Banyan Announces Closing of Private Placement for Aggregate Proceeds of $14.5 Million
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Banyan Gold Corp. has successfully closed a private placement, raising $14.5 million through the issuance of common shares. The funds were raised without any finders fee or commissions.
March 14, 2025 | 4:15 pm
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Banyan Gold Corp. completed a private placement, raising $14.5 million through the issuance of common shares. This capital raise could support future growth and exploration activities.
The successful closing of a $14.5 million private placement provides Banyan Gold Corp. with additional capital, which can be used for growth and exploration activities. This is a positive development for the company, likely to have a favorable impact on its stock price in the short term.
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