Baru Gold Announces Shares for Debt Transaction

Tr ading 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 14,265,171 common shares of the Company at a deemed price of $0.05 per 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.   Cert a in st a t e me n ts in t h is News R ele as e, w h ich a re no t h ist o ric a l in na t u re, c on stit u te “f o r w a rd l oo ki ng st a teme n ts” wit h in t h e m ean i n g o f t ha t ph r a se und er app lic ab le C anad i a n sec u rities l a w. T h ese st a teme nt s i n cl ud e, bu t a re no t limited t o , st a te m e n ts o r i n f or m a ti o n c on cer n i n g f u t u re w o rk p r og r a ms, r es u lts a nd timi n g o f an y w o rk p r og r a ms, t h e C o m p an y’s p erf or m an ce o r e v en ts a s o f t h e da te h ere o f.

T h ese st a te m e n ts reflect m anag eme n t’s c ur re n t a ss u m p ti on s a n d ex p ect a ti on s an d b y t h eir na t u re a re s ub ject to cert a in und erlyi n g a ss u m p ti on s, kno wn an d un k no wn risks an d un cert a i n ties an d o t h er f a ct o rs w h ich m a y c aus e a ct ua l res u lts, p erf o rm an ce o r eve n ts to b e m a teri a l ly d iffere n t fr o m t ho se ex p res s ed o r im p lied b y s u ch f o rw a rd l oo k i n g st a teme n ts. T ho se risks i n cl ud e t h e i n ter p ret a ti o n o f d rill res u lts; t h e g e o l o g y, g r ad e a n d c on ti nu ity o f mi n er a l d e p o sits; t h e po ssi b ility t ha t f u t u re ex p l o r a ti on , d evel op me n t o r mi n i n g res u lts will not b e c on siste n t with ou r ex p e ct a ti on s; c o m m od ity a n d c u rre n cy p rice fl u ct ua t i on ; f a il u re to ob ta in a d e quat e fi nan ci n g ; re gu l a t o ry, rec o very r a t e s, refi n ery c o sts, an d o t h er relev an t c on versi o n f a ct o rs, p ermitti n g a n d lice n si n g ris k s; g e n er a l ma rket an d mi n i n g ex p l o r a t i o n risks an d p r odu cti o n a n d ec ono mic risks rel a ted to d esi g n a n d e ng i n eeri ng , m anu f a ct u ri n g , tec hno l og i c a l p r o cesses an d test p r o ce du res an d t h e risk t ha t t he p r o ject’s ou t pu t will no t b e s a l ab le a t a p rice t ha t w i ll c o ver t h e p r o ject’s op e ra ti n g a n d m a i n te nan ce c o sts. F o rw a r d -l o o ki n g st a teme n ts s hou l d n o t b e c o n str u ed a s i n vestme n t ad vice.

Re ad ers s hou ld p erf o rm a d et a ile d , i nd e p e nd e n t i n vesti ga ti o n an d ana lysis o f t h e C o m pan y a n d a re e n c ou r ag ed to se e k i nd e p e nd e nt p r o fessi ona l ad vice b ef o re m a ki n g an y i n vestme n t de cisi on . Acc ord i ng ly, re ad ers s hou ld no t p l a ce und u e reli an ce o n a n y f o rw a rd-l o o ki n g st a teme n t. Exce p t a s re qu ired b y app lic ab le sec u rities l a ws, t h e C o m pan y d iscl a ims an y ob l i ga ti o n to up d a te o r revise an y f o rw a rd l oo ki n g s t a teme n ts to reflect e v e n ts o r c hang es i n circ u mst an c e s t ha t o cc u r a fter t h e da te h ere o f.   Copyright (c) 2026 TheNewswire - All rights reserved.

TheNewsWire July 22, 2026 - 7:46 PM PDT News by QuoteMedia www.quotemedia.com