Executive Advisory Board of Blue Gold Limited, a publicly traded company advancing blockchain-integrated gold-backed financial instruments. Frommer will serve as a senior advisor to Blue Gold's leadership, supporting the Company's strategy to build institutional credibility around its digital gold token offering. His background in fintech, structured finance, and platform innovation is expected to play a key role in shaping the Company's capital markets roadmap. 'Gold has always been a store of value,' said Jeremy Frommer, Executive Chairman of Creatd, Inc. 'Blue Gold's model redefines accessibility, applying transparency, speed, and digital trust to a legacy asset. I look forward to contributing operational insight and market strategy as they scale.' Frommer's appointment reflects Creatd's broader strategic framework: using its platform to connect high-growth ventures with infrastructure, capital, and advisory resources. The Company views the digital asset space as a natural adjacency to its core strengths in platform strategy, data systems, and compliance. Blue Gold's advisory board now includes Frommer alongside other industry operators and technologists working to bring blockchain-backed asset models into institutional markets. For more information on Creatd's strategic initiatives, visit About Creatd, Inc. Creatd, Inc. (OTC: CRTD) is a publicly traded holding company focused on investing in and operating businesses across technology, media, consumer, and capital markets. The Company builds, acquires, and accelerates assets with strong fundamentals and high growth potential, supported by a shared infrastructure built for scalability and transparency. About Blue Gold Limited Blue Gold Limited 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. For further information, contact:
Yahoo
04-07-2025
- Business
- Yahoo
Blue Gold partners with TripleBolt to explore blockchain-backed gold token
Blue Gold has entered into a strategic partnership with TripleBolt Technology to explore the possible development of a blockchain-based digital asset backed by gold futures. This initiative would mark Blue Gold's evolution into the digital asset space. The objective is to provide investors access to Blue Gold Coin, this is intended to be a digital token, which would be backed by six-year forward delivery contracts for up to 1 million grams of gold from the Company's mining assets. The instruments would offer investors a digitally native, asset-backed instrument that blends the value of gold with the efficiency and transparency of blockchain technology. Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on BGL: Disclaimer & DisclosureReport an Issue Blue Gold Ltd trading resumes Blue Gold Ltd trading halted, volatility trading pause Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Associated Press
03-07-2025
- Business
- Associated Press
Blue Gold Limited Partners with TripleBolt to Explore Possible Blockchain-Backed Gold Token
NEW YORK, NY, July 03, 2025 (GLOBE NEWSWIRE) -- Blue Gold Limited (Nasdaq: BGL) ('Blue Gold' or the 'Company'), a next-generation gold development company currently planning to advance sustainable mining projects, today announced that it has entered into a strategic partnership with TripleBolt Technology LLC ('TripleBolt') to explore the possible development of a blockchain-based digital asset backed by gold futures. This initiative would mark Blue Gold's evolution into the digital asset space. The objective is to provide investors access to Blue Gold Coin (BGC) — this is intended to be a digital token, which would be backed by six-year forward delivery contracts for up to 1 million grams of gold from the Company's mining assets. The instruments would offer investors a digitally native, asset-backed instrument that blends the value of gold with the efficiency and transparency of blockchain technology. TripleBolt is led by Nathan Dionne, a serial entrepreneur and technology executive with deep expertise in fintech, blockchain, and digital innovation. Mr. Dionne was the co-founder of NorthOut, which was acquired by Eze Castle Integration. Most recently, he founded GreenRun, a crypto-enabled betting platform. He previously served as Chief Technology Officer at Barstool Sports, where he drove the company's platform through a high-growth phase. As Managing Partner of TripleBolt Technology, Nathan continues to build scalable blockchain infrastructure and serves as an active crypto and angel investor across diverse sectors and geographies. 'The future of gold is digital,' noted Dionne. 