Business
Baru Gold Grants Restricted Share Units and Share Options
(TheNewswire) May 13, 2025 – TheNewswire - Vancouver, BC - Baru Gold Corp ( ...
About this update from Baru Gold Corp
[{"type":"text","content":"Baru Gold Grants Restricted Share Units and Share Options\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n May 13, 2025 – TheNewswire -\n \n\n Vancouver, BC - Baru Gold Corp\n \n\n (\n \n\n BARU: TSX.V | BARUF: OTCQB\n \n\n )\n \n\n (the\n \n\n “\n \n\n Company”\n \n\n or\n \n\n “Baru”\n \n\n ) announces that it has granted an\naggregate\n \n\n 7,490,371\n \n\n restricted share units (the\n \n\n “RSUs”\n \n\n ) to Terry\nFilbert, CEO of the Company in accordance with the provisions of the\nCompany’s Restricted Share Units Plan.\n \n\n\n\n The grant of the RSUs is subject to the approval of the\nTSX Venture Exchange. The RSUs entitle the holder to (i) a lump sum\npayment in cash equal to the number of vested RSUs recorded in the\nholder’s account, or (ii) the number of common shares required to be\nissued to a holder upon the vesting of such holder’s RSUs (on the\nbasis of one common share for each vested RSU).\n \n\n\n\n Insiders of the Company participation in the foregoing\ngrant of securities constitutes a \"related party\ntransaction\" as defined under Multilateral Instrument\n61-101\n \n\n Protection of\nMinority Security Holders in Special Transactions\n \n\n (“\n \n\n MI\n61-101\n \n\n ”). Such participation is exempt from\nthe formal valuation and minority shareholder approval requirements of\nMI 61-101 as neither the fair market value of the securities acquired\nby the insiders, nor the consideration for the securities paid by such\ninsiders, exceed 25% of the Company's market capitalization.\n \n\n\n\n ABOUT BARU GOLD CORP.\n \n\n\n\n Baru Gold Corp. is a dynamic junior gold developer with\nNI 43-101 gold resources in Indonesia, one of the top ten gold\nproducing countries in the world. Based in Indonesia and North\nAmerica, Baru’s team boasts extensive experience in starting and\noperating small-scale gold assets.\n \n\n\n\n BARU GOLD CORP.\n \n\n\n\n Per:\n \n\n “Ronald\nScott Chaykin”\n \n\n\n\n Ronald Scott Chaykin, Director\n \n\n\n\n\n\n [email protected]\n \n\n\n\n\n\n\n\n\n For investor contacts more information, please contact:\n \n\n\n\n Kevin Shum\n \n\n\n\n Investor Relations\n \n\n\n\n\n [email protected]\n \n\n\n\n\n\n 647-725-3888 ext 702\n \n\n\n\n Neither TSX\nVenture...