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Banyan Gold Corp. announces a $50 million private placement alongside an $8 million concurrent offering to support its Yukon projects. The transactions will close by September 29, 2026.
PRIVATESep 20, 2026•about 3 hours ago
Amount Raised
C$50 Million
Round Type
Post-IPO Equity
Vancouvermining & metals
Investors
Canaccord Genuity Corp.
Description
Banyan Gold Corp. has secured agreements for a private placement of up to 25 million shares at $2.00 each, aiming to raise $50 million. In addition, the company is undertaking a concurrent private placement for up to $8 million. The funds will be utilized for advancing Yukon projects and general corporate needs
Company Information
Company
Banyan Gold
Location
166 COUGARSTONE CRES. SW
Vancouver, Washington, United States
About
The AurMac Project is a gold mining project located in the Yukon Territory. It contains an Indicated Mineral Resource of 2.274 million ounces of gold and an Inferred Mineral Resource of 5.453 million ounces.
Fundz sees it the moment Banyan Gold raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.