Business
Baru Gold US$100 Million Funding Relationship Strengthed by QXA Rebranding
(TheNewswire) September 23, 2025 - TheNewswire - VANCOUVER, B.C. - Baru Go...
About this update from Baru Gold Corp
[{"type":"text","content":"Baru Gold US$100 Million Funding Relationship Strengthed by QXA Rebranding\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 September 23, 2025\n \n\n -\n \n\n TheNewswire -\n \n\n VANCOUVER, B.C. - Baru Gold Corp. (BARU: TSX.V | BARUF:\nOTCQB) ( “Baru”) is\n \n\n pleased to provide\nshareholders with an update on its previously announced US$100 million\nfunding partnership.\n \n\n\n\n As previously announced on May 15, 2025, Baru secured\na\n \n\n\n binding preliminary\nagreement\n \n\n\n for up to a\n \n\n\n US$100\nmillion funding arrangement\n \n\n\n . Baru is\npleased to report that Quantum Metal Thailand has rebranded\nto\n \n\n\n Quantum X A\n \n\n\n urum Group\n \n\n\n (“QXA”)\n \n\n\n as part of their broader corporate strategy to align with\nBaru’s operations and to support QXA’s long-term growth strategy\nand vision.\n \n\n\n\n This rebranding reflects the\n \n\n\n strength, scale, and synergy\n \n\n\n between\nthe two organizations as we prepare to advance Baru’s Sangihe Gold\nProject into production.\n \n\n\n\n\n\n “\n \n\n\n\n Quantum X Aurum\nGroup views its relationship with Baru Gold as a long-term\npartnership\n \n\n . We remain\ncommitted to collaborating closely with our stakeholders, partners and\ninvestors to ensure that each step we take delivers mutual benefit.\nThis approach aligns with our vision of creating enduring value within\nthe international digital gold sector,”\n \n\n said\nJonathan Seow, Chief Executive Officer and Managing Director of\nQuantum X Aurum Group.\n \n\n\n\n QXA has indicated that it will make further\nannouncements in due course that are separate from this news release.\nImportantly, there have been\n \n\n\n no material\nchanges\n \n\n\n to the\n \n\n\n binding\npreliminary agreement by and between Baru and QXA\n \n\n\n .\n \n\n\n\n Mr. Terrence Filbert, CEO of Baru Gold,\ncommented, “\n \n\n I am excited\nto continue this collaboration with QXA. With the US$100 million\nfunding arrangement intact and progressing, Baru Gold is\nwell-positioned to accelerate its path to production. We value the\nstrong working relationship with QXA and are excited about the\nopportunities this collaboration will create for our shareholders and\nthe communities on Sangihe Island.”...