BARU GOLD Completes Second and Final Tranche of Priv Ate Placement
News Release
July 22, 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 COMPLETES SECOND AND FINAL TRANCHE OF PRIV ATE PLACEMENT
Vancouver, BC – Baru Gold Corp. (the “Company” or “Baru”) is pleased to announce that it has closed the final
tranche ("Tranche Two") of the oversubscribed non-brokered private placement financing first announced on July
9, 2025. The total gross proceeds from the private placement were $1,383,606. In consideration, the Company
issued 16,277,711 Units, paid cash commissions of $15,856.75, and issued 186,550 Compensation Warrants. Each
Unit consists of one common share and one common share purchase warrant (a “Warrant”). Each Warrant and
Compensation Warrant entitles the holder to acquire one additional common share at a price of $0.115 for a period
of two (2) years from the date of issuance.
Although on July 11, 2025, the private placement was increased from $799,000 to $1,300,000, it was oversubscribed
by $83,606. Due to strong investor demand, the private placement exceeded its original target by $584,606 or 73%.
Participating in the private placement were several institutional investors and the Company is pleased to report that
one of the institutional investors was the single largest contributor.
Tranche Two raised gross proceeds of $485,653.07 and issued 5,713,565 Units at a price of $0.085 per Unit. In
connection with Tranche Two, the Company paid aggregate cash commissions of $3,808 and issued 44,800
Compensation Warrants.
All securities issued in this second tranche of the private placement will be subject to a four-month hold period
which will expire on November 23, 2025. The private placement remains subject to final approval of the TSX
Venture Exchange.
This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale
of the securities in any state in which such offer, solicitation or sale would be unlawful. The securities have not
been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the
United States absent registration or an applicable exemption from the registration requirements.
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
Baru Gold Corp.
9th Floor, 1021 West Hastings St
Vancouver, BC V6C 1L6
www.barugold.com
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
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 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.