Corporate History

2010

  • July 26, 2010: Incorporated as Banyan Coast Capital
  • Founding Directors: Mark Ayranto, David Rutt (CFO & Corporate Secretary), Richmond Graham (President & CEO),  and John Hilland

2011

  • IPO of $300,000 @ $0.15 as a Capital Pool Company

2013

  • Changed name to Banyan Gold Corp.
  • Acquired a 100% interest in the Hyland Gold Project as a Qualifying Transaction for 4,000,000 shares to Argus Metals and 150,000 shares to Victoria Gold Corp.
  • Completed a $500K financing at $0.10
  • Completed a $200K financing at $0.10
  • John Hilland and David Rutt did not stand for re-election with Jay Collins, Tara Christie and Greg Melchior joined the Board of Directors

2014

  • Created an Advisory Board with Rob Carne, P.Geo as its first member
  • Richmond Graham resigned as President & CEO, and Mark Ayranto appointed as Executive Chair

2015

  • Completed a $435K financing @$0.05
  • Completed $60K financing @ $0.05
  • Greg Melchior did not stand for re-election to the Board of Directors

2016

  • Completed a $200K financing @$0.05
  • Mark Haywood, President & CEO & Director (Feb 1 – June 30)
  • Tara Christie appointed President & CEO (Aug)
  • Completed a $1.2 million financing, ($611,801 Flow-Thru Shares @ $0.075 and $558,199 in Regular Shares @ $0.065)
  • Sean Harvey added to the advisory board

2017

  • Signed option agreements on McQuesten & Aurex gold properties
  • Steve Burleton and David Reid joined the Board of Directors
  • Completed a $800K financing (3,406,312 Flow-Thru Shares @$0.095 and 5,625,000 Share Units @ $0.08)
  • Richmond Graham did not stand for re-election as a Director
  • Completed a $600K financing of Flow-Thru Shares @ $0.15
  • Received regulatory approval for Aurex/McQuesten acquisitions
  • Completed Phase 1 Exploration Program at Aurex-McQuesten Gold Project
  • Completed a $204K financing of Flow-Thru Shares @ $0.15

2018

  • Filed NI 43-101 Technical Report on updated mineral resource estimate for the main zone, Hyland Gold property
  • Commenced 2018 exploration program at Hyland Gold Project, Yukon
  • Completed First Tranche non-brokered private placement for $539,222
  • Jay Collins resigned as Director
  • Completes second year earn-in exploration expenditure commitment on the Aurex and McQuesten Properties optioned from Victoria Gold Corp. and Alexco Resource Corp.

2019

  • Completed First Tranche Non-Brokered Private Placement for $450,000
  • Completed a $500,000 Flow-Thru Shares at $0.05
  • Renegotiated Terms on the Aurex-McQuestion Gold Property Options, Yukon to Earn Up To 100% from Victoria Gold Corp. and Alexco Resource Corp.
  • Completed a 1,000 metre diamond drill program at Aurex-McQuestion Gold Project, Yukon
  • Hits High Grade Gold at Aurex-McQuesten Property, Yukon
  • Completed Third Year Earn In Commitments on the Aurex and McQquesten Gold Properties, Yukon

2020

  • Filed initial NI 43-101 Technical Report for AurMac Property, 903,945 gold ounces
  • Completed $4.32M first tranche of financing of 12,500,000 Charity Flow Through Shares at $0.28, 2,000,000 Flow Through Shares at $0.25 and 1,600,000 Common Shares at $0.20
  • Completed $4.74M financing of 14,000,000 Charity Flow Through Shares at $0.28, 2,000,000 Flow Through Shares at $0.25 and 1,600,000 Common Shares at $0.20
  • Expansion of additional 401 claims at AurMac Property and acquisition of the Nitra Property, Yukon comprising of 593 claims and 117 sq km
  • Completed initial 51% commitments on the AurMac Property, Yukon
  • Completed first tranche of financing of $1,500,000 of a total $2,500,000 Private Placement
  • Completed $2.5M financing – 5,357,143 Flow Through Shares at $0.28 and 3,076,924 Charity Flow Through Shares priced at $0.325

2021

  • Completed first tranche of $11,928,571 of a total $16 million private placement – 19,642,858 Charity Flow Through Shares at $0.38, 6,326,530 Regular Flow Through Shares at $0.35 and 8,035,715 regular shares at $0.28
  • Completed second and final tranche of a $16 million private placement – 30,357,144 Charity Flow Through Shares at $0.38, 6,326,530 Regular Flow Through Shares at $0.35 and 8,035,715 regular shares at $0.28

2022

  • Listed on the OTCQB Venture Market in the United States under the symbol "BYAGF"
  • Marc Blythe appointed as Director
  • Signed amendments to the McQuesten Option Agreement
  • Announced updated mineral resource estimate of 3,990,000 ounces of gold at the AurMac property
  • Completed private placement financing of $17 million -  16,210,500 Charity Flow Through Shares priced at $0.63; 5,334,000 Flow Through Shares priced at $0.55; and 8,662,321 Shares priced at $0.45
  • Purchased 100% underlying AurMac Royalty from the Estate of Jim McFaull and established a joint $5,000 scholarship fund at the Yukon Foundation for students studying in the fields of geology and mining
  • Filed NI 43-101 Technical Report for the AurMac property
  • Jason Neal appointed as an Advisor
  • Completed $12.2 private placement financing - 12,978,520 premium flow-though shares at a price of $0.568 per Premium FT Share and 12,021,480 common shares at a price of $0.40 per Hard Share.

2023

  • Brad Thrall appointed as Technical Advisor 
  • Announced updated mineral resource of 6.2 Million ounces of gold at the AurMac property 
  • Filed NI 43-101 Technical Report on updated mineral resource of 6.2 Million ounces of gold at the AurMac property 

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