WASHINGTON, D.C., July 9, 2025―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 that will be listed on the Nasdaq Stock Market under the ticker symbol “BGL.”
A team of lawyers led by Washington, D.C., partner Andy Tucker, Atlanta partner Rebekah D. McCorvey and senior associate Jon Anderson were counsel to Blue Gold Holdings in the transaction. The team included Ana Garcia Bodan in Miami and Laura M. González Alemán in Washington, D.C.
About Blue Gold Limited
Blue Gold Limited acquired the historic 5.1-million-ounce gold resource 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 all of its business practices. Blue Gold believes that its commitment to responsible mining will ensure that it creates value for its shareholders while minimizing its environmental footprint.
About Duane Morris
Duane Morris LLP provides innovative solutions to today’s multifaceted legal and business challenges through the collegial and collaborative culture of its more than 900 attorneys in offices across the United States and internationally. The firm represents a broad array of clients, spanning all major practices and industries. Duane Morris has been recognized by BTI Consulting as both a client service leader and a highly recommended law firm.