Baru Gold Corp.

Baru Gold announces that it has approved the settlement in the amount of $183,139.68 of debt through the issuance of common shares of the Company. Pursuant to the Debt Settlement, the Company would issue 6,104,656 common shares of the Company at a deemed price of $0.03 per common share to Terrence Filbert, the Chairman and CEO of the Company. The Debt Settlement is for $128,139.68 in cash advances from Terrence Filbert to [...]

Baru Gold announces that further to its news release dated Oct 13, 2023, the Company paid a finder's fee of $720 in cash commission and 18,000 finder's warrants to Canaccord Genuity. All securities issued in the Private Placement will be subject to a four-month hold period expiring February 12, 2024. The Sangihe Gold Project is located on the Indonesian island of Sangihe, off the northern coast of Sulawesi. Sangihe has an [...]

Baru Gold Corp. announces that it has closed $155,000, issuing 3,875,000 Units previously announced on Oct 3, 2023 and Oct 11, 2023. 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 $0.07 for the first year and $0.10 [...]

Baru Gold announces to shareholders an increase to the non-brokered private placement offering announced on Oct 3, 2023, consisting of up to 3,875,000 units priced at $0.04 per unit for total proceeds of $155,000. As the demand for the offering was higher than anticipated, we are announcing an increase to the non-brokered private placement offering announced on Oct 3, 2023. Each unit will comprise one common share in the [...]

Baru Gold announces to shareholders a non-brokered private placement consisting of up to 2,500,000 units priced at $0.04 per unit for total proceeds of $100,000. 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 $0.07 for the first year [...]

Baru Gold announces that it has approved the settlement in the amount of $334,463.28 of debt through the issuance of common shares of the Company. Pursuant to the Debt Settlement, the Company would issue 6,689,266 common shares of the Company at a deemed price of $0.05 per Share to Terry Filbert, the Chairman and CEO of the Company. The issuance of the Shares to the Creditor is subject to the approval of the TSX Venture [...]

Baru Gold is happy to announce to shareholders that a second mining contractor PT. Putra Rimpulaeng Persada has signed a legally binding contract to operate and produce gold on Sangihe Island. The owners and employees of PT. Putra Rimpulaeng Persada are residents of Sangihe. The Contractor will pay the Company IDR 3,750,000,000 for the right to exclusively operate across 7 ha within the Company's Contract of Work. The [...]

Baru Gold and its subsidiary PT. Tambang Mas Sangihe is pleased to announce to shareholders they have completed applying and submitting all necessary documents to request a new upgrade to Production Operation Status to the Ministry of Energy and Mineral Resources of the Republic of Indonesia for 25,000 ha. This Production Operation Status will replace the Company's current Production Operation Activity Status. The [...]

Baru Gold is happy to announce to shareholders that mining contractor CV. Mahamu Hebat Sejahtera has signed a legally binding contract to operate and produce gold on Sangihe Island. There were no substantial changes between this contract signed August 4, 2023 and the intent of the Memorandum of Understanding, announced on August 3, 2023. However, in the interest of shareholders, the Company has decided to allocate the 65 [...]

Baru Gold wishes to inform stakeholders and investors on the signing of a Memorandum of Understanding that includes both financial and operational terms with mine contractor CV. Mahamu Hebat Sejahtera. The Contractor is a resident of Sangihe Island with previous mining experience. The terms of the MoU state that the Contractor will pay the Company approximately CAD $6 million over three months. In exchange, the Company [...]