Baru Gold Corp. announces that the Company wishes to amend the exercise term of 8,040,000 outstanding common share purchase warrants of the Company which were originally issued on January 24, 2023 for 7,040,000 Warrants and February 21, 2023 for 1,000,000 Warrants. The proposed expiry of the Warrants will be amended from January 24, 2025 and February 21, 2025 to June 24, 2025 and July 21, 2025, respectively with an [...]
Baru Gold announces that its Board of Directors has made certain amendments to its existing restricted share units plan that are intended to comply with the provisions of TSXV Policy 4.4 - Security Based Compensation, as well as other housekeeping changes. The amended RSU Plan is a fixed up to 5% restricted share units plan was approved by the shareholders of the Company at the annual general meeting of shareholders held [...]
Baru Gold announces, the Company's request for a Management Cease Trade Order, has received approval. The request was made as it was not able to file its audited annual financial statement for the period ended August 31, 2024, and its MD&A by the filing deadline of Dec 30, 2024 , and as a result is in default of its obligations under National Instrument 51-102 Continuous Disclosure Obligations. The Company has been [...]
Terry Filbert, CEO and Chairman of Baru Gold Corp. and President Director of its subsidiary PT. Tambang Mas Sangihe , is happy to provide an update to shareholders, a year-end review, and the outlook for 2025. I would personally like to thank our investors for their support over the last 12 months. The past year has seen the Company achieve several of its long-standing goals and lay the foundation for a transformative [...]
Baru Gold announces that it has granted an aggregate 5,400,000 stock options to directors, employees and consultants of the Company in accordance with the provisions of the Company's stock option plan, subject to the approval of the TSX Venture Exchange. Each option entitles the holder to purchase one common share of the Company at an exercise price of $0.055 for a two-year period expiring December 12, 2026. The Company [...]
Baru Gold announces that it has completed its private placement for an aggregate of $330,000, issuing 8,250,000 Units announced on November 26, 2024. 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 $0.06. The proceeds [...]
Baru Gold announces to shareholders a non-brokered private placement consisting of up to 7,500,000 units priced at $0.04 per unit for total proceeds of $300,000. 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 $0.06. The financing is [...]
Baru Gold and its subsidiary PT. Tambang Mas Sangihe wish to inform shareholders of noteworthy progress in obtaining funding for production operations. Institutional and corporate investment interest has increased following the rising and sustained high price of gold. The Company has recently received several unsolicited inquires from investors seeking to invest in the gold sector in Indonesia, including from coal [...]
Baru Gold and its subsidiary PT. Tambang Mas Sangihe are thrilled to announce to shareholders that the Company has signed a non-binding Letter of Intent with PT Arsari Tambang to become a Strategic Equity Partner and Investor. Background of PT Arsari Tambang: PT Arsari Tambang is a wholly owned subsidiary of Arsari Group. Arsari Group is an Indonesian conglomerate with operations in renewable energy, agribusiness, mining [...]
Baru Gold announced that its Board of Directors has approved a new shareholder rights plan pursuant to a shareholder rights agreement between the Company and Computer Trust Company of Canada as rights agent, effective immediately, the shareholders of the Company. The Plan has been adopted to ensure the fair treatment of all shareholders in connection with any take-over bid for the Company. The Plan is not being adopted in [...]
Baru Gold and its subsidiary PT. Tambang Mas Sangihe is happy to announce to shareholders that the Company has executed a non-binding Letter of Intent for investment with Thriveni Earthmovers. Thriveni is a diversified Indian mining company operating gold, iron, manganese and coal mines across India, Africa and Indonesia. Thriveni's mining operations have thrived and grown in challenging environments. Thriveni has the [...]
Baru Gold announces that it has completed its second and final tranche of its private placement for an aggregate of $56,210, issuing 3,747,333 Units previously announced on September 16, 2024. The Company has raised a total of $109,209.95 and issued 7,280,663 units from both tranches. Each unit will be comprised of one common share in the capital of the Company and one non-transferable common share purchase warrant. Each [...]