Calgary, Alberta (FSCwire) -
Banyan Gold Corp. (“Banyan” or “The Company”), announces that subject to TSX Venture Exchange approval, it has completed a First Tranche non-brokered private placement for $600,000 in gross proceeds by issuing a total of 4,000,000 shares. The First Tranche Private Placement consists of 4,000,000 flow through shares (within the meaning of the Income Tax Act (Canada)), priced at $0.15 per share
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