Baru Gold Corp. announces the closing of the first tranche of the private placement announced on March 25, 2025 for $336,321.88 and will be issuing 8,408,047 Units. Each unit will be comprised of one common share in the capital of the Company and one non-transferable common share purchase warrant . Each Warrant shall be exercisable for one Share for 2 years from the date such Warrant is issued at an exercise price of [...]
Baru Gold Corp. or the "Company") announces to shareholders in accordance with TSX Venture Exchange regulations and in response to market conditions, it has adjusted the pricing of its non-brokered private placement initially set forth on February 27, 2025. The Company is now offering up to 25,000,000 common shares at a revised price of $0.04 per share, for gross proceeds of up to $1,000,000. Each unit will comprise one [...]
Baru Gold and PT Tambang Mas Sangihe wish to provide shareholders the latest information on the search for strategic partners and investors. The Company previously announced two non-binding Letters of Intent for Investment on Nov 19, 2024, and Feb 24, 2025. The Company can now report that the LOI announced on Nov 19, 2024, with PT Arsai Tambang, will not go forward. PT Arsai Tambang has decided not to sign the definitive [...]
Baru Gold announces to shareholders a non-brokered private placement consisting of up to 14,300,000 units priced at $0.07 per unit for total proceeds of $1,001,000. 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 $0.11. The financing is [...]
Baru Gold is pleased to announce that effective Feb. 24, 2025, the BCa Securities Commission has revoked the temporary management cease trade order which prevented the Company's Officers, Board and Insiders from trading in the Company's securities but did not affect the ability of other shareholders, including the public, to trade in the securities of the Company. The Company confirms that it has completed the filing of [...]
Baru Gold is happy to provide an update to shareholders on the latest progress in securing a strategic partner and investor to bring the Sangihe Project into production. The Company has signed a non-binding Letter of Intent with a distinguished family office, that specializes in developing new opportunities within the mining and real estate sectors. The Investor currently holds a portfolio of gold mines in various stages [...]
Baru Gold provides an update with respect to the previously announced Management Cease Trade Order issued by the British Columbia Securities Commission on Jan 2, 2025. The Company is providing notice in accordance with National Policy 12-203 - Management Cease Trade Orders. The MCTO was issued by the BCSC on January 2, 2025. It prevents the Company's Officers, Board and Insiders from trading in the Company's securities [...]
Baru Gold Corp. and its subsidiary PT. Tambang Mas Sangihe , is pleased to announce the filing of a Technical Report and Mineral Resource Estimate on the Sangihe Gold and Silver Project in accordance with the National Instrument 43-101 - Standards of Disclosure in Mineral Projects. The Resource Estimate Report was requested by the Company to prepare for production operations and satisfies a requested due diligence [...]
Baru Gold Corp. and its subsidiary PT. Tambang Mas Sangihe are pleased to update shareholders on the Company's progress to increase the State of Activity status from Exploration to Production Operations on the Sangihe Gold Project. As announced on December 20, 2024, the Indonesian Ministry of Energy and Mineral Resources reviewed the Company's Application for Production Operations. As part of the Review, the ESDM sought [...]
Baru Gold Corp. announces that the Company wishes to amend the exercise term of 13,136,799 outstanding common share purchase 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 [...]
Baru Gold provides an update with respect to the previously announced Management Cease Trade Order issued by the British Columbia Securities Commission on Jan 2, 2025. The Company is providing notice in accordance with National Policy 12-203 - Management Cease Trade Orders . The MCTO was issued by the BCSC on January 2, 2025. It prevents the Company's Officers, Board and Insiders from trading in the Company's securities [...]
Baru Gold and its subsidiary PT. Tambang Mas Sangihe is pleased to welcome Sri Darmawan as our new Chief Operating Officer of the Sangihe Gold Project. In his new role as COO, Sri Darmawan will oversee the Company's mining operations and day-to-day activities, ensuring efficient, safe, and sustainable management. His leadership will also focus on improving operational performance, optimising resource management, and [...]