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Mining

Baru Gold increases private placement

Baru Gold Corp. (TSX-V:BARU) announced an increase in its non-brokered private placement to 15,000,000 units at $0.02 per unit, raising total proceeds of $300,000. The funds will support legal and audit fees related to upgrading the Sangihe Gold Project and provide working capital. The offering expires on March 9, 2024, with no proposed payments to non-arm’s length parties or investor relations activities.