BARU Announces Updates to Its Restricted Share Units Plan
News Release
January 7, 2025 Trading Symbol: “BARU: TSX.V | BARUF: OTCQB”
BARU ANNOUNCES UPDATES TO ITS RESTRICTED SHARE UNITS PLAN
Vancouver, BC - Baru Gold Corp (the “Company” or “Baru”) announces that its Board of Directors has
made certain amendments to its existing restricted share units plan (the “RSU Plan”) that are intended
to comply with the provisions of TSXV Policy 4.4 – Security Based Compensation, as well as other
housekeeping changes.
The amended RSU Plan is a fixed up to 5% restricted share units plan was approved by the shareholders
of the Company at the annual gene ral meeting of shareholders he ld on December 31, 2024.
Under the amended RSU Plan, the Company may grant up to 14,190,371 common shares (5% of the
issued and outstanding common shares of the Company) to eligibl e participants pursuant to the terms of
the RSU Plan. The amended RSU Plan is subject to final acceptance of the TSXV.
The Company's 2024 stock option plan is a 10% rolling stock option plan.
BARU GOLD CORP
Per: “Terry Filbert”
Terry Filbert, Director
President & CEO [email protected] For investor contacts more information, please contact:
Kevin Shum
Investor Relations [email protected]
647-725-3888 ext 702
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Certain statements in this News Release, which are not historic al in nature, constitute “forward looking
statements” within the meaning of that phrase under applicable Canadian securities law. These statements
include, but are not limited to, statements or information conc erning future work programs, results and timing
of any work programs, the Company’s performance or events as of the date hereof. These statements reflect
management’s current assumptions and expectations and by their nature are subject to certain underlying
assumptions, known and unknown risks and uncertainties and othe r factors which may cause actual results,
performance or events to be materially different from those exp ressed or implied by such forward looking
statements. Those risks include the interpretation of drill res ults; the geology, grade and continuity of mineral
deposits; the possibility that future exploration, development or mining results will not be consistent with our
expectations; commodity and currency price fluctuation; failure to obtain adequate financing; regulatory,
Baru Gold Corporation
Vancouver, BC V6C 1L6
www.barugold.com
recovery rates, refinery costs, and other relevant conversion f actors, permitting and licensing risks; general
market and mining exploration risks and production and economic risks related to design and engineering,
manufacturing, technological processes and test procedures and the risk that the project’s output will not be
salable at a price that will cover the project’s operating and maintenance costs. Forward-looking statements
should not be construed as investment advice. Readers should perform a detailed, independent investigation and
analysis of the Company and are encouraged to seek independent professional advice before making any
investment decision. Accordingly, readers should not place undu e reliance on any forward-looking statement.
Except as required by applicable securities laws, the Company disclaims any obligation to update or revise any
forward-looking statements to reflect events or changes in circumstances that occur after the date hereof.