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Banyan Gold Corp.: Banyan Announces Closing $1.5 M First Tranche of Financing - Vimarsana News

Banyan Gold Corp.: Banyan Announces Closing $1.5 M First Tranche of Financing

Banyan Gold Corp.: Banyan Announces Closing $1.5 M First Tranche of Financing Company" or " Banyan") ( TSXV:BYN) is pleased to announce, subject to approval by TSX-V, that it is closing the first tranche of $1,500,000 of a total $2,500,000 Private Placement. The Company intends to use the net proceeds from the Private Placement to expand its' exploration activities in 2021 on its' Yukon based properties. The first tranche includes 5,357,143 Flow Through Shares at $0.28. A second tranche consisting of approximately 3,076,924 Charity Flow Through Shares priced at $0.325 for gross proceeds of $1...