Blue Gold Appoints Quazar’s Sameer Salgar to Advisory Board to Establish UAE Ties and Guide Digital Gold Strategy
Blue Gold (Nasdaq: BGL) has appointed Sameer Salgar, Founding Partner and CFO of Quazar Investment, to its Advisory Board. Salgar brings over 20 years of investment and strategic advisory experience, having participated in notable transactions including an $8 billion Citgo Refining bid and a $50 million strategic partnership with NeOnc Technologies.
In his role, Salgar will guide Blue Gold's Digital Gold Initiative rollout, help establish UAE-based gold vaulting infrastructure, and facilitate connections with regional capital providers. The appointment aligns with Blue Gold's strategy of combining mining assets with a tokenized gold platform while expanding its presence in the UAE financial market.
Blue Gold (Nasdaq: BGL) ha nominato Sameer Salgar, socio fondatore e CFO di Quazar Investment, nel suo Advisory Board. Salgar vanta oltre 20 anni di esperienza in investimenti e consulenza strategica, avendo partecipato a operazioni rilevanti come un'offerta per Citgo Refining da 8 miliardi di dollari e una partnership strategica da 50 milioni di dollari con NeOnc Technologies.
Nel suo ruolo, Salgar guiderà il lancio della Digital Gold Initiative di Blue Gold, contribuirà a creare un'infrastruttura per il deposito dell'oro con sede negli Emirati Arabi Uniti e favorirà i collegamenti con fornitori di capitale regionali. La nomina è coerente con la strategia di Blue Gold di unire asset minerari a una piattaforma di oro tokenizzato, ampliando al contempo la sua presenza nel mercato finanziario degli Emirati.
Blue Gold (Nasdaq: BGL) ha nombrado a Sameer Salgar, socio fundador y CFO de Quazar Investment, en su Consejo Asesor. Salgar aporta más de 20 años de experiencia en inversiones y asesoría estratégica, habiendo participado en transacciones destacadas como una oferta por Citgo Refining de 8.000 millones de dólares y una alianza estratégica de 50 millones de dólares con NeOnc Technologies.
En su cargo, Salgar dirigirá el despliegue de la Digital Gold Initiative de Blue Gold, ayudará a establecer una infraestructura de almacenamiento de oro con sede en los EAU y facilitará las conexiones con proveedores de capital regionales. El nombramiento se alinea con la estrategia de Blue Gold de combinar activos mineros con una plataforma de oro tokenizado mientras expande su presencia en el mercado financiero de los EAU.
Blue Gold (Nasdaq: BGL)는 Quazar Investment의 창립 파트너이자 CFO인 Sameer Salgar를 자문위원회에 임명했습니다. Salgar는 투자 및 전략 자문 분야에서 20년 이상의 경험을 보유하고 있으며, 80억 달러 규모의 Citgo Refining 인수 입찰과 NeOnc Technologies와의 5천만 달러 전략적 파트너십 등 주요 거래에 참여한 바 있습니다.
Salgar는 Blue Gold의 디지털 금(Digital Gold) 이니셔티브 롤아웃을 지도하고, UAE에 기반을 둔 금 보관 인프라 구축을 돕고, 지역 자본 공급자들과의 연계를 촉진할 예정입니다. 이번 임명은 광산 자산과 토큰화된 금 플랫폼을 결합하고 UAE 금융 시장에서의 입지를 확장하려는 Blue Gold의 전략과 일치합니다.
Blue Gold (Nasdaq: BGL) a nommé Sameer Salgar, associé fondateur et CFO de Quazar Investment, à son conseil consultatif. Salgar apporte plus de 20 ans d'expérience en investissement et conseil stratégique, ayant participé à des opérations notables telles qu'une offre pour Citgo Refining de 8 milliards de dollars et un partenariat stratégique de 50 millions de dollars avec NeOnc Technologies.
