JANUARY 5, 2024 - TheNewswire - VANCOUVER, B.C. - Baru Gold Corp. (TSXV:BARU) (the “Company”) is pleased to report that at the 2023 Annual and Special General Meeting of Shareholders (the “Meeting”), held on Friday, December 29, 2023, in Vancouver, B.C., the shareholders approved all the Meeting resolutions proposed by management.   The resolutions contained in the information circular, were dated November 24, 2023, and filed on www.sedarplus.ca on December 7, 2023.

Included in these resolutions, were the amended and restated 2023 rolling 10% share option plan (the “Share Option Plan”) and the restricted share unit plan (the “Restricted Share Unit Plan”) proposed by the management for shareholders’ approval at the Meeting, were approved by the shareholders by the way of an ordinary resolution. The Share Option Plan and the Restricted Share Unit Plan are implemented by the Company in order to align with the TSX Venture Exchange's updated Policy 4.4 with respect to the granting of stock options and other forms of security-based compensation. The Share Option Plan and the Restricted Share Unit Plan shall be subject to review and acceptance by the TSX Venture Exchange.

Interested readers can find all the items approved at the Meeting in the Company's Management Information Circular filed on the Company's SEDAR+ profile at www.sedarplus.ca and are also posted on the Company’s website at www.barugold.com.

On behalf of the Board of Directors

BARU GOLD CORP.

“Terry Filbert”                       

Terry Filbert

Director and Chief Executive Officer

President & CEO

info@barugold.com

For investor contacts more information, please contact:

Kevin Shum

Investor Relations

kevin@jeminicapital.com

647-725-3888 ext. 702

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Certain statements in this News Release, which are not historical in nature, constitute “forward looking statements” within the meaning of that phrase under applicable Canadian securities law. These statements include, but are not limited to, statements or information concerning future work programs, results and timing of any work programs, the Company’s performance or events as of the date hereof. These statements reflect management’s current assumptions and expectations and by their nature are subject to certain underlying assumptions, known and unknown risks and uncertainties and other factors which may cause actual results, performance or events to be materially different from those expressed or implied by such forward looking statements. Those risks include the interpretation of drill results; the geology, grade and continuity of mineral deposits; the possibility that future exploration, development or mining results will not be consistent with our expectations; commodity and currency price fluctuation; failure to obtain adequate financing; regulatory, recovery rates, refinery costs, and other relevant conversion factors, permitting and licensing risks; general market and mining exploration risks and production and economic risks related to design and engineering, manufacturing, technological processes and test procedures and the risk that the project’s output will not be salable at a price that will cover the project’s operating and maintenance costs. Forward-looking statements should not be construed as investment advice. Readers should perform a detailed, independent investigation and analysis of the Company and are encouraged to seek independent professional advice before making any investment decision. Accordingly, readers should not place undue reliance on any forward-looking statement. Except as required by applicable securities laws, the Company disclaims any obligation to update or revise any forward looking statements to reflect events or changes in circumstances that occur after the date hereof.