Skip to main content
The Markets by Proactive
Go to Proactive Australia

Mining

Baru Gold issues shares for debt

Baru Gold Corphas approved a debt settlement of $183,139.68 by issuing 6,104,656 shares at $0.03 per share to its CEO, Terrence Filbert. The settlement covers $128,139.68 in cash advances and $55,000 in management fees provided by Filbert between February 2023 and August 31, 2023. The previously announced debt settlement of $334,463.28, involving 6,689,266 common shares, has been cancelled.