Blue Gold Names Jagdish M. Chanrai as Strategic Advisor, Enhancing Gold Tokenization Launch
Blue Gold (Nasdaq: BGL) announced the appointment of Jagdish M. Chanrai to its Advisory Board on October 31, 2025, aiming to strengthen the company’s experience in gold trading, commodity-based trade finance, and scaling public-company operations.
The company said the advisor will support its planned gold token — a transparent, auditable, liquid digital gold currency — and help advance Blue Gold’s vertically integrated trading and tokenization strategy across Africa, the Middle East, and Asia. Additional milestones are expected in the coming weeks.
Blue Gold (Nasdaq: BGL) ha annunciato la nomina di Jagdish M. Chanrai al suo Consiglio consultivo il 31 ottobre 2025, con l’obiettivo di rafforzare l’esperienza dell’azienda nel commercio dell’oro, nel finanziamento commerciale basato sulle materie prime e nell’espansione delle operazioni di una società pubblica.
L’azienda ha detto che il consulente supporterà il suo previsto token d’oro — una valuta d’oro digitale trasparente, verificabile e liquida —e contribuirà a promuovere la strategia di trading e tokenizzazione verticalmente integrata di Blue Gold in Africa, nel Medio Oriente e in Asia. Ulteriori traguardi sono previsti nelle prossime settimane.
Blue Gold (Nasdaq: BGL) anunció el nombramiento de Jagdish M. Chanrai en su Consejo Asesor el 31 de octubre de 2025, con el objetivo de fortalecer la experiencia de la empresa en el comercio de oro, la financiación comercial basada en materias primas y la ampliación de las operaciones de una empresa pública.
La compañía dijo que el asesor apoyará su token de oro previsto — una moneda digital de oro líquido, transparente y auditable — y ayudará a avanzar la estrategia de trading y tokenización verticalmente integrada de Blue Gold en África, el Medio Oriente y Asia. Se esperan más hitos en las próximas semanas.
Blue Gold (나스닥: BGL)은 황금 거래, 원자재 기반 무역 금융, 상장 기업 운영 확대에 대한 회사의 경험 강화를 목표로 2025년 10월 31일에 자문위원회에 Jagdish M. Chanrai를 임명했다고 발표했습니다.
회사는 자문위원이 예정된 금 토큰을 지원하고 — 투명하고 감사 가능하며 유동적인 디지털 금 가치 화폐 — Blue Gold의 수직적으로 통합된 무역 및 토큰화 전략을 아프리카, 중동, 아시아 전역으로 확장하는 데 도움을 줄 것이라고 밝혔습니다. 향후 몇 주 내에 추가 이정표가 기대됩니다.
Blue Gold (Nasdaq: BGL) a annoncé la nomination de Jagdish M. Chanrai au sein de son Conseil consultatif le 31 octobre 2025, dans le but de renforcer l’expérience de l’entreprise dans le négoce de l’or, le financement du commerce basé sur les matières premières et l’extension des opérations d’une société cotée.
L’entreprise a indiqué que le conseiller soutiendra son token d’or prévu — une monnaie numérique d’or transparente, auditable et liquide — et contribuera à faire progresser la stratégie commerciale et de tokenisation verticalement intégrée de Blue Gold en Afrique, au Moyen-Orient et en Asie. D’autres jalons devraient suivre dans les semaines à venir.
Blue Gold (Nasdaq: BGL) gab die Ernennung von Jagdish M. Chanrai in seinen Beratungsausschuss am 31. Oktober 2025 bekannt, um die Expertise des Unternehmens im Goldhandel, in rohstoffbasierter Handelsfinanzierung und bei der Skalierung von Betriebsabläufen eines börsennotierten Unternehmens zu stärken.
Das Unternehmen sagte, der Berater werde seine geplante Gold-Token unterstützen — eine transparente, prüfbare, liquide digitale Goldwährung — und Blue Golds vertikal integrierte Handels- und Tokenisierungsstrategie in Afrika, dem Nahen Osten und Asien vorantreiben. Weitere Meilensteine werden in den kommenden Wochen erwartet.
