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Baru Gold ( (TSE:BARU) ) has provided an update.
Baru Gold Corp has announced a non-binding Letter of Intent for a USD$35,000,000 investment from a Singapore-based family office specializing in mining and real estate. This investment, which would give the investor a 60% equity stake, aims to advance the Sangihe Project into production, pending due diligence and necessary approvals.
More about Baru Gold
Baru Gold Corp is a company operating in the mining industry, focusing on gold mining projects. Its primary project is the Sangihe Gold Project located in Indonesia, which has significant gold and silver resources.
YTD Price Performance: 15.38%
Average Trading Volume: 418,237
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$21.91M
For detailed information about BARU stock, go to TipRanks’ Stock Analysis page.