Baru Gold (TSE:BARU) has released an update.
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Baru Gold Corp has successfully completed a $330,000 private placement, which was fully subscribed within 48 hours, to support its financial obligations and strategic operations. The raised funds will cover audit fees, land taxes, and provide working capital for ongoing projects and regulatory processes. The Sangihe Gold Project, located in Indonesia, continues to be a key focus with substantial gold resources identified.
For further insights into TSE:BARU stock, check out TipRanks’ Stock Analysis page.