Baru Gold Corp. press release

Baru Gold Announces Shares for Debt Transaction

2026-07-23

TSXV - TSX Venture Exchange · Gold · Silver · Copper · Arsenic · Barium · Lead · Zinc · Antimony · Molybdenum · Canada · Financing

(TheNewswire)

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Trading Symbol: “BARU: TSX.V | BARUF: OTCQB”

July 22, 2026 - TheNewswire - Vancouver, BC - Baru Gold Corp. (“Baru” or the “Company”) announces that it has approved the settlement in the amount of $713,258.55 of debt through the issuance of common shares of the Company (the “Debt Settlement”). Pursuant to the Debt Settlement, the Company would issue 14,265,171common shares of the Company at a deemed price of $0.05per common share to Mercer Street Global Opportunity Fund LLC (“Mercer”), an arms’ length lender (the “Creditor”).

[]()The Debt Settlement of $713,258.55 is for a partial settlement of a convertible loan agreement dated July 15, 2022, which was amended July 10, 2026, from the Creditor to the Company (see new release July 16, 2026). The issuance of the common shares to the Creditor is subject to the approval of the TSX Venture Exchange. All securities issued will be subject to a four month hold period which will expire on the date that is four months and one day from the date of issue.

ABOUT BARU GOLD CORP.

Baru Gold Corporation is a dynamic junior gold developer with NI 43-101 gold resources in Indonesia, one of the top ten gold producing countries in the world. Based in Indonesia and North America, Baru’s team boasts extensive experience in starting and operating small-scale gold assets.

BARU GOLD CORP

Per: “Terrence Filbert”

Terrence Filbert, Director President & CEO info@barugold.com

604-684-2183

For investor contacts more information, please contact:

Kevin Shum

Investor Relations

kevin@jeminicapital.com 647-725-3888 ext 702

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Certainstatements inthisNewsRelease,whicharenothistoricalinnature,constitute“forwardlooking statements”withinthemeaningofthatphraseunderapplicableCanadian securities law.Thesestatements include,butarenotlimitedto,statementsorinformationconcerningfutureworkprograms,resultsand timingofanyworkprograms,theCompany’sperformanceor eventsas ofthedatehereof.Thesestatements reflectmanagement’s currentassumptionsandexpectationsandbytheirnaturearesubjecttocertain underlyingassumptions,knownandunknownrisksanduncertainties andotherfactorswhichmaycause actualresults,performance oreventstobemateriallydifferentfromthoseexpressedorimpliedbysuch forwardlookingstatements.Thoserisksincludetheinterpretation ofdrillresults;thegeology,gradeand continuityofmineraldeposits;thepossibilitythatfutureexploration,developmentorminingresultswillnot beconsistentwithourexpectations; commodityandcurrencypricefluctuation; failuretoobtainadequate financing;regulatory, recoveryrates,refinerycosts,andotherrelevantconversionfactors,permittingand licensingrisks;generalmarketandminingexplorationrisksandproduction andeconomicrisksrelatedto designandengineering,manufacturing, technologicalprocessesandtestproceduresandtheriskthatthe project’soutputwill not besalableatapricethatwillcovertheproject’soperatingandmaintenancecosts. Forward-looking statementsshouldnotbeconstruedasinvestmentadvice.Readersshouldperforma detailed,independent investigation andanalysisoftheCompanyandareencouragedtoseekindependent professional advicebeforemakinganyinvestmentdecision.Accordingly, readersshouldnotplaceundue relianceonanyforward-lookingstatement.Exceptasrequiredbyapplicablesecuritieslaws,theCompany disclaims anyobligation toupdateorreviseanyforwardlookingstatementstoreflecteventsorchangesin circumstancesthatoccurafterthedatehereof.

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