Banyan Announces Closing of Private Placement for Aggregate Proceeds of $14 Million

Toronto, Ontario--(Newsfile Corp. - June 20, 2024) - Banyan Gold Corp. (TSXV: BYN) (OTCQB: BYAGF) (the "Company") is pleased to announce that further to its press release dated June 12, 2024, it has closed its previously announced brokered private placement whereby the Company has issued (i) 23,150,000 common shares (the "LIFE FT Shares"), which qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the "Tax Act"), at a price of $0.38 per...

2024-06-20 9:24 AM EDT