Blue Gold Ltd (BGL) director discloses shares and 200,000-share option

Rhea-AI Filing Summary

Blue Gold Ltd director Owiredu Daniel has filed an initial ownership report showing his equity position in the company. He reports direct ownership of 113,109 Class A ordinary shares. He also has beneficial ownership of an option over 200,000 Class A ordinary shares with an exercise price of $0.05745 per share, expiring on April 10, 2030, which are currently held by Blue Gold Holdings Limited, a wholly owned subsidiary of the issuer and reserved for distribution to him upon exercise. This filing records existing holdings and does not show any new share purchases or sales.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Owiredu Daniel

(Last) (First) (Middle)

C/O BLUE GOLD LIMITED

94 SOLARIS AVENUE, CAMANA BAY

(Street)

GRAND CAYMAN KYI-1108

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Blue Gold Ltd [ BGL ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A ordinary shares	113,109	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option	(1)	04/10/2030	Class A ordinary shares	200,000	(1)	D

Explanation of Responses:

1. Reporting Person has beneficial ownership of 200,000 Class A ordinary shares underlying an option (the "BGHL Option") to acquire Class A ordinary shares currently held by Blue Gold Holdings Limited, a wholly owned subsidiary of the Issuer, which has reserved them for distribution to the Reporting Person upon exercise of the BGHL Option. The exercise price of the BGHL Option is $0.05745.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Carla Parsons, Attorney-in-Fact	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does Owiredu Daniel’s Form 3 for Blue Gold Ltd (BGL) disclose?

The Form 3 discloses Owiredu Daniel’s existing ownership in Blue Gold Ltd, including direct Class A ordinary shares and an option position. It records his starting equity stake as a director, without indicating any recent share purchases or sales.

How many Blue Gold Ltd (BGL) shares does Owiredu Daniel own directly?

He reports direct ownership of 113,109 Class A ordinary shares of Blue Gold Ltd. This figure represents his direct equity stake as of the Form 3 filing date and serves as the baseline for future insider ownership changes.

What stock option position does Owiredu Daniel report in Blue Gold Ltd (BGL)?

He reports beneficial ownership of a stock option tied to 200,000 Class A ordinary shares. The option carries an exercise price of $0.05745 per share and expires on April 10, 2030, providing potential additional equity exposure if exercised.

Who currently holds the shares underlying Owiredu Daniel’s option in Blue Gold Ltd (BGL)?

The 200,000 Class A ordinary shares underlying the option are currently held by Blue Gold Holdings Limited. This entity is a wholly owned subsidiary of Blue Gold Ltd and has reserved those shares for distribution to Owiredu Daniel upon exercise of the option.

Does Owiredu Daniel’s Blue Gold Ltd (BGL) Form 3 show any insider buying or selling?

The Form 3 does not show insider buying or selling activity. It records holdings as of the reporting date, listing existing direct shares and an option position, rather than reporting open-market transactions or changes in ownership.

What is the significance of the April 10, 2030 expiration for Owiredu Daniel’s BGL option?

The option over 200,000 Class A ordinary shares expires on April 10, 2030, defining how long it can be exercised at $0.05745 per share. After that date, the right to acquire those reserved shares would lapse if not exercised.