'We're excited to bring blockchain transparency and flexibility to a historically illiquid asset class. With Blue Gold's gold resource and vision, BGC is not just a token — it's a programmable commodity with intrinsic value.' The product will require legal and regulatory review and approval prior to launch. As a result, the token launch will follow a phased approach, beginning with a private sale to strategic investors, followed by broader availability through blockchain platforms. Proceeds from the offering will be used to accelerate Blue Gold's production timeline and support long-term growth initiatives. About Blue Gold Limited Blue Gold Limited (Nasdaq: BGL) acquired the historic 5.1 Moz Gold Resource Bogoso Prestea Mine in the renowned Ghana Ashanti Gold Belt in 2024 as part of a long-term strategy to expand and sustainably manage long-life high-quality assets. The Company's immediate focus is to restart the Bogoso and Prestea mine as soon as possible.. 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. TripleBolt Technology LLC TripleBolt Technology is a U.S.-based digital innovation firm that engineers secure, scalable platforms for enterprise and fintech clients. With deep expertise in product engineering, AI integration, and digital experience design, the company helps partners modernize infrastructure and launch blockchain-native solutions. TripleBolt's proprietary approach accelerates deployment while ensuring institutional-grade compliance and user experience. 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 No Offer or Solicitation This press release shall not constitute a solicitation of a proxy, consent, or authorization with respect to any securities or in respect of the proposed business combination. This press release shall also not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or an exemption. For Further Information Contact: Tavistock Communications [email protected] +44 20 7920 3150 Skyline Corporate Communications Group, LLC Scott Powell, President One Rockefeller Plaza, 11th Floor New York, NY 10020 Office: (646) 893-5835 Email: [email protected]
Cision Canada
26-06-2025
- Business
- Cision Canada
Blue Gold Announces Closing of Business Combination with Perception Capital Corp IV
, June 26, 2025 /CNW/ -- Blue Gold Limited (" Blue Gold"), a gold mining company developing a portfolio of assets anchored by the historic Bogoso Prestea Mine in the Ashanti region of Ghana, announced the completion of a business combination (the " Transaction") with a Special Purpose Acquisition Company, Perception Capital Corp. IV (" Perception"), and that its ordinary shares and warrants will commence trading on the Nasdaq Stock Market on June 26, 2025, under the ticker symbols " BGL" and " BGLWW". This milestone marks Blue Gold's inaugural presence on a U.S. stock exchange, expanding its reach to a broader base of global investors. Andrew Cavaghan, Chief Executive Officer of Blue Gold Limited, commented: "We are excited to commence trading on Nasdaq, a significant milestone that reflects our commitment to growth and creating liquidity for our shareholders. We believe that this listing will support our continued expansion and provide greater visibility within the investment community." "With the completion of this transaction and a clear forward strategy, we believe that Blue Gold is well-positioned to bring the Bogoso Prestea Mine back into production in a capital-efficient, environmentally responsible, and community-aligned manner. We view this as a transformational opportunity to create long-term value for all stakeholders by unlocking one of West Africa's most storied gold assets." Rick Gaenzle, Chief Executive Officer of Perception Capital Corp IV, added: "We are very excited to close this transaction. We are especially pleased by the favorable macro tailwinds that have seen the price of gold increase from approximately $2,000 per ounce at the time we entered this transaction, to over $3,000 per ounce at its close. We believe this represents an attractive value proposition for investors." For Further Information Contact: Tavistock Communications [email protected] +44 20 7920 3150 About Blue Gold Limited Blue Gold acquired the historic 5.1 Moz Gold Resource Bogoso Prestea Mine in the renowned Ghana Ashanti Gold Belt in 2024 as part of our long-term strategy to expand and sustainably manage long-life high-quality assets. The mine is currently scheduled to restart operations in 2025. Blue Gold prioritises growth, sustainable development, and transparency in all our business practices. We believe that our commitment to responsible mining will ensure that we create value for our shareholders while minimising our environmental footprint. Advisors Cohen & Company Capital Markets, a division of J.V.B. Financial Group, is acting as exclusive financial advisor and lead capital markets advisor. Loeb & Loeb LLP acted as US legal advisor to Perception. Simmons & Simmons acted as UK legal advisor to Perception. Integri Solicitors & Advocates acted as Ghanaian legal advisor to Perception. Duane Morris LLP acted as US legal advisor to Blue Gold. Mayer Brown LLP acted as US and UK legal advisor to Blue Gold. Kimathi and Partners acted as Ghanaian legal advisor to Blue Gold. Mourant Ozannes (Cayman) LLP acted as Cayman Islands legal counsel to both parties. Cibreo Partners LLC acted as strategic advisor to both parties. 