Giyani Metals Corp. is pleased to announce its updated preliminary economic assessment to its previously published PEA update in Q1 2020. The Updated PEA incorporates a 36% increase in the Inferred Mineral Resource estimate resulting in a 21% increase in after-tax NPV from US$275 million to US$332 million and are driven by changes in the following parameters: Change in final saleable product from High Purity Electrolytic [...]
Giyani Metals Corp. is pleased to announce the appointment of Mr. Eugene Lee as Chief Financial Officer replacing Omar Gonzalez, senior employee of Marrelli Support Services Inc. , effective April 20, 2021. In addition, the Company is pleased to announce the completion of the K.Hill manganese project reserve infill drilling program and the commencement of the 2021 exploration program at the Company's Otse prospect , both [...]
Giyani Metals Corp. is pleased to announce that it has today closed its previously announced bought deal equity financing . A total of 16,916,500 units of the Company were issued at a price of C$0.68 per Unit for gross proceeds of C$11,503,220, which included the exercise in full of the over‐allotment option granted by the Company to the Underwriters . Each Unit consists of one common share and one half of one Common [...]
Giyani Metals Corp. is pleased to announce that it has entered into an agreement with Cormark Securities Inc. on behalf of a syndicate of underwriters co-led by Beacon Securities Limited pursuant to which the Underwriters have agreed to purchase 14,710,000 units from the treasury of the Company, at a price of $0.68 per Unit for total gross proceeds to the Company of approximately $10 million . Each Unit will consist of [...]
Giyani Metals Corp. is pleased to announce the mobilisation of RotsDrill Explorations , a local Botswana-based drilling services provider to site at the K.Hill project and the commencement of drilling in conjunction with the K.Hill reserve and K.Hill resource extension drilling. The Company has also signed a non-disclosure agreement with a major electric vehicle producer. RotsDrill Commences Drilling at the K.Hill Project [...]
Giyani Metals Corp. is pleased to announce the first set of assay results from the RC infill drilling program , a new planned exploration program , and the appointment of an additional drilling contractor at the K.Hill manganese project in South Eastern Botswana. Update to K.Hill Infill Drilling Program The K.Hill Infill Drilling Program is designed to upgrade the current Inferred Mineral Resource to an Indicated Mineral [...]
Giyani Metals Corp. is pleased to provide an operations and corporate update for its K.Hill Manganese Project in Southern Botswana. Robin Birchall, CEO of the Company commented: "We are very pleased to bring the market up to date on a number of operational and corporate activities. Concurrent to the ongoing K.Hill feasibility study, which is expected later this year, we are working on a further revision to the PEA. This [...]
Giyani Metals Corp. is pleased to announce that it has appointed Tetra Tech for the concept design of a demonstration plant that replicates to pilot scale the proposed hydrometallurgical process for its K.Hill Manganese Project in Southern Botswana. The purpose of the Demo Plant is two-fold. Firstly, the Demo Plant is expected to demonstrate that the K.Hill orebody is capable of achieving, at scale, the required [...]
Giyani Metals Corp. is pleased to announce that it has completed a photovoltaic solar plant study for its K.Hill manganese project , in Southern Botswana. In addition, Giyani has granted 750,000 stock options to certain consultants of the Company. Solar Plant Study The Company is committed to building an environmentally sustainable operation and to have a positive impact for all of its stakeholders. This includes not only [...]
Giyani Metals Corp. is pleased to announce that it has today closed its previously announced and upsized private placement financing of 37,375,000 units at a price of $0.20 per Unit for gross proceeds of $7,475,000 , which included the exercise in full of the Agent’s option. Each Unit consists of one common share and one half of one Common Share purchase warrant . Each whole Warrant will entitle the holder to purchase one [...]
Giyani Metals Corp. is pleased to announce that in connection with its previously announced marketed financing, the Company and a syndicate of agents led by Cormark Securities Inc. have agreed to increase the size of the private placement offering of units of the Company at a price of $0.20 per Unit for aggregate gross proceeds to the Company of $6.5 million . Each Unit will consist of one common share of the Company and [...]
Giyani Metals Corp. is pleased to announce that it has entered into an agreement with Cormark Securities Inc. pursuant to which Cormark has agreed to act as the lead agent on behalf of a syndicate of agents in connection with a fully marketed private placement offering of units of the Company at a price of $0.20 per Unit for aggregate gross proceeds to the Company of not less than $4.0 million . Each Unit will consist of [...]
