Baru Gold Corp. Completes Oversubscribed Private Placement

Vancouver, BC — July 22, 2025 — NewsWall — Baru Gold Corp. has closed the final tranche of its oversubscribed non-brokered private placement, initially announced on July 9, 2025. The total gross proceeds from the placement reached $1,383,606, with the company issuing 16,277,711 Units, paying cash commissions of $15,856.75, and issuing 186,550 Compensation Warrants.

Each Unit includes one common share and one common share purchase warrant, allowing the holder to acquire an additional common share at $0.115 for two years from issuance.

The private placement was increased from $799,000 to $1,300,000 on July 11, 2025, and was oversubscribed by $83,606, exceeding its original target by $584,606 due to strong investor demand, which included several institutional investors.

Tranche Two raised $485,653.07, with 5,713,565 Units issued at $0.085 each. The company paid $3,808 in cash commissions and issued 44,800 Compensation Warrants related to Tranche Two.

All securities from the second tranche are subject to a four-month hold period expiring on November 23, 2025, with the placement still awaiting final approval from the TSX Venture Exchange.

The Sangihe Gold Project, located on the Indonesian island of Sangihe, covers approximately 25,000 ha, with an existing National Instrument 43-101 report suitable for mining planning and production schedules for an area within the 65-hectare area targeted for initial production. The Company's 70-percent interest in the Sangihe-mineral-tenement Contract of Work (“CoW”) is held through PT. Tambang Mas Sangihe (“TMS”).

Frank Rocca, Chief Geologist of Baru Gold Corp., is the Qualified Person under NI 43-101 who has reviewed and approves the content of this release.

Contact: Terry Filbert, Director, President & CEO, info@barugold.com, 604-684-2183. Kevin Shum, Investor Relations, kevin@jeminicapital.com, 647-725-3888 ext 702

Source: Baru Gold Corp.