Mr. Terry Filbert reports

BARU GOLD CORP. ANNOUNCES AMENDMENT TO WARRANT TERMS

Baru Gold Corp. intends to amend the expiry dates of an aggregate of 12,006,666 outstanding common share purchase warrants of the company. The PP (private placement) extended warrants comprise the following:

• 7.04 million common share purchase warrants originally issued on Jan. 24, 2023 (the PP 2023-1 (T1) warrants), previously extended to expire on June 24, 2025;
• One million common share purchase warrants originally issued on Feb. 21, 2023 (the PP 2023-1 (T2) warrants), previously extended to expire on July 21, 2025;
• 3,966,666 common share purchase warrants originally issued on June 25, 2023 (the PP 2023-3 (T1) warrants), currently set to expire on June 26, 2025.

Subject to the approval of the TSX Venture Exchange, the company proposes to amend the expiry date of all PP extended warrants to Dec. 31, 2025. The exercise price of each warrant remains unchanged at 10 cents per warrant.

Pursuant to the terms of the warrants, the company may accelerate the expiry date of the warrants if the closing price of the company's common shares on the TSX-V equals or exceeds 12 cents for five consecutive trading days, to the date that is 30 days following the dissemination of a news release announcing the acceleration. All other terms and conditions of the warrants remain unchanged.

The proposed extension includes the amendment of 1,533,333 warrants held by Shidan Murphy, an insider of the company. As a result, the amendment constitutes a related party transaction under MI 61-101 but is exempt from the formal valuation and minority shareholder approval requirements pursuant to sections 5.5(a) and 5.7(1)(a) of MI 61-101.

About Baru Gold Corp.

Baru Gold is a dynamic junior gold developer with National Instrument 43-101 gold resources in Indonesia, one of the top 10 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.

We seek Safe Harbor.