Blue Gold Limited shares fall 18.84% in after-hours after announcing strategic acquisitions in West Africa and Latin America.

Blue Gold Limited plunged 18.84% in after-hours trading, following the company's announcement of a strategic acquisition of gold-producing or near-producing assets in West Africa and Latin America to expand its business footprint. The company's primary operations focus on gold mining, with a key project being the restart of the Bogoso Prestea mine in Ghana, which has approximately 5.1 million ounces of gold reserves. Blue Gold recently successfully listed on the Nasdaq, enhancing liquidity and driving business expansion.