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Giyani Announces Results of Life Cycle Assessment Study for the K.Hill Battery Manganese Project

Corporate Updates

Giyani Announces Results of Life Cycle Assessment Study for the K.Hill

Battery Manganese Project

Not for distribution to U.S. newswire services or for dissemination in the United States

TORONTO, Sept. 29, 2022 -- Giyani Metals Corp. (TSXV: EMM, GR: A2DUU8) ("Giyani" or the "Company"), developer of the

K.Hill battery grade manganese project in Botswana (“K.Hill Battery Manganese Project ” or “K.Hill”), is pleased to

announce the results of a life cycle assessment (“LCA”) prepared by Minviro Limited (“Minviro”) based on the feasibility study

for K.Hill (“FS”).

Highlights

• The LCA assesses the global warming potential (“GWP”) of the production of one kilogram (“kg”) of high-purity

manganese sulphate monohydrate (“HPMSM”) produced from manganese oxide resources, extracted at K.Hill.

• The LCA was conducted according to the requirements of relevant ISO standards, including a critical review.

• Results conclude a total product GWP of 3.2 kg carbon dioxide equivalent (“CO2 eq.”) per kg HPMSM.

• Scope 1 and scope 2 emissions contribute 1.4 kg CO2 eq. per kg HPMSM.

The goal of this LCA is to determine the significant project and process parameters contributing to the GWP from production of

HPMSM at K.Hill. The LCA is a cradle-to-gate study, meaning the product GWP is assessed from the point of ore and waste

rock extraction (cradle) to the end-gate (a set point at the end of processing, with HPMSM being ready for transport to

customers), modelled in the two distinct stages of mining and processing using data developed as part of the FS.

The total GWP of 3.2 kg CO2 eq. per kg HPMSM can be classified into scope 1, 2 and upstream scope 3 emissions:

• Scope 1 (direct) emissions, which reflect greenhouse gas (“GHG”) emissions associated with the combustion of fuels

on-site and emissions from reagents used in processing, total 0.2 kg CO 2 eq. per kg HPMSM;

• Scope 2 (indirect) emissions, which reflect GHG emissions from imported power, total 1.2 kg CO 2 eq. per kg HPMSM;

and

• Scope 3 (indirect) upstream emissions, which reflect other GHG emissions such as the extraction and production of

purchased materials and fuels, total 1.8 kg CO 2 eq. per kg HPMSM.

The LCA will support Giyani in understanding the GWP of the K.Hill Battery Manganese Project, its main drivers and inform

decision-making on advancing project development. The main impact driver of the GWP is the consumption of electricity from

the national grid in Botswana, corresponding to approximately 37% of total GWP. The plan, as laid out in the FS for K.Hill,

includes a 4.5 MW photovoltaic solar plant and Giyani is currently assessing various options to further reduce the GWP for

K.Hill and to develop a roadmap for decarbonization.

Robin Birchall, CEO of the Company, commented:

“The results of the LCA confirm the potential of the K.Hill Battery Manganese Project to be a low-carbon producer of a critical

battery raw material. One of Giyani’s key strengths will be our ability to produce HPMSM directly from our high-grade

manganese oxide ore without the need for calcining or electrorefining, both potentially significant emitters of greenhouse

gases.

In addition to calculating our global warming potential, the LCA will also act as a guide to help develop a roadmap to

decarbonize our operation, which is part of our long-term strategic objective. Further information on K.Hill and its development

plan will be available in the FS, which is expected to be published in the coming weeks.”

About Giyani

Giyani is a mineral resource company focused on becoming one of Africa’s first low-carbon producers of high-purity

manganese sulphate monohydrate (“ HPMSM”) precursor materials directly from manganese oxide ore, used by battery

manufacturers for the expanding electric vehicle market through the advancement of its manganese assets in the Kanye Basin

in south-eastern Botswana, (the “ Kanye Basin Prospects ”) through its wholly-owned Botswana subsidiary Menzi Battery

Metals (Pty) Limited. The Company’s Kanye Basin Prospects consist of eight prospecting licences and include the past

producing Kgwakgwe Hill mine and project, referred to as the K.Hill Battery Manganese Project, the Otse and Lobatse

manganese prospects, both of which have seen historical mining activities.

Qualified Persons / NI 43-101 Disclosures

Mr. Jacques du Toit CEng. PrEng. MscEng. PMP is a qualified person, as defined by National Instrument 43-101. Mr. du Toit

is the Company’s VP, Technical Services and has reviewed and approved the scientific and technical content contained in this

press release but is not independent for the purposes of NI 43-101.

About Minviro

Minviro (www.minviro.com) is a London based and globally recognized consultancy and technology company specialized in

carrying out life cycle assessments in the technology metals space. The company provides quantitative environmental and

climate impact data for mineral resource projects, battery manufacturers and original equipment manufacturers to make

environmentally informed decisions.

On behalf of the Board of Directors of Giyani Metals Corp.

Robin Birchall, CEO

Contact:

Robin Birchall CEO, Director

+44 7711 313019

[email protected]

George Donne

VP Business Development

+44 7866 591 897

[email protected]

Judith Webster

Corporate Secretary

+1 416 453 8818

[email protected]

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 press 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 press 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. Specific forward-looking

statements and forward-looking information herein includes completion of receipt of TSXV approval for the private placement

and completion of the private placement.

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 their 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 in how the world-wide economic and social impact of COVID-19 is managed; risks related to governmental

regulations; risks related to obtaining necessary licences and permits; risks related to their business being subject to

environmental laws and regulations; risks related to their 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 their 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 their 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 Annual Information Form, all of which are filed on SEDAR at www.sedar.com.