Blue Gold Limited (BGL), a next-generation gold development and technology company, has announced the withdrawal of its pending legal suits in the Courts of Ghana.

The company stated it does not currently intend to pursue any other legal avenues in Ghana, choosing instead to focus its efforts on ongoing international arbitration proceedings.

Blue Gold explained that the arbitration is being conducted under the bilateral investment treaty between the United Kingdom and Ghana.

The company believes this forum offers the most appropriate and impartial avenue for resolving its claims.

Through its subsidiary, Blue Gold Holdings Limited, Blue Gold is seeking damages exceeding $1 billion, alongside the former mine owner, Future Global Resources Limited.

The arbitration recently held its inaugural Case Management Conference (CMC), during which procedural matters were addressed under the applicable arbitral rules.

Blue Gold said it will provide updates on the outcomes of the CMC and other significant developments in line with agreed arbitral procedures and legal requirements.

Despite focusing on arbitration, Blue Gold affirmed its willingness to pursue constructive and commercially reasonable engagement with the Government of Ghana where possible, while remaining committed to securing full recovery of its claims.

Blue Gold Limited is a next-generation gold development company dedicated to acquiring and aggregating high-potential mining assets across strategic global jurisdictions.

Its mission is to unlock untapped value in the gold sector by combining disciplined resource acquisition with innovative monetisation models, including asset-backed digital instruments.

The company emphasises responsible development, operational transparency, and the use of modern financial technologies to redefine gold production, access, and ownership.

Blue Gold also prioritises sustainable growth and minimising its environmental footprint while delivering value to shareholders.

This release contains forward-looking statements subject to risks and uncertainties, including economic, regulatory, and market factors that could affect actual outcomes.

Readers are cautioned not to place undue reliance on these statements, which are current only as of the release date.

Blue Gold assumes no obligation to update any forward-looking statements except as required by law.

For more information about Blue Gold Limited, visit the company’s filings with the U.S. Securities and Exchange Commission.