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BARU.V ·

BARU GOLD Corp. Announces Amendment to Warrant Terms

Share Capital & Compensation

News Release

Baru Gold Corp.

9th Floor, 1021 West Hastings St.

Vancouver, BC V6C 1L6

www.barugold.com

February 10, 2025 Trading Symbol: “BARU: TSX.V | BARUF: OTCQB”

BARU GOLD CORP. ANNOUNCES AMENDMENT TO WARRANT TERMS

Vancouver, BC - Baru Gold Corp (“Baru Gold” or the “Company”) announces that the Company wishes

to amend the exercise term of 13,136,799 outstanding common share purchase warrants (the “Warrants”)

of the Company which were originally issued on February 24, 2023 for 5,681,799 Warrants and March 15,

2023 for 7,455,000 Warrants. The proposed expiry of the Warrants will be amended from February 24,

2025 and March 15, 2025 to July 24, 2025 and August 15, 2025, respectively with an exercise price of

$0.10 per Warrant.

Pursuant to the terms of the Warrants, the Company may accelerate the expiry date of the Warrants if the

closing price of the Company’s common shares on the TSX Venture Exchange equals or exceeds C$0.12

for 5 consecutive trading days, to the date which is 30 days following the dissemination of a news release

announcing the acceleration. All other terms and conditions of the Warrants remain unchanged.

None of these Warrants are held by insiders and the proposed amendments remain subject to the approval

of the TSX Venture Exchange.

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.

BARU GOLD CORP.

“Terry Filbert”

Terry Filbert

Director and Chief Executive Officer

[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 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 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 and currency price fluctuation; failure to obtain

News Release

Baru Gold Corp.

9th Floor, 1021 West Hastings St.

Vancouver, BC V6C 1L6

www.barugold.com

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.