Banyan Gold Announces Results of Agm
11.06.2013 | FSCwire
Vancouver, British Columbia CANADA, June 11, 2013 /FSC/ - Banyan Gold Corp. (BYN - TSX Venture), is pleased to announce the re-election of Richmond Graham and Mark Ayranto as directors and the election of Jay Collins, Tara Christie and Gregory Melchior as new members of the board of directors. Banyan Gold would like to thank two former directors, David Rutt, who remains Chief Financial Officer and John Hilland, who did not stand for re-election for their contributions to the Company.Mr. Collins is President of Merit Consults International Inc., a highly regarded project and construction management company in the mining industry. Ms. Christie is President of Gimlex Gold Mines Ltd., one of Yukon's largest gold mining operations. Mr. Melchior, well known in the financial sector, is an investment advisor at BMO and is the Executive in Residence at the DeGroote Business School.
Banyan Gold would also like to announce that all resolutions put forward in the proxy at the annual shareholder meeting of Banyan Gold were passed unanimously by shareholders. Further information can be found in Banyan Gold's information circular available on SEDAR at www.sedar.com.
About Banyan Gold
Banyan Gold is a gold exploration and development company whose flagship property, the Hyland Gold Project ("Hyland"), is approximately 70 km NE of Watson Lake, Yukon. The Main Zone gold inferred resource, at a 0.6 g/t gold equivalent ("AuEq") cutoff, hosts a NI 43-101 compliant resource of 12,503,994 tonnes containing 361,692 ounces gold at 0.9 g/t and 2,248,948 ounces silver at 5.59 g/t for a combined gold and silver 396,468 ounces gold equivalent. Based on the success of previous exploration and numerous untested drill ready targets Banyan Gold management foresees potential for a significant regional exploration. Paul D. Gray, P.Geo. is Banyan Gold's Qualified Person with respect to Hyland and has reviewed and approved this press release.
Banyan Gold trades on the TSX-Venture Exchange under the symbol "BYN". For more information please visit the corporate website at http://www.banyangold.com or contact Banyan Gold.
ON BEHALF OF THE BOARD OF BANYAN GOLD
(signed) "Richmond Graham"
Richmond Graham, President and Chief Executive Officer
For more information, please contact:
Banyan Gold Corp.
Richmond Graham
Tel: (604) 648-8450
Email: rgraham@banyangold.com
The TSX Venture Exchange has neither approved nor disapproved the contents of this press release. Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.
Disclaimer for Forward-Looking Information
Statements in this news release regarding Banyan which are not historical facts are "forward-looking statements" that involve risks and uncertainties. Such information can generally be identified by the use of forwarding-looking wording such as "may", "will", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations.
