November 22, 2014 11:58 PM ET

Metals and Mining

Company Overview of Blue Gold Mining Inc.

Company Overview

Blue Gold Mining Inc., an exploration stage company, engages in exploring and developing mineral properties in Canada. It has the right and option to acquire up to a 65% interest in the Ball Creek Project consisting of 39 contiguous mineral claims covering 14,539 hectares located in northwestern British Columbia. The company was formerly known as Drexel Resources Ltd. and changed its name to Blue Gold Mining Inc. in August 2011. Blue Gold Mining Inc. was incorporated in 2009 and is headquartered in Vancouver, Canada. As of December 14, 2012, Blue Gold Mining Inc. operates as a subsidiary of Riverstone Resources Inc.

1055 West Hastings Street

Suite 1650

Vancouver, BC V6E 2E9

Canada

Founded in 2009

Phone:

604-683-7790

Fax:

604-632-4678

Key Executives for Blue Gold Mining Inc.

Executive Chairman
Age: 46
Chief Financial Officer and Secretary
Age: 45
Vice President of Business Development
Vice President of Exploration
Compensation as of Fiscal Year 2014.

Blue Gold Mining Inc. Key Developments

Blue Gold Mining Inc. Announces Board of Directors Resignations

Riverstone Resources Inc. and Blue Gold Mining Inc. announced that Riverstone has acquired all of the outstanding common shares of Blue Gold pursuant to the previously announced statutory plan of arrangement. Messrs. Leonard Boggio, Charles Ronkos and Scott Lamacraft have agreed to voluntarily tender their resignations from Blue Gold's board of directors as of the effective date of the Arrangement.

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