Banyan Gold Corp. Announces Private Placement Offering

Banyan Gold Corp. (TSX Venture: BYG) today disclosed that it has entered into a private placement transaction. The company did not disclose the terms of the offering, including the number of shares to be issued or the pricing structure. The filing was made public on October 31 2025 via the newsfeed of StockWatch.

Context and Company Profile

Banyan Gold Corp. is a Canadian mining enterprise focused on acquiring, exploring, and developing gold deposits. The company is listed on the TSX Venture Exchange and trades in Canadian dollars. As of 30 October 2025, its share price closed at CAD 0.80, with a 52‑week high of CAD 0.84 and a 52‑week low of CAD 0.175. The market capitalization is CAD 330 660 000. The company’s price‑earnings ratio is ‑72.22, reflecting its current status as an exploration‑stage operation.

Purpose of the Private Placement

While the filing did not specify the use of proceeds, private placements by exploration‑stage companies are typically employed to fund drilling, feasibility studies, or portfolio expansion. The transaction is expected to provide Banyan Gold with additional capital to accelerate its exploration programs across Canadian jurisdictions.

Regulatory and Disclosure Requirements

The offering is subject to the regulatory framework governing securities on the TSX Venture Exchange. As a listed issuer, Banyan Gold must comply with ongoing disclosure obligations, including the filing of a prospectus or other offering memorandum, and must report the transaction in its periodic financial statements. Investors should review the company’s latest filings for detailed terms and conditions.

Market Reaction and Outlook

At the time of publication, the market had not yet responded to the announcement. Banyan Gold’s share price remained close to its 30‑day average, suggesting limited immediate volatility. The company’s exploration focus, coupled with the potential infusion of capital, may support future asset development and could influence the company’s valuation once production timelines are clarified.

Note: This article is based solely on the information disclosed in the October 31, 2025 StockWatch announcement and the company’s publicly available fundamentals. No additional information has been incorporated.