Dans son rôle, Salgar pilotera le déploiement de la Digital Gold Initiative de Blue Gold, contribuera à établir une infrastructure de stockage d'or basée aux Émirats arabes unis et facilitera les connexions avec des fournisseurs de capitaux régionaux. Cette nomination s'inscrit dans la stratégie de Blue Gold visant à combiner des actifs miniers avec une plateforme d'or tokenisé tout en étendant sa présence sur le marché financier des ÉAU.
Blue Gold (Nasdaq: BGL) hat Sameer Salgar, Gründungspartner und CFO von Quazar Investment, in sein Advisory Board berufen. Salgar bringt mehr als 20 Jahre Erfahrung in Investment- und Strategieberatung mit und war an bedeutenden Transaktionen beteiligt, darunter ein 8 Milliarden US-Dollar Citgo Refining-Angebot und eine 50 Millionen US-Dollar strategische Partnerschaft mit NeOnc Technologies.
In seiner Funktion wird Salgar den Rollout der Digital Gold Initiative von Blue Gold begleiten, beim Aufbau einer in den VAE ansässigen Goldverwahrungslösung mitwirken und Verbindungen zu regionalen Kapitalgebern herstellen. Die Ernennung entspricht Blue Golds Strategie, Bergbauvermögen mit einer tokenisierten Goldplattform zu verbinden und gleichzeitig die Präsenz im Finanzmarkt der VAE auszubauen.
- Strategic appointment brings expertise in large-scale transactions ($8B Citgo bid, $50M NeOnc deal)
- Expansion into UAE market through established leadership connection
- Enhanced access to regional capital providers and institutional partnerships
- Addition of infrastructure development capabilities for gold vaulting in UAE
- Implementation of digital gold platform and UAE expansion still in early planning stages
- Success depends on execution of complex cross-border infrastructure development
NEW YORK, Sept. 10, 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 Sameer Salgar, Founding Partner and Chief Financial Officer of Quazar Investment, to its Advisory Board.
Sameer brings over 20 years of investment, corporate finance, and strategic advisory experience. As co-founder of Quazar Investment, a UAE-based private investment firm, he has built a reputation for leading transformational cross-border transactions and connecting growth companies with global capital partners. His addition to the Advisory Board underscores Blue Gold’s commitment to scaling its acquisition strategy, expanding its digital gold platform, and establishing ties to the UAE, one of the world’s fast-growing financial centers.
As Advisory Board member, Sameer and Quazar will:
- Guide the rollout of digital technology solutions aligned with Blue Gold’s Digital Gold Initiative.
- Assist with the establishment of UAE-based gold deposit and vaulting infrastructure, enhancing security and scalability.
- Facilitate introductions to regional capital providers, strengthening Blue Gold’s access to growth funding and institutional partnerships.
“I am excited to join Blue Gold’s Advisory Board at such a pivotal time,” said Sameer Salgar. “The Company’s vision of combining world-class gold assets with innovative digital technologies aligns perfectly with Quazar’s focus on global growth opportunities.”
Quazar Investment has advised on and participated in several high-profile international transactions, including its advisory participation in an
“We are honored to welcome Sameer to Blue Gold’s Advisory Board,” said Andrew Cavaghan, Chief Executive Officer of Blue Gold. “As a seasoned executive and visionary business leader, he has consistently delivered on high-profile deals and demonstrated a deep understanding of capital markets. His experience and global network will add tremendous value as we scale our mining acquisitions and advance our Digital Gold Initiative.”
Gold remains a cornerstone of global finance, and demand for gold-backed digital products continues to expand. By combining real mining assets with a tokenized gold platform, Blue Gold aims to deliver shareholder growth while addressing the global need for secure, asset-backed digital currencies. The appointment of Sameer to the Advisory Board strengthens this vision, providing deal-making expertise and strategic UAE market connectivity.
About Quazar Investment
Quazar Investment, headquartered in the United Arab Emirates, is a private investment firm specializing in energy, infrastructure, and capital markets. Quazar has advised on high-profile international transactions, including major energy asset bids and advisory mandates for Nasdaq-listed companies. Leveraging its global network and strong presence in the UAE, Quazar helps companies access capital, technology, and market opportunities across key growth sectors.
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.
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FAQ
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