Banyan Announces Franco-Nevada Subscription for 10 Million Shares in Previously Announced Financing
Banyan Announces Franco-Nevada Subscription for 10 Million Shares in Previously
Announced Financing
Not for distribution to United States newswire services or for dissemination in the United
States
Vancouver, British Columbia, September 2 4, 2026 – Banyan Gold Corp. (TSXV:BYN)
(OTCQB: BYAGF) (“ Banyan” or the “Company”) is pleased to provide an update on its best
efforts private placement (the " Offering") and the non -brokered private placement (the
“Concurrent Offering”) previously announced on September 20, 2026.
Franco-Nevada Corporation (“ Franco”) has subscribed for 8,250,000 shares of the Company
(“Shares”) pursuant to the Offering and 1,750,000 Shares pursuant to the Concurrent Offering.
All other terms of the Offering and the Concurrent Offering remain unchanged from the
announcement press release dated September 20, 2026.
Subject to compliance with applicable regulatory requirements and in accordance with National
Instrument 45-106 – Prospectus Exemptions (“NI 45-106”), the Shares to be issued pursuant to
the Offering will be offered for sale to purchasers resident in Canada and/or other qualifying
jurisdictions pursuant to the listed issuer financing exemption under Part 5A of NI 45 -106 as
amended and supplemented by Coordinated Blanket Order 45 -935 Exemptions from Certain
Conditions of the Listed Issuer Financing Exemption . The Shares sold pursuant to the Offering
will not be subject to a hold period pursuant to applicable Canadian securities laws. The Shares
sold pursuant to the Concurrent Offering will be subject to a statutory hold period expiring four
months and one day f ollowing the date of issuance pursuant to applicable Canadian securities
laws.
There is an offering document related to the Offering that can be accessed under the Company’s
profile on SEDAR+ at www.sedarplus.ca and on the Company’s website at
www.banyangold.com. Prospective investors should read this offering document before making
an investment decision.
This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall
there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale
would be unlawful, including any of the securities in the United States of America. The securities
have not been and will not be registered under the United States Securities Act of 1933 , as
amended (the “1933 Act”) or any state securities laws and may not be offered or sold within the
United States or to, or for account or benefit of, U.S. persons unless registered under the 1933
Act and applicable state securities laws, or an exemption from such registration requ irements is
available. “United States” and “U.S. person” have the meaning ascribed to them in Regulation S
under the 1933 Act.
About Banyan
Banyan’s primary asset, the AurMac Project is located in the Traditional Territory of the First
Nation of Na -Cho Nyäk Dun in Canada’s Yukon Territory. The AurMac Project comprises two
main deposits, the Airstrip and Powerline Deposits.
In addition to the AurMac Project, the Company holds the Hyland Gold Project, located 70 km
northeast of Watson Lake, Yukon, along the southeast end of the Tintina Gold Belt in the
Traditional Territory of the Kaska Nations, closest to the Liard First Nation and
Daylu Dena Council.
Banyan also holds the Nitra Gold Project and Seattle -Goodman Creek Project which are
grassroots exploration projects located in the Mayo Mining district, adjacent to the AurMac Gold
Project. These properties lie in the northern part of the Selwyn Basin and are underlain by
metaclastic rocks of the Late Proterozoic Yusezyu Formation of the Hyland Group, similar to
lithologies hosting portions of the AurMac Project. Middle Cretaceous Tombstone Plutonic suite
intrusions occur along the properties including the Morrison Creek and Minto Creek stocks. The
properties are 100% owned by Banyan and cover over 530 sq km. The properties are accessible
by road along the Silver Trail Highway, South McQuesten Road and a network of other smaller
roads across the properties.
Banyan trades on the TSX Venture Exchange under the symbol “BYN” and is quoted on the
OTCQB Venture Market under the symbol “BYAGF”. For more information, please visit the
corporate website at www.banyangold.com or contact the Company.
ON BEHALF OF BANYAN GOLD CORPORATION
(signed) "Tara Christie"
Tara Christie
President & CEO
For more information, please contact:
Tara Christie • 778 928 0556 • [email protected]
Jasmine Sangria • 604 312 5610 • [email protected]
CAUTIONARY STATEMENT: Neither the TSX Venture Exchange, its Regulation Services
Provider (as that term is defined in policies of the TSX Venture Exchange) nor OTCQB
Venture Market accepts responsibility for the adequacy or accuracy of this release.
No stock exchange, securities commission or other regulatory authority has approved or
disapproved the information contained herein.
FORWARD LOOKING INFORMATION: This release contains forward-looking information, which
is not comprised of historical facts and is based upon the Company’s current internal
expectations, estimates, projections, assumptions and beliefs. Such information can generally be
identified by the use of forward-looking wording such as “may”, “will”, “expect”, “estimate”,
“anticipate”, “intend(s)”, “believe”, “potential” and “continue” or the negative thereof or similar
variations. Forward-looking information involves risks, uncertainties and other factor s that could
cause actual events, results, performance, prospects and opportunities to differ materially from
those expressed or implied by such forward -looking information. Forward looking information in
this news release includes, but is not limited to, the completion of the Offering and Concurrent
Offering and use of proceeds to be raised pursuant thereto, the receipt of all applicable regulatory
approvals, the potential for resource expansion and increased grades; mineral recoveries and
anticipated mining costs. Factors that could cause actual results to differ materially from such
forward-looking information include uncertainties inherent in reso urce estimates, continuity and
extent of mineralization, capital and operating costs varying significantly from estimates, the
preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required
governmental, environmental or other project approvals, political risks, uncertainties relating to
the availability and costs of financing needed in the future, changes in equity markets, inflation,
changes in exchange rates, fluctuations in commodity prices, availability of financing, receipt of
regulatory approvals, and the other risks involved in the mineral exploration and development
industry, enhanced risks inherent to conducting business in any jurisdiction, and those risks set
out in Banyan’s public documents filed on SEDAR+. Although Banyan believes that the
assumptions and factors used in prepa ring the forward-looking information in this news release
are reasonable, undue reliance should not be placed on such information, which only applies as
of the date of this news release, and no assurance can be given that such events will occur in the
disclosed time frames or at all. Banyan disclaims any intention or obligation to update or revise
any forward -looking information, whether as a result of new information, future events or
otherwise, other than as required by law.