Banks Island Gold Ltd.

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 05/09/13 --

-- Camp installed, dock and barge landing constructed
-- Road Access (6.8km) to four mineral deposits completed.
-- Plant site located/developed and DMS plant refurbishment on schedule.
-- Mine Portals at Bob, Tel, and Disco Zones complete.
-- Surface drilling with Company crew [...]

Banks Island Gold announces that, further to its news releases of March 8, 2013 and March 26, 2013, it has closed the second and final tranche of its private placement, for an additional 193,910 flow-through units at a price of $0.68 per unit, for gross proceeds of $131,859, and 208,816 non-flow-through units at a price of $0.62 per unit, for gross [...]

Banks Island announces that, further to its news release of March 8, 2013, it has closed the first tranche of its private placement of 1,701,000 flow-through units at a price of $0.68 per unit, for gross proceeds of $1,156,680, and 2,138,771 non-flow-through units at a price of $0.62 per unit, for gross proceeds of $1,326,038.

Banks Island is pleased to announce that it has engaged M Partners in connection with a brokered private placement, on a best efforts agency basis, to sell up to 5,882,353 flow-through share units at a price of $0.68 per Flow-Through Unit and 3,232,062 common share units at a price of $0.62 per Common Share Unit to raise gross proceeds of [...]

Banks Island Gold is pleased to report an update of its recent developments, activities, and exploration plans for the Yellow Giant Gold Property, located on Banks Island. Banks Island Maintains 100% Ownership of Yellow Giant: As announced on November 9, 2012, the Company provided formal notification to Selkirk Metals, a subsidiary of Imperial [...]

Banks Island Gold reports that as a result of a review by the British Columbia Securities Commission (BCSC), the Company is issuing the following news release to clarify our disclosure. The Company is now filing amended technical reports on its Banks Island (Yellow Giant) and Red Mountain properties. An amended Banks Island report was required to [...]

Banks Island Gold announces that, further to its news releases of December 10, 2012 and December 13, 2012, it has closed a non-brokered private placement offering of 4,150,725 units at a price of $0.84 per Unit for gross proceeds of $3,486,609. Each Unit consists of one flow-through common share and one-half of a share purchase warrant. Each whole [...]

Banks Island Gold announces it will increase the non-brokered private placement disclosed in the news release dated December 10th 2012 from 2,916,666 units to 3,809,524 units at a price of $0.84 per Unit, to raise gross proceeds of $3,200,000. Each Unit consists of one flow-through common share and one half of one common share purchase warrant [...]

Banks Island announces it will undertake a non-brokered private placement to sell 2,916,666 units at a price of $0.84 per Unit, to raise gross proceeds of $2,450,000. Each Unit consists of one flow-through common share and one half of one common share purchase warrant. Each whole warrant will entitle the holder to purchase one additional common [...]

Banks Island announces that it has formally completed the option agreement on the Banks Island Mineral Property. The Company now owns a 100% interest in the Property. In connection with the transaction, and as a final payment pursuant to the terms of the option, the Company has issued 942,936 of its common shares to Selkirk Metals, a subsidiary of [...]