Giyani Metals Corp. (TSXV:EMM, GR:A2DUU8)
("
Giyani" or the "
Company"),
developer of the K.Hill Battery-Grade Manganese Project in Botswana
("
K.Hill" or “
the Project”), is
pleased to release a video on construction progress at the
Demonstration Plant (“
Demo Plant”), please click
on the below link which will take you to the video with CEO Danny
Keating and Group Process Engineer Justin Taylor doing a walk and
talk-through at the Demo Plant showing the progress since June.
Link here:
https://www.youtube.com/watch?v=lTYRZtmo2C8
This video accompanies the news release
(“NR”) announced earlier today detailing all that
has been progressed at the Demo Plant since the last update in June
(see June 20, 2024 NR).
About Giyani
Giyani is focussed on becoming the dominant
western-world producer of sustainable, low carbon high purity
battery grade manganese for the electric vehicle
(“EV”) industry. The Company has developed a
proprietary hydrometallurgical process to produce battery grade
manganese (HPMSM), a lithium-ion battery cathode precursor material
critical for EVs.
The Company has secured US$26m in financing from
two strategic partners, ARCH Sustainable Resources Fund LP and the
Industrial Development Corporation of South Africa, as it aims to
progress the K.Hill battery-grade manganese project in Botswana to
construction by building and operating the Demo Plant and
completing a Definitive Feasibility Study by H1 2025.
Additional information and corporate documents
may be found on www.sedarplus.ca and on Giyani Metals Corp. website
at https://giyanimetals.com/.
On behalf of the Board of Directors of Giyani
Metals Corp.
Danny Keating, President and CEO
Contact:
Tel: +1289-291-7632Danny Keating, President
& CEOdkeating@giyanimetals.com
Charles FitzRoy, Head of Corporate Development
& Strategycfitzroy@giyanimetals.com
Neither the TSX Venture Exchange (the "TSXV")
nor its Regulation Services Provider (as that term is defined in
the policies of the TSXV) accepts responsibility for the adequacy
or accuracy of this news release.
The securities described herein have not been
registered under the United States Securities Act of 1933, as
amended (the "U.S. Securities Act"), or any state securities laws,
and accordingly, may not be offered or sold to, or for the account
or benefit of, persons in the United States or "U.S. persons," as
such term is defined in Regulation S promulgated under the U.S.
Securities Act ("U.S. Persons"), except in compliance with the
registration requirements of the U.S. Securities Act and applicable
state securities requirements or pursuant to exemptions therefrom.
This news release does not constitute an offer to sell or a
solicitation of an offer to buy any of the Company's securities to,
or for the account of benefit of, persons in the United States or
U.S. Persons.
Forward Looking Information
This news release contains "forward-looking
information" within the meaning of applicable Canadian securities
legislation. All statements in this news release, other than
statements of historical fact, that address events or developments
that Giyani expects to occur, are "forward-looking statements".
Forward-looking statements are statements that are not historical
facts and are generally, but not always, identified by the words
"expects", "does not expect", "plans", "anticipates", "does not
anticipate", "believes", "intends", "estimates", "projects",
"potential", "scheduled", "forecast", "budget" and similar
expressions, or that events or conditions "will", "would", "may",
"could", "should" or "might" occur.
Such statements include without limitation: the
Company the ongoing construction, commissioning and operation of
the Demo Plant, installation of additional Process Modules, design
and finalization of the lab, and timing thereof, completion and
timing of the DFS or at all.
All such forward-looking statements are based on
the opinions and estimates of the relevant management as of the
date such statements are made and are subject to certain
assumptions, important risk factors and uncertainties, many of
which are beyond Giyani's ability to control or predict.
Forward-looking statements are necessarily based on estimates and
assumptions that are inherently subject to known and unknown risks,
uncertainties and other factors that may cause actual results,
level of activity, performance or achievements to be materially
different from those expressed or implied by such forward-looking
statements. In the case of Giyani, these facts include anticipated
operations in future periods, planned exploration and development
of its properties, and plans related to its business and other
matters that may occur in the future. This information relates to
analyses and other information that is based on expectations of
future performance and planned work programs.
Forward-looking information is subject to a
variety of known and unknown risks, uncertainties and other factors
which could cause actual events or results to differ from those
expressed or implied by the forward-looking information, including,
without limitation: inherent exploration hazards and risks; risks
related to exploration and development of natural resource
properties; uncertainty in Giyani's ability to obtain funding;
commodity price fluctuations; recent market events and conditions;
risks related to the uncertainty of Mineral Resource calculations
and the inclusion of Inferred Mineral Resources in economic
estimation; risks related to governmental regulations; risks
related to obtaining necessary licences and permits; risks related
to Giyani's business being subject to environmental laws and
regulations; risks related to the Company's mineral properties
being subject to prior unregistered agreements, transfers, or
claims and other defects in title; risks relating to competition
from larger companies with greater financial and technical
resources; risks relating to the inability to meet financial
obligations under agreements to which they are a party; ability to
recruit and retain qualified personnel; and risks related to the
Company's directors and officers becoming associated with other
natural resource companies which may give rise to conflicts of
interests. This list is not exhaustive of the factors that may
affect Giyani's forward-looking information. Should one or more of
these risks and uncertainties materialize, or should underlying
assumptions prove incorrect, actual results may vary materially
from those described in the forward-looking information or
statements.
Giyani's forward-looking information is based on
the reasonable beliefs, expectations and opinions of the Company's
respective management on the date the statements are made, and
Giyani does not assume any obligation to update forward looking
information if circumstances or management's beliefs, expectations
or opinions change, except as required by law. For the reasons set
forth above, investors should not place undue reliance on
forward-looking information. For a complete discussion with respect
to Giyani and risks associated with forward-looking information and
forward-looking statements, please refer to Giyani's continuous
disclosure documents which are filed on SEDAR+ at
www.sedarplus.ca.
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