Blue Gold Limited shares fall 8.65% in premarket after announcing acquisition strategy in West Africa and Latin America.

Blue Gold Limited plunged 8.65% in premarket 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 business is gold mining, with a focus on restarting 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.