Ms. Tara Christie reports

BANYAN GOLD TO ACCELERATE EXPIRY DATE OF WARRANTS

Banyan Gold Corp. has elected to accelerate the expiry date of the warrants issued under its private placement financings completed on Jan. 29, 2016.

Pursuant to the terms of the warrants, if the average volume-weighted average trading price of Banyan's shares on the TSX Venture Exchange is above 10 cents per share for a period of any 15 trading days, Banyan is entitled to accelerate the expiry date of the warrants to a date 30 calendar days from the date notice of such acceleration is provided to holders of warrants. Banyan has elected to provide notice of such acceleration to the holders of warrants.

This news release constitutes notice to warrant holders of the new expiry time. Any warrants remaining unexercised after the new expiry time will be cancelled. Effective today, the warrants issued to the purchasers pursuant to the above-noted private placements are set to expire at 5 p.m. Calgary time on April 19, 2017.

Although it is unknown how many warrants will be exercised, if all the warrants are exercised, Banyan will receive additional proceeds of $280,000, and a total of four million additional common shares of Banyan will be issued.

Since Feb. 17, $357,154 has been raised from the exercise of warrants with expiry dates of March 13, 2017, and Aug. 24, 2018, and a total of 4,707,692 common shares have been issued.

We seek Safe Harbor.