On March 13, 2024, Baru Gold Corporation closed the transaction. The company issued 4,545,000 units at a price of CAD 0.02 per unit for gross proceeds of CAD 90,900 in its second and final tranche. No finder?s fees were paid in connection with this issue.

All securities issued in the private placement will be subject to a four-month hold period expiring July 8, 2024. The transaction included participation from four placees.