Banyan Gold Corp. is pleased to announce that it is proposing to complete a fully subscribed non-brokered private placement of up to $16,000,000 in gross proceeds. The proposed Private Placement would consist of 30,357,144 Charity Flow Through Shares priced at $0.38 per share for gross proceeds of $11,535,715; 6,326,530 Flow Through Shares priced
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