Giyani Announces the Installation of Crystallization Unit and Corporate Update
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Giyani Announces the Installation of Crystallization Unit and Corporate
Update
TORONTO, Ontario, June 27, 2023 -- Giyani Metals Corp. (TSXV:EMM, GR:A2DUU8) (" Giyani" or the
"Company"), developer of the K.Hill battery -grade manganese project (“ K.Hill” or the “ Project”) in
Botswana, is pleased to provide an update on the installation of the crystallization unit at its demonstration
plant (“Demo Plant”) facility in Johannesburg and other activities.
Highlights
• Crystallization unit successfully installed at the Demo Plant facility.
• Comments received from Botswana’s Department of Environmental Affairs (“ DEA”) on the K.Hill
Environmental Impact Statement (“EIS”) submitted in March 2023.
• Updated Mineral Resource Estimate (“MRE”) for K.Hill being finalized.
Installation of Crystallization Unit
Following the completion of the civil works at the Demo Plant facility , the crystallization unit, which stands
15 meters (“m”) tall, has been installed. The unit comprises two crystallizers and an evaporator which, once
commissioned, will be capable of producing up to 600 kg of dry high -purity manganese sulphate
monohydrate (“HPMSM”) crystals per day.
The crystallization unit serves as a core component of the Demo Plant, which has been established to
validate the process flowsheet, mitigate risks associated with the scaling up of the commercial plant at K.Hill
and facilitate off -take contracts. The design em ulates the continuous process of the proposed full-scale
K.Hill commercial plant, enabling the steady state production of HPMSM crystals that meet the rigorous
product specifications set by potential off-takers.
EIS Update
Following the submission of the EIS on March 31, 2023, Giyani’s wholly -owned subsidiary, Menzi Battery
Metals (Pty) Limited (“Menzi”), has received formal comments from the DEA as part of the Environmental
Impact Assessment (“EIA”) process. The Company has reviewed the comments and will submit responses
in the coming days.
Under legislation, t he DEA will have 14 working days to provide any further comments and once all
comments are addressed to the satisfaction of the DEA, the EIS will be made available for public disclosure.
The EIA process will culminate in the issue of an Environmental Authorisation by the DEA, which will enable
the Company to apply for a Mining Licence for K.Hill from the Botswana Department of Mines.
K.Hill MRE Update
The Company has engaged CSA Global (“CSA”) to prepare an updated K.Hill MRE. The MRE will include
data from all 187 reverse-circulation and diamond drill holes from all drilling campaigns conducted over the
Project since 2018, totalling 10,710 m. The 2022 in-fill drilling campaign included 40 step-out holes along
strike into a previously untested section to the south and confirmed the presence of further mineralization
and the potential to add tonnage to the existing resource . The Company intends to undertake an
independent peer review of the results of the MRE before finalization.
Danny Keating, President and CEO of the Company, commented:
“The size and scale of the crystallization unit sets Giyani’s Demo Plant apart from similar facilities being
developed in the high purity manganese space. Its successful installation is a testament to the efforts of
our team and our contractor s and brings us another step closer to the production of HPMSM at scale for
qualification by off-takers.
In addition , the response of the DEA to our EIS submission means that we are able to advance the
permitting process of K.Hill in conjunction with the Demo Plant. We look forward to continuing our positive
relationship with the Government of Botswana as we develop the Project . With the updated K.Hill MRE
being finalized, the Company is looking forward to a busy second half of 2023.”
About Giyani
Giyani’s mission is to become a sustainable, low carbon producer of battery materials for the electric vehicle
(“EV”) industry. The Company has developed a hydrometallurgical process to produce high -purity
manganese sulphate monohydrate, a lithium-ion battery cathode precursor material critical for EVs, directly
from ore from its manganese oxide deposits in Botswana, wholly-owned by its Botswana subsidiary Menzi
Battery Metals (Pