Banks Island Gold Ltd. Closes First Tranche of $3 Million Non-Brokered Financing

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 20, 2012) - NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Banks Island Gold Ltd. (the "Company") (TSX VENTURE:BOZ) is pleased to announce that, further to its...