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BARU.V ·

BARU GOLD Corp. Announces the 2023 Shareholders’ Annual General Meeting Results

Shareholder Meetings

News Release

JANUARY 5, 2024 Trading Symbol: “BARU: TSX.V | BARUF: OTCQB”

BARU GOLD CORP. ANNOUNCES THE 2023 SHAREHOLDERS’ ANNUAL GENERAL

MEETING RESULTS

VANCOUVER, B.C. TSXV: BARU

Baru Gold Corp. (the “Company”) announces the voting results from its 2023 Annual and Special

General Meeting of Shareholders (the “Meeting”), held on Friday, December 29, 2023 in Vancouver, B.C.

where the shareholders approved all of the Meeting resolutions proposed by the Management in the

information circular of the Company dated November 24, 2023 and filed on www.sedarplus.ca on

December 7, 2023.

Included in these resolutions, were the amended and restated 2023 rolling 10% share option plan (the

“Share Option Plan”) and the restricted share unit plan (the “Restricted Share Unit Plan”) proposed by

the management for shareholders’ approval at the Meeting, were approved by the shareholders by the way

of an ordinary resolution. The Share Option Plan and the Restricted Share Unit Plan are implemented by

the Company in order to align with the TSX Venture Exchange's updated Policy 4.4 with respect to the

granting of stock options and other forms of security-based compensation. The Share Option Plan and the

Restricted Share Unit Plan shall be subject to review and acceptance by the TSX Venture Exchange.

Interested readers can find all of the items approved at the Meeting in the Company's Management

Information Circular posted on the Company's SEDAR+ profile at www.sedarplus.ca.

On behalf of the Board of Directors

BARU GOLD CORP.

“Terry Filbert”

Terry Filbert

Director and Chief Executive Officer

President & CEO

[email protected]

For investor contacts more information, please contact:

Kevin Shum

Investor Relations

[email protected]

647-725-3888 ext. 702

Baru Gold Corp.

Baru Gold Corporation

9th Floor 1021 West Hastings St

Vancouver, BC V6C 1L6

www.barugold.com

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

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 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.