Banyan Gold launches C$50 million unregistered share placement at C$2 per share

Bitget2026/09/20 22:24

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Banyan Gold launched a best-efforts private placement of up to 25,000,000 shares at CAD 2 per share for up to CAD 50 million.
Canaccord Genuity to act as lead agent, sole bookrunner for a syndicate of agents.
Planned concurrent non-brokered private placement of up to 8,000,000 shares at CAD 2 to raise up to CAD 8 million.
Closing targeted for about Sept. 29, 2026, subject to regulatory clearances, including conditional TSX Venture Exchange approval.
Proceeds earmarked for advancing Yukon projects, general corporate purposes, working capital.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Banyan Gold Corp. published the original content used to generate this news brief on September 20, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Banyan Gold launches C$50 million unregistered share placement at C$2 per share

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