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

• 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.

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