Mr. Terrence Filbert reports

BARU GOLD COMPLETES SHARES FOR DEBT TRANSACTION

Baru Gold Corp. has completed a debt settlement transaction (previously announced July 22, 2026) with Mercer Street Global Opportunity Fund LLC, an arm's-length lender, in the amount of $713,258.55 of debt through the issuance of common shares of the company. Pursuant to the debt settlement, the company issued 14,265,171 common shares of the company at a deemed price of five cents per common share to the creditor.

The debt settlement of $713,258.55 is for a partial settlement of a convertible loan agreement dated July 15, 2022, which was amended July 10, 2026, from the creditor to the company (see new release July 16, 2026). The issuance of the common shares to the creditor is subject to the approval of the TSX Venture Exchange. All securities issued will be subject to a four-month hold period, which will expire on the date that is four months and one day from the date of issue.

About Baru Gold Corp.

Baru Gold is a dynamic junior gold developer with National Instrument 43-101 gold resources in Indonesia, one of the top-10 gold-producing countries in the world. Based in Indonesia and North America, Baru's team boasts extensive experience in starting and operating small-scale gold assets.

We seek Safe Harbor.