BARU GOLD Announces Priv Ate Placement
News Release
July 9, 2025 Trading Symbol: “BARU: TSX.V | BARUF: OTCQB”
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES
BARU GOLD ANNOUNCES PRIV ATE PLACEMENT
Vancouver, BC - Baru Gold Corp (“Baru” and its subsidiary PT. Tambang Mas Sangihe (“TMS”) or the
“Company”) announces to shareholders a non-brokered private placement consisting of up to 9,400,000
units priced at $0.085 per unit for total proceeds of $799,000.
Each unit will comprise one common share in the capital of the Company and one non-transferable
common share purchase warrant. Each warrant will entitle the holder to purchase over two years one
additional share at an exercise price of $0.115. The financing is expected to close on or before July 15,
2025, as this offering is fully committed.
This Private Placement is subject to re-pricing if the stock price increases following the release of news
and that the use of proceeds of this financing will be used for working capital.
Baru and Quantum Metal Thailand Co., Ltd (“QMT”) are still undertaking due diligence and negotiation
of the definitive agreements that was announced in the news releases of May 15, 2025, and June 12, 2025.
Executive Management of both Baru and QMT are currently in Thailand and are working diligently to
progress the financing of up to US$100 Million.
The Company reminds shareholders that all land use taxes have been paid, and the Company is awaiting
issuance of the upgrade to Production Operations, as announced in the June 24, 2025 news release
Insiders of the Company participation in the foregoing offering constitutes a "related party transaction" as
defined under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special
Transactions (“MI 61-101”). Such participation is exempt from the formal valuation and minority
shareholder approval requirements of MI 61-101 as neither the fair market value of the securities acquired
by the insiders, nor the consideration for the securities paid by such insiders, exceed 25% of the Company's
market capitalization.
The private placement is subject to regulatory approval, and all securities to be issued pursuant to the
financing are subject to a four-month hold period under applicable Canadian securities laws. All funds are
denominated in Canadian dollars. In connection with the private placement, the company may pay finders'
fees in cash or securities, or a combination of both, as may be permitted by the policies of the exchange.
Baru Gold Corp.
9th Floor 1021 West Hastings St
Vancouver, BC V6C 1L6
www.barugold.com
The securities being offered have not been, nor will they be, registered under the United States Securities
Act of 1933, as amended, or state securities laws, and may not be offered or sold within the United States
or to, or for the account or benefit of, U.S. persons absent U.S. federal and state registration or an
applicable exemption from the U.S. registration requirement.
The Company would also like to clarify a typographical error in the Company’s news release dated June
12, 2025, pertaining to the one month fee payable to German Mining Network (GMN). The fee was stated
payable in USD and it should be CAD 6,800,
ABOUT SANGIHE GOLD PROJECT
The Sangihe Gold Project (“Sangihe”) is located on the Indonesian island of Sangihe, off the northern coast of
Sulawesi with a gold bearing area of approximately 25,000 ha.
Sangihe has an existing National Instrument 43-101 report suitable for mining planning and production schedules
for an area within the 65-hectare area targeted for initial production. See the company's "Independent Technical
Report on the Updated Mineral Resource Estimates of the Binebase and Bawone Deposits, Sangihe Project, North
Sulawesi, Indonesia" (Mining Associates Pty. Ltd., Feb. 1, 2025). Only 10 per cent of the gold-bearing area has
been explored.
Readers are cautioned that mineral resources that are not mineral reserves do not have demonstrated economic
viability. The Company intends to proceed to production without the benefit of first establishing mineral reserves
supported by a feasibility study. The Company cautions readers that the any production decision made by the
Company will not be based on a NI 43-101 feasibility study of mineral reserves that demonstrates economic and
technical viability and as such, there may be involved increased uncertainty and various technological and
economic risks
The Company's 70-percent interest in the Sangihe-mineral-tenement Contract of Work (“CoW”) is held through
PT. Tambang Mas Sangihe (“TMS”). The remaining 30-percent interest in TMS is held by other Indonesian
corporations. The term of the Sangihe CoW agreement is 30 years upon commencement of the production phase of
the project. Baru has met all the requirements of the Indonesian government and has been granted its environmental
permit.
ABOUT BARU GOLD CORP.
Baru Gold Corp. is a dynamic junior gold developer with NI 43-101 gold resources in Indonesia, one of the top ten
gold producing countries in the world. Based in Indonesia and North America, Baru’s team boasts extensive
experience in starting and operating small-scale gold assets.
Frank Rocca, BAppSc.(Geology), MAusIMM, MAIG, CPI-KCMI, Chief Geologist of Baru Gold Corp.
is the Qualified Person as defined under NI 43-101 who has reviewed and approves the content of this
release.
BARU GOLD CORP
Per: “Terry Filbert”
Terry Filbert, Director
President & CEO
For investor contacts more information, please contact:
Kevin Shum
Investor Relations
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 historical 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 concerning 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 other factors which may cause
actual results, performance or events to be materially different from those expressed or implied by such forward looking
statements. Those risks include the interpretation of drill results; 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, recovery rates, refinery costs, and other relevant
conversion factors, 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 undue 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.