Baru Gold Announces Addition to the Board and Grants Options

(TheNewswire)

November 17, 2025 – TheNewswire - Baru GoldCorp. (“ Baru ” or the“ Company ”) ( BARU : TSX.V | BARUF:OTCQB ) announces theappointment of Matthew Charles Farmer to the Board of Directors.

Mr. Farmer is a senior exploration and mining executivewith more than 30 years of experience across Southeast Asia,Australasia, and the Americas. He has held leadership roles with majorand junior mining companies—including Newmont, BP Minerals, PanAust,and Tiberon Minerals—and is recognized for his discovery trackrecord, operational discipline, and ability to advance projects fromearly exploration through development.

Mr. Farmer has made significant contributions toseveral world-class deposits, including Batu Hijau, the Nui Phaopolymetallic deposit, Mesel, Mt. Muro, and the Ban Houayxai extension.His expertise covers the full exploration life cycle, with broadexperience in managing large multicultural teams, multimillion-dollarbudgets, and complex technical programs.

Mr. Farmer’s experience in Indonesia is particularlyextensive , spanning multiple regions, commodities, and stages ofproject development. As Exploration Manager Indonesia for SumatraCopper and Gold, he led all exploration across South and West Sumatra,overseeing three exploration projects and one major developmentproject. Under his leadership, the team discovered the high-gradeBelinau underground resource, secured a joint venture with Newcrest atLebong Tandai, and supported successful fundraising on the LSE andASX.

Earlier, during more than a decade with Newmont, Mr.Farmer held senior exploration roles across Sulawesi, Kalimantan, andNusa Tenggara. He managed major programs at the Mesel Mine, Lanut, andBakan deposits; supervised advanced drilling, geological modeling, andearly development studies; and contributed to generative work thatsupported Newmont’s Indonesian growth pipeline. His time inIndonesia also included the early drilling phases at Batu Hijau, oneof the region’s largest copper-gold porphyry deposits.

Most recently, Mr. Farmer served as General ManagerExploration for Pan Australian, overseeing exploration programs inLaos, Chile, and Papua New Guinea. He rebuilt discovery-focused teams,delivered new gold-silver resources now under development, expandednear-mine gold-copper inventories, and strengthened the company’sgenerative and data capabilities.

His broader Southeast Asian career includes seniorroles in Myanmar, Vietnam, Laos, and Papua New Guinea, where hemanaged large technical teams, led commercial and joint venturenegotiations, and presented exploration strategies to boards and majorinstitutional investors.

Mr. Farmer holds a B.Sc. in Geology from the Universityof Auckland and has completed executive and technical programs atStanford University and James Cook University. In addition to English and Bahasa Indonesia, he has a workingknowledge of  Thai, Lao, French, and Vietnamese, and has cultivated a wide network of government and industrycontacts throughout Southeast Asia.

A New Zealand, British, and Australian national basedin the region, Mr. Farmer brings to Baru Gold a deep understanding ofIndonesia’s geology, regulatory environment, and operatinglandscape—along with a proven ability to deliver exploration resultsand advance projects toward development.

Stock Option Grant

Subject to the approval of the TSX Venture Exchange ,the Company has granted 300,000 stock options to Mr. Farmer and anadditional 950,000 stock options todirectors, management and employees of the Company in accordance withthe provisions of the Company's stock option plan, Each optionentitles the holder to purchase one common share of the Company at anexercise price of $0.06 for for a period of twoyears. The options are subject to a four monthhold period from the date of grant. .

The Company also announces that it has granted1,800,000 stock options to an officer of theCompany in accordance with the provisions of the Company's stockoption plan, Each option entitles the holder to purchase one commonshare of the Company at an exercise price of $0.075 for a period oftwo years. The options are subject to a fourmonth hold period from the date of grant.

ABOUT BARU GOLD CORPORATION

Baru Gold Corporation is a dynamic junior golddeveloper with NI 43-101 gold resources in Indonesia, one of the topten gold producing countries in the world. Based in Indonesia andNorth America, Baru’s team of mining and finance professionalsboasts extensive experience in starting and operating small-scale goldand coal assets. Baru is positioned to become Indonesia’s next goldproducer.

BARU GOLD CORPORATION

Per: “Terry Filbert”

Terry Filbert, Director

President & CEO
info@barugold.com
604-684-2183

For investor contacts more information, please contact:

Kevin Shum

Investor Relations

kevin@jeminicapital.com
647-725-3888 ext 702

Neither TSXVenture Exchange nor its Regulation Services Provider (as that term isdefined in the policies of the TSX Venture Exchange) acceptsresponsibility for the adequacy or accuracy of this release.

Certain statements in this NewsRelease, which are not historical in nature, constitute “forwardlooking statements” within the meaning of that phrase underapplicable Canadian securities law. These statements include, but arenot limited to, statements or information concerning future workprograms, results and timing of any work programs, the Company’sperformance or events as of the date hereof. These statements reflectmanagement’s current assumptions and expectations and by theirnature are subject to certain underlying assumptions, known andunknown risks and uncertainties and other factors which may causeactual results, performanceor events to be materially different from those expressed or impliedby such forward looking statements. Those risks include theinterpretation of drill results; the geology, grade and continuity ofmineral deposits; the possibility that future exploration, developmentor mining results will not be consistent with our expectations;commodity and currency price fluctuation; failure to obtain adequatefinancing; regulatory, recovery rates, refinery costs, and otherrelevant conversion factors, permitting and licensing risks; generalmarket and mining exploration risks and production and economic risksrelated to design and engineering, manufacturing, technologicalprocesses and test procedures and the risk that the project’s outputwill not be salable at a price that will cover the project’soperating and maintenance costs. Forward-looking statements should notbe construed as investment advice. Readers should perform a detailed,independent investigation and analysis of the Company and areencouraged to seek independent professional advice before making anyinvestment decision. Accordingly, readers should not place unduereliance on any forward-looking statement. Except as required byapplicable securities laws, the Company disclaims any obligation toupdate or revise any forward looking statements to reflect events orchanges in circumstances that occur after the date hereof.

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