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 including, without limitation: statements related to the parties likelihood to enter into a binding or definitive agreement(s); statements related to the anticipated benefits of the proposed Transaction, including the potential amount of cash that may be available to the combined company upon consummation of the Transaction; the anticipated enterprise value of the combined company following the Transaction; sources and uses of cash from the Transaction; the anticipated timing to close the Transaction; the financial and business performance of Blue Gold Limited; and Blue Gold Limited's anticipated future operating results. 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: estimates of the combined company's financial performance being materially incorrect predictions; 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; any change in laws applicable to Blue Gold Limited or any regulatory or judicial interpretation; and other factors, risks and uncertainties, including those to be included under the heading "Risk Factors" in the proxy statement/prospectus filed with the SEC and any subsequent filings. All forward-looking statements are expressly qualified in their entirety by such factors. Blue Gold Limited does not undertake any duty to update any forward-looking statement except as required by law. Additional Information and Where to Find It In connection with the proposed Transaction, Blue Gold Limited has filed with the Securities and Exchange Commission (the "SEC") a registration statement on Form F-4 (the "Registration Statement"), which includes a preliminary proxy statement/prospectus and certain other related documents, which will be both the proxy statement to be distributed to the shareholders of Perception in connection with Perception's solicitation of proxies for the vote by its shareholders with respect to the proposed Transaction and other matters as may be described in the definitive proxy statement/prospectus, as well as a prospectus relating to the offer and sale of the securities to be issued by Blue Gold in the proposed Transaction. Shareholders are encouraged to read the Registration Statement as it contains important information. This press release does not contain all of the information that should be considered by Blue Gold Limited's shareholders and is not intended to constitute the basis of any voting or investment decision in respect of the Transaction or the securities of the combined company. No Offer or Solicitation This press release shall not constitute a solicitation of a proxy, consent, or authorization with respect to any securities or in respect of the proposed business combination. This press release shall also not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended or an exemption.
New York Times
12-03-2025
- General
- New York Times
A Modern Tale of an Old Blue Dye
On an overcast day late last year, Denise Lambert retrieved a square of linen from a tall dye vat, wrung it out and hung it on a wall rack inside her small atelier in this picturesque southwestern French village. 'The kids think I'm a nice witch,' said Ms. Lambert, now 73, as the fabric reacted with the air, turning from a brilliant yellow to green to a vibrant blue. The batch was just one of the orders for her company, L'Atelier des Bleus Pastel d'Occitanie, most of which are commissioned by fashion designers. In previous weeks, the workshop's drying racks had been lined with jeans for Tender, a brand by the British designer William Kroll, and work wear for a Japanese clothing company. But 'you never know what you're going to do,' she said. Ms. Lambert — who tends to wear blue clothes, has glasses with blue frames and often finds her hands are blue from dye — has been in thrall to the color since 1993, when she and her husband, Henri, bought a derelict tannery in Lectoure, a hill town in southwestern France not far from Toulouse. At a chapel on the property, the pair discovered four 15th-century window shutters that, despite their age, were still blue. Unable to find any trace of the color, used on horse carts in the 1400s for its insect repellent properties, Ms. Lambert said the couple wanted 'to figure out why this blue didn't exist anymore and where it came from.' The answer lay with the isatis tinctoria plant, also called woad. Once the only blue dye in Europe, woad pigment made a fortune for the sun-rich Toulouse area during the Renaissance, when it also was called Toulouse's Blue Gold. But over time, the plant was supplanted by indigo from Asia and, later, artificial dyes, said Chantal Armagnac, author of 'Le Pastel en Pays de Cocagne,' a book about woad and its history in the region. 