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Two Blokes Jul 16 -
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July 16, 2025 – TheNewswire - Vancouver, BC - Baru Gold Corp. ( BARU: TSX.V | BARUF: OTCQB ) (the “ Company” or “Baru”) announces that it has completed its first tranche of its private placement (a “ Private Placement ”) for an aggregate of $897,952.50, issuing 10,564,146 Units at $0.085 per unit which was previously announced on July 9, 2025 and subsequently increased the offering on July 11, 2025. Each unit will be comprised of one common share in the capital of the Company (a “ Share ”) and one non-transferable common share purchase warrant (a “ Warrant ”). Each Warrant shall be exercisable for one Share for 2 years from the date such Warrant is issued at an exercise price of $0.115. The second and final tranche of the $1.3 million offering will be oversubscribed and close July 18, 2025. The proceeds raised from the Private Placement will support working capital and particular pre-production expenses, enabling an accelerated construction and production startup timeline. Finder's fees of $12,048.75 were paid in cash and 141,750 finders warrants equal to 7% of the gross subscription proceeds raised in this tranche were issued to two finders in accordance with the policies of the TSX Venture Exchange. The finder's warrants are exercisable for one Share for 2 years from the date such Warrant is issued at an exercise price of $0.115.
