Banyan Gold says Franco-Nevada subscribes for 10 million shares in private placement

Bitget2026/09/24 20:14

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Franco-Nevada subscribed for 10,000,000 Banyan Gold shares in a previously announced private placement financing.
Commitment split between a best-efforts offering for 8,250,000 shares and a concurrent non-brokered placement for 1,750,000 shares.
Shares sold under the best-efforts offering will not carry a Canadian hold period.
Shares issued in the concurrent placement will be subject to a statutory hold period expiring four months and one day post-issuance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Banyan Gold Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609241613PRIMZONEFULLFEED9833718) on September 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Banyan Gold says Franco-Nevada subscribes for 10 million shares in private placement

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