Blue Gold shares rise 10.65% premarket after $10M PIPE investment from Hudson Dunes.

Blue Gold surged 10.65% in premarket trading following the announcement of a $10 million private investment in public equity (PIPE) led by Hudson Dunes FZCO. Under the agreement, Hudson Dunes will purchase 2.5 million ordinary shares at $4.00 per share, strengthening Blue Gold’s balance sheet and expanding its strategic partnership with the Dubai-based commodity trading firm. The investment aligns with Blue Gold’s gold trading and tokenisation initiatives, including a gold supply agreement for up to 1 million ounces and a $15 million trading facility. Proceeds will support working capital, corporate operations, and debt repayment, with the transaction expected to close by March 9, 2026. The CEO emphasized the strategic significance of the partnership in advancing Blue Gold’s vertically integrated mine-to-market gold business.