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

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.