Blue Gold (ناسداك: BGL) أعلن تعيين Jagdish M. Chanrai في مجلسه الاستشاري في 31 أكتوبر 2025، بهدف تقوية خبرة الشركة في تجارة الذهب، وتمويل التجارة القائم على السلع الأساسية، وتوسيع عمليات الشركة المساهمة العامة.
وقالت الشركة إن المستشار سيدعم رمز الذهب المخطط له — عملة ذهب رقمية شفافة وقابلة للتدقيق وسيولة — وسيساعد في تعزيز استراتيجية Blue Gold المندمجة رأسياً للتجارة والتوكنة عبر أفريقيا، الشرق الأوسط وآسيا. ومن المتوقع بلوغ معالم إضافية في الأسابيع القادمة.
- None.
- None.
Appointment adds Global leadership experience with backgrounds in commodity Trading, specifically the supply of gold and commodity-based trade finance
Will deepen Blue Gold’s expertise in scaling the Gold Trading business, managing public companies, and driving shareholder value
Advisory Board positioned to support Blue Gold’s next phase of operational growth and expansion
NEW YORK, NY, Oct. 31, 2025 (GLOBE NEWSWIRE) -- Blue Gold Limited (Nasdaq: BGL) ("Blue Gold" or the “Company”), a next-generation gold development and technology company, today announced the Appointment of Jagdish M. Chanrai to the Advisory Board. The initiative supports Blue Gold’s mission to pioneer the digitization of real-world assets (RWAs), including gold, while responding to the accelerating demand for decentralized financial instruments. Blue Gold’s planned gold token is designed to deliver a transparent, auditable, and liquid gold currency.
Mr. Chanrai is a seasoned business leader with deep experience in emerging market operations, cross-border commerce, and governance. He played a strategic role in building and overseeing complex supply chains across Africa, the Middle East, & Asia. Jagdish Chanrai is the Chairman of Hudson Dunes Corporation a vertically integrated commodity trading house and Director of the Kewalram Chanrai Group (KCG), serving on the management board of the holding company. KCG is family-owned and professionally managed. It has interests in supply chain management, textiles, real estate, agriculture, environmentally friendly products, and founded Olam Group in 1989, which was later acquired by Temasek Holdings.
Mr. Chanrai stated, “I’m excited to collaborate with the Blue Gold team on both the Trading of Gold and the Tokenization of Gold. Institutional and retail investors alike are increasingly turning to digital Gold tokens as a hedge against depreciating fiat currencies and volatile cryptocurrency prices. Blue Gold Coin will demonstrate that real-world assets can prosper on-chain."
Andrew Cavaghan, CEO of Blue Gold, welcomed the appointment, “Jagdish’s wealth of experience across trade and commodities, especially in the Middle East and North African markets, lines up really well with the strategic focus we have set for ourselves,” said Andrew “We’re excited to bring him alongside our other Advisory Board members as we put the building blocks in place to deliver our vertically integrated business plan."
Mr. Chanrai further stated, "With gold prices at all-time highs and institutional interest in tokenized assets growing, Blue Gold can deliver a new model for the future of Gold ownership."
The Company plans to announce additional milestones in the delivery of its strategy in the coming weeks.
About Blue Gold Limited
Blue Gold Limited (Nasdaq: BGL) 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.
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 https://bluegoldmine.com.
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
BlueGold@tavistock.co.uk
+44 20 7920 3150
Skyline Corporate Communications Group, LLC
Scott Powell, President
Avenues Tower
1177 Avenue of the Americas, 5th floor
New York, NY 10036
Office: (646) 893-5835
Email: info@skylineccg.com
FAQ
Who is Jagdish M. Chanrai and what is his role at Blue Gold (BGL)?
What did Blue Gold (BGL) announce about its planned gold token on October 31, 2025?
How will Jagdish Chanrai’s appointment affect Blue Gold’s (BGL) trading strategy?
Does the announcement for Blue Gold (BGL) include financial targets or launch dates for the gold token?
Which regions did Blue Gold (BGL) highlight as strategic in the appointment announcement?
