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Baru Gold Corp V.BARU

Alternate Symbol(s):  BARUF

Baru Gold Corp. is a Canada-based mineral resource exploration company. The Company is focused on developing and producing precious metals projects in Indonesia. The Company’s focus is on developing precious metals projects with significant resource upside potential and near-term production capabilities. The Company’s Sangihe Gold project mineral tenement consists of one block covering the southern half of Sangihe Island, located between the northern tip of Sulawesi Island (Indonesia) and the southern tip of Mindanao (Philippines). The Sangihe Project covers 42,000ha; this includes the Bawone, Binebase prospects on the eastern part of the island and Taware prospect in the south-central region with infrastructure in place. The Company has a 70% interest in the Sangihe project.


TSXV:BARU - Post by User

Post by 000Kamon Jan 05, 2023 10:52am
107 Views
Post# 35204738

financing

financingBaru Gold Corp. a organis un placement priv sans intermdiaire de 1,5 million de dollars comprenant jusqu' 75 millions d'units au prix de deux cents l'unit. Chaque unit sera compose d'une action ordinaire du capital de la socit et d'un bon de souscription d'action ordinaire incessible. Chaque bon de souscription permettra son dtenteur d'acheter une action supplmentaire un prix d'exercice de cinq cents pour un an et de 10 cents pour la deuxime anne compter de la date d'mission du bon de souscription. Le financement devrait tre conclu au plus tard le 15 fvrier 2023.
Le pourcentage d'utilisation du produit du financement sera de 15 % pour l'acquisition de terrains, 20 % pour le forage, 7 % pour la scurit, 3 % pour les relations avec les investisseurs. , 23 % pour les paiements des parties ayant un lien de dpendance et 32 % pour le fonds de roulement. 
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