'It was much easier to dye with synthetic dyes,' Ms. Armagnac said. So 'gradually, the know-how disappeared.' Intent on reviving the color, the Lamberts founded a company called Bleu de Lectoure in 1994. Using seeds from the archives of the Conservatoire National des Plantes in Milly-la-Forêt, France and an 1813 treatise by Napoleon's dye chemist, Giovanni Giobert, that a friend found at an auction, they embarked on a five-year project to recreate the pigment using modern techniques. Mr. Lambert died in 2010 at age 55 and their company closed in 2016 after two years of bad harvests. But Ms. Lambert was determined to continue their work and in 2017, she founded L'Atelier des Bleus Pastel d'Occitanie. Now she lives in Roumens, working alongside their 36-year-old daughter, Mariam. Company projects have included dyeing linen tablecloths for the Cannes Film Festival, feathers for the 2017 film 'King Arthur: Legend of the Sword,' a Viking dress in need of restoration for the National Museum of Finland, wooden kitchenware for a Japanese company and couture pieces for runway shows. (Confidentiality agreements mean the company cannot identify some of its clients, but their ranks include Nana Aganovich and Ted Lapidus, Ms. Lambert said.) In contrast to the luxury items often handled by the atelier, the workshop and its tools are fairly basic. The space, lit by fluorescent strip lights and with a concrete floor, totals only about 380 square feet. Large plastic trash cans are used as dye vats; plumbing pipes fixed to one wall provide drying racks; and long thin wooden broom handles, one for each Lambert, are used as dye sticks, to drag fabrics out of the depths of the vats. Dyeing begins with the creation of a so-called 'mother solution,' prepared in a five-liter plastic jug that sits on a cabinet top. (The more attractive, but less practical, glass container on the shelf above is reserved for use when TV film crews are visiting, Ms. Lambert said with a grin.) Ingredients include powdered pigment, now purchased from local farmers; volcanic spring water from the Auvergne region of France, heated to 70 or 80 degrees Fahrenheit (21 to 27 degrees Celsius); diluted ammonia, a modern replacement for the men's urine traditionally used to achieve a balance between the mix's acid and alkaline levels; and powdered fructose to prevent the mixture from oxidizing. The amounts of each substance used in the mix depends on the shade of blue that is desired and the type of fabric to be dyed. The ingredients are blended by placing the container on the flat surface of a machine called a magnetic stirrer, putting a magnet into the container and running the machine for 25 to 60 minutes. After allowing the mixture to rest for 24 hours, it is added to a vat already filled with cold water. Anything being dyed 'has to go in very delicately,' Ms. Lambert said as she lowered another linen square slowly into the vat's dark, green waters. If the liquid is disturbed too much, air would get into the mixture and turn it an unwanted blue, she said, acknowledging the alchemy of the process: 'Nothing is normal with woad.' Numerous factors determine the final color, she said, including how many times something is dipped (the dying process involves a minimum of three and a maximum of seven baths; between baths, the fabric is squeezed to remove excess water and aired), soaking time, the type of fabric and even the weather. 'You have a bacteria that's alive and that may want to work or may not want to work,' said Ms. Lambert, comparing the dye to a petulant teen. 'It's never a boring day.' For Robin Khayat, the owner of the French luxury clothing brand Blanc Bleu, the result is a subtly shifting palette that far outshines commercial, standardized colors. 'People can immediately see there's something different,' said Mr. Khayat, whose two-year collaboration with the atelier has included Blanc Bleu's signature Cable sweater (1,350 euros, or $1,412). 'Suddenly, you have these types of blues you haven't seen before, and it's just magic.' Ms. Lambert said she worked seven-day weeks to fit lectures, workshops, consulting with museums such as the Jewish Museum of New York and collaborating with universities such as BOKU University in Vienna. And she still has many plans, including establishing an international academy to study natural colors. 'You never stop hoping to have the best blue,' said Ms. Lambert as she watched the linens on her rack change color. 'It's fascinating what you can obtain. It hooks on to you, and you can't get rid of it.'
