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BARU.V ·

BARU GOLD Completes Priv Ate Placement

Financings

News Release

June 19, 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 COMPLETES PRIV ATE PLACEMENT

Vancouver, BC - Baru Gold Corp (“ Baru” and its subsidiary PT. Tambang Mas Sangihe (“ TMS”) or the

“Company”) announces that it has completed its non-brokered private placement, the size of which was increased

from the amount previously announced on June 8, 2026, for aggregate proceeds of $336,625, issuing 7,480,555

units. Each unit comprises one common share in the capital of the Company (a “Share”) and one non-transferrable

share purchase warrant (a “ Warrant”). Each Warrant entitles the holder to purchase over two (2) years one (1)

additional Share at an exercise price of $0.07.

The use of proceeds as previously announced remains unchanged.

The private placement is subject to final 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. No finder’s fees were paid in connection with this issue.

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.

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 plann ing 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 Indicate d: 114,000), and over 3 million oz of silver

resource (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 uncertainty and various

technological and economic risks

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

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

[email protected]

604-684-2183

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 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.