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Stock impact report

Blue Gold CEO Transitions to 100% Equity Compensation, Strengthening Alignment with Shareholders and Demonstrating Confidence in Long-Term Value

Blue Gold Limited - Class A ordinary shares (BGL) 
Company Research Source: GlobeNewswire
NEW YORK, April 07, 2026 (GLOBE NEWSWIRE) -- Blue Gold Limited (Nasdaq: BGL) (“Blue Gold” or the “Company”), a next-generation gold development and technology company, today announced that its Board of Directors has approved a revised compensation structure for Chief Executive Officer Andrew Cavaghan, transitioning his compensation to be entirely stock-based. Under the new arrangement, Cavaghan voluntarily elected to forgo cash compensation, including base salary and incentive compensation previously valued at approximately $2.25 million per annum, in exchange for a long-term equity package. The stock award consists of a combination of unrestricted and time-based and performance restricted shares, with a current aggregate value of less than $3 million based on recent trading levels. The revised structure directly aligns the CEO’s compensation with long-term shareholder value creation. A significant portion of the equity award is subject to multi-year vesting and performance condit Show less Read more
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