Banyan Gold Corp. Grants 8 Million Stock Options

Banyan Gold Corp, a mining company, announced the issuance of 8,000,000 stock options at an exercise price of $0.21 per share. The vesting period extends up to 18 months. Specifically, 5,600,000 options have a ten-year term, while the remaining 2,400,000 options carry a five-year term. These options are allocated to directors, officers, consultants, advisors, and exploration staff, following the company's annual compensation review.

The announcement is part of Banyan's engagement strategy with stakeholders and comes ahead of a series of investor events slated for early 2025, including the Vancouver Metals Investor Forum and the BMO Global Metals, Mining & Critical Minerals Conference. The company's recent activities are aligned with its expansion and exploration plans, particularly focusing on its flagship AurMac Project in the Yukon, Canada.