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Bullboard - Stock Discussion Forum Baru Gold Corp V.BARU

Alternate Symbol(s):  BARUF

Baru Gold Corp. is a Canada-based junior gold developer with NI 43-101 gold resources in Indonesia. 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... see more

TSXV:BARU - Post Discussion

Baru Gold Corp > Baru Gold Cancels Previously Announced Financing
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Post by 000Kam on Dec 01, 2022 11:07am

Baru Gold Cancels Previously Announced Financing

December 1, 2022
 

Baru Gold Corp (“Baru” or the “Company”) announces that the Company will not be proceeding with the proposed non-brokered private placement that was previously announced on October 12, 2022. The Company may announce a new non-brokered private placement in the future however is currently considering alternate forms of funding.

Comment by WellyPop on Dec 01, 2022 4:31pm
" Baru Gold cancels private placement " I seem to have read already that BARU was suing the INDONESIAN FEDERAL POLITICAL AUTHORITIES for its failure to fulfill its fiduciary obligations with regard to the development of the GOLD mine on the island of SANGEHI... Is that what it's all about...?! If YES then TERRY scores a HOMERUN...!   It could well be that it ...more  
Comment by WellyPop on Dec 01, 2022 4:35pm
We were then talking about an amount of around 37 million US MONEY...! gla
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