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 Sept 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 [...]
Baru Gold and its subsidiary PT. Tambang Mas Sangihe is pleased to announce to shareholders that the Government of the Republic of Indonesia has approved and awarded the Company a permit for Approval For Suitability of Space Utilization. In addition, we are announcing that Baru has closed the first tranche of $52,999.95 of the on-going private placement. The PKKPR permit certifies that Company's planned spatial [...]
Baru Gold announces to shareholders a non-brokered private placement consisting of up to 6,700,000 units priced at $0.015 per unit for total proceeds of $100,500. 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 $0.05. This round of [...]
Baru Gold reports that its board of directors has approved the settlement of up to $162,782 of debt through the issuance of common shares of the Company. Pursuant to the Debt Settlement, the Company would issue up to 10,852,133 common shares of the Company at a deemed price of $0.015 per Share to Shidan Murphy, director of the Company The Debt Settlement, previously announced on September 5, 2024, has been amended to [...]
Baru Gold announces that it has approved the settlement in the amount of $163,526.17 of debt through the issuance of common shares of the Company. Pursuant to the Debt Settlement, the Company would issue 10,901,745 common shares of the Company at a deemed price of $0.015 per common share to Shidan Murphy, a director of the Company. The Debt Settlement is for $163,526.17 in cash advances from Shidan Murphy to the Company [...]
Baru Gold announces that it has completed its private placement for an aggregate of $113,000, issuing 7,533,333 Units announced on June 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 $0.05. The proceeds [...]
Baru Gold announces to shareholders a non-brokered private placement consisting of up to 6,700,000 units priced at $0.015 per unit for total proceeds of $100,500. 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 $0.05. This round of [...]
Baru Gold Corp. "BARU: TSX.V | BARUF: OTCQB" reports that its board of directors has approved the settlement of up to $137,500 of debt through the issuance of common shares of the Company . Pursuant to the Debt Settlement, the Company would issue up to 6,875,000 common shares of the Company at a deemed price of $0.02 per Share to certain directors and officers of the Company The Debt Settlement is for $137,500 in [...]
Baru Gold Corp. | reports that its board of directors has approved the settlement of up to $157,500 of debt through the issuance of common shares of the Company . Pursuant to the Debt Settlement, the Company would issue up to 7,875,000 common shares of the Company at a deemed price of $0.02 per Share to certain directors and officers of the Company The Debt Settlement is for $157,500 in management and director fees from [...]
Baru Gold Corp. | announces that it has granted an aggregate 4,946,993 restricted share units to Terry Filbert, CEO of the Company in accordance with the provisions of the Company's Restricted Share Units Plan. The grant of the RSUs is subject to the approval of the TSX Venture Exchange. The RSUs entitle the holder to a lump sum payment in cash equal to the number of vested RSUs recorded in the holder's account, or the [...]