Baru Gold US$100 Million Funding Relationship Strengthed by QXA Rebranding

Core Insights - Baru Gold Corp. has secured a US$100 million funding partnership with Quantum Metal Thailand, now rebranded as Quantum X Aurum Group (QXA) [2][6] - The partnership aims to advance the Sangihe Gold Project into production, reflecting a long-term collaboration between the two companies [3][4] - QXA has committed to further announcements regarding their partnership with Baru, with no material changes to the existing agreement [5] Company Overview - Baru Gold Corp. is a junior gold developer with NI 43-101 gold resources located in Indonesia, a leading gold-producing country [9] - The Sangihe Gold Project spans approximately 25,000 hectares, with only 10% of the gold-bearing area explored to date [7] - The company holds a 70% interest in the Sangihe mineral tenement Contract of Work (CoW), with a 30-year agreement upon the commencement of production [8]