Banyan Gold Completes Final Private Placement
Company Announcements

Banyan Gold Completes Final Private Placement

Banyan Gold (TSE:BYN) has released an update.

Banyan Gold Corp. has successfully completed the second and final tranche of its private placement, raising a total of $14,301,270. This last tranche involved the issuance of 1,111,000 common shares at $0.27 each, amounting to $299,970, which will be allocated for general and administrative expenses. The company emphasizes that these shares will be subject to a hold period until October 2024, according to Canadian securities laws.

For further insights into TSE:BYN stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskBanyan Gold Unveils Promising AurMac Project Results
TipRanks Canadian Auto-Generated NewsdeskBanyan Gold Launches Yukon Geophysical Gold Survey
TipRanks Canadian Auto-Generated NewsdeskBanyan Gold Endorses Yukon Grid Initiative and Issues Stock Options
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App