Banyan Gold Corp. is pleased to announce that it has closed its previously announced non-brokered private placement financing of $12.2 million in gross proceeds, subject to final TSX-V approval. "We are grateful for the support of our new strategic investor and two existing shareholders who participated in this financing, setting up Banyan with a strong treasury", stated Tara Christie, President and CEO. "Banyan is well [...]
Banyan Gold Corp. is pleased to announce that its previously announced non brokered private placement has been increased to raise aggregate gross proceeds of up to $12,180,391 through the issuance of up to 12,978,520 premium flow though shares at a price of $0.568 per Premium FT Share and up to 12,021,480 common shares at a price of $0.40 per Hard Share . The Offering is now fully subscribed. "We are pleased with the [...]
Banyan Gold Corp. is pleased to announce that it proposes to raise aggregate gross proceeds of up to $11,498,791 through the issuance of up to 11,778,520 premium flow though shares at a price of $0.568 per Premium FT Share and up to 12,021,480 common shares at a price of $0.40 per Hard Share . Each Premium FT Share will be issued as a flow-through share within the meaning of the Income Tax Act . Proceeds from the sale of [...]
Banyan Gold Corp. is pleased to announce the analytical results from thirty-six diamond drill holes completed during the Company's 2022 exploration program at the Powerline and Aurex Hill deposits located on the Company's AurMac Property, Yukon Territory. Assay highlights from this most recent batch of assays received include: 56.6 metres of 0.46 g/t Au from 35.1 m in DDH AX-22-283 34.5 m of 1.00 g/t Au from 67.1 m in DDH [...]
Banyan Gold Corp. is pleased to announce additional analytical results from the diamond drill holes completed during the Company's 2022 exploration program at the Powerline deposit located on the Company's AurMac Property. Assay highlights include: 177.9 metres of 0.47 g/t Au from 24.4 m in DDH AX-22-251 Including 27.1 m of 1.50 g/t Au from 97.2 m 114.1 m of 0.52 g/t Au from 167.8 m in DDH AX-22-252 Including 30.4m of [...]
Banyan Gold Corp. is pleased to announce the appointment of Jason Neal as an advisor to the Company. Banyan will benefit from Mr. Neal's experience as a mining executive, board member and investment banker. Mr. Neal currently serves as Lead Director of G Mining Ventures, which is fully-financed and developing the Tocantinzinho Project in Brazil. Mr. Neal served as Executive Vice President at Kirkland Lake Gold and [...]
Banyan Gold Corp. is pleased to announce the analytical results from thirty-six diamond drill holes completed during the Company's 2022 exploration program at the Powerline deposit located on the Banyan's AurMac Property. Assay highlights include: 131.0 metres of 0.41 g/t Au in AX-22-217 45.0 m of 1.07 g/t Au in AX-22-221 175.8 m of 0.57 g/t Au in AX-22-224 48.7 m of 0.61 g/t Au in AX-22-229 55.4 m of 0.49 g/t Au in [...]
Banyan Gold Corp. announces the filing of the Technical Report to support the Updated Mineral Resource Estimate in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards incorporated by reference in National Instrument 43-101 for the AurMac Property. The AurMac Property is located in the Mayo Mining district, approximately 40 kilometres northeast from the village of [...]
Banyan Gold Corp. is pleased to announce the completion of the Royalty Purchase Agreement from the Estate of Jim McFaull , whereby Banyan Gold has purchased 100% of the Vendor's royalty interest on 97 claims, known as the McFaull Claims, within the Aurex Claim Block of the AurMac Property. The Vendor had been granted Royalty Interests under a Net Smelter Royalty Agreement dated November 23, 1992. The McFaull Claims cover [...]
Banyan Gold Corp. is pleased to announce, subject to final TSX-V approval, a non-brokered private placement of $17 million in gross proceeds. This is an increase of $0.5 M from the previous announcement on June 8th. "With the completion of this financing, Banyan will be fully funded into 2023 for continued growth and development at AurMac. The 2022 resource update added 3.1 million ounces with 40,000 of drilling. With [...]
Banyan Gold Corp. is pleased to announce a fully subscribed non-brokered private placement of up to $16,497,799.80 in gross proceeds. The Private Placement will consist of 16,210,500 Charity Flow Through Shares priced at $0.63 per share for gross proceeds of $10,212,615.00, 4,974,000 Flow Through Shares priced at $0.55 per share for gross proceeds of $ 2,735,700.00; and 7,887,744 Shares priced at $0.45 for gross proceeds [...]
The Power Play by The Market Herald has announced the release of new interviews with Nextech AR Solutions, Else Nutrition, Banyan Gold, Eat Well Group, and Trillion Energy on their latest news. The Power Play by The Market Herald provides investors with a quick snapshot of what they need to know about the company's latest press release through exclusive insights and interviews with company executives. Nextech AR Solutions [...]