Banks Island announces that the Company has closed the second tranche of a brokered private placement offering of an aggregate of 691,375 flow-through units at a price of $0.58 per Flow-Through-Unit, for gross proceeds of $400,997.50, and 45,000 non-flow-through units at a price of $0.52 per Non-Flow-Through Unit, for gross proceeds of $23,400. Each Flow-Through Unit consists of one flow-through common share ("a
[...]