Duane Morris Advised Blue Gold Holdings Limited In $114.5 Million Merger With Perception Capital Corp. IV

Duane Morris Advised Blue Gold Holdings Limited In $114.5 Million Merger With Perception Capital Corp. IV

Duane Morris LLP advised Blue Gold Holdings Limited, a private company limited by shares formed under the laws of England and Wales, in closing its $114.5 million merger with Perception Capital Corp. IV, a Cayman Islands-exempted company and special purpose acquisition company, to form Blue Gold Limited — a gold mining company developing a portfolio of assets anchored by the historic Bogoso Prestea Mine in the Ashanti region of Ghana. The newly formed entity will be listed on the Nasdaq Stock Market under the ticker symbol “BGL.”

Blue Gold Limited acquired the historic 5.1-million-ounce Bogoso Prestea Mine in the renowned Ghana Ashanti Gold Belt in 2024 as part of its long-term strategy to expand and sustainably manage long-life, high-quality assets. The mine is scheduled to restart operations in 2025. Blue Gold prioritizes growth, sustainable development, and transparency in its business practices, believing that its commitment to responsible mining will create value for shareholders while minimizing its environmental footprint.

The Duane Morris team was led by Andy Tucker (Partner, Washington, D.C.), Rebekah D. McCorvey (Partner, Atlanta) and Jon Anderson (Senior Associate), with support from Ana Garcia Bodan (Miami) and Laura M. González Alemán (Washington, D.C.).

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