Baru Gold to raise up to $100,000 in non-brokered private placement

Baru Gold Corp. (TSX-V:BARU) is launching a non-brokered private placement, aiming to raise $100,000 through the issuance of up to 2,500,000 units priced at $0.04 per unit, each comprising one common share and one non-transferable common share purchase warrant with specific exercise prices over a two-year period. The funds raised will be allocated towards working capital and pre-production expenses as the company awaits the issuance of an upgrade to Production Operation status by the State of Activity.