Banyan Gold says Franco-Nevada subscribes for 10 million shares in private placement
Bitget2026/09/24 20:14- 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.
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