Baru Gold Corp Announces US$35,000,000 Letter of Intent for Investment
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Baru Gold Corp. has announced a US$35 million Letter of Intent with a Singapore-based family office to invest in the Sangihe Project. This strategic partnership aims to bring the project into production, leveraging the investor's experience in mining and real estate.
February 24, 2025 | 4:45 pm
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Baru Gold Corp. has signed a US$35 million Letter of Intent with a Singapore-based investor to develop the Sangihe Project. This partnership could accelerate the project's production phase.
The US$35 million investment from a strategic partner is significant for Baru Gold Corp., as it could expedite the Sangihe Project's production. The investor's expertise in mining and real estate adds value, likely boosting investor confidence and stock price.
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