BARU GOLD Announces Priv Ate Placement
News Release
June 8, 2026 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 it is offering up to 7,000,000 common shares (the "Shares") at a price of
$0.045 per share, for gross proceeds of up to $315,000. 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 $0.07. The financing is expected to close on or
before June 12, 2026.
As recently announced, on June 3, 2026, the Company received a formal letter from Ministry of Energy and Mineral
Resources on May 29, 2026, outlining the requested updates on documents that are necessary to complete the
application for Production Operations. The updates are administrative in nature and reflect the transition into a new
calendar year. The Company has made updating and submission of these documents its highest priority. These are
standard corporate and personal documents that will be submitted over the next month.
The proceeds from this offering are expected to be sufficient to support the Company operations over the next three
months and the allocation of funds raised will be used for the following purposes:
• Salaries for Indonesian staff - 38%
• Legal and audit professional fees of 16%
• Salary to non-arm’s length parties of the Company - 22%
• Payments to for investor relations activities in Canada and Indonesia - 6%
• Travel expenses - 8%
• Balance for general working capital purposes – 10%
The Company reminds interested participants that the Private Placement is subject to re -pricing if the stock price
increases following the release of news.
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.
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.
Baru Gold Corp
ration
9th Floor 1021 West Hastings St
Vancouver, BC V6C 1L6
www.barugold.com
Baru Gold Corporation
9th Floor 1021 West Hastings St
Vancouver, BC V6C 1L6
www.barugold.com
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-ha area targeted for initial
production. Within the area targeted for initial production, the National Instrument 43 -101 report estimates over
200,000 oz of gold resource (Inferred: 91,000 and Indicated: 114,000), and over 3 million oz of silver resour ce
(Inferred: 1,080,000 and Indicated: 1,930,000) as reported in 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, February 1st, 2025). Only 10% 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 uncer tainty 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 Corporation 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.
On behalf of the Board of Directors
BARU GOLD CORP.
“Terry Filbert”
Terry Filbert
Chairman and Chief Executive Officer
604-684-2183
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 t he
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 inc lude 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 an d
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 eng ineering, 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 relian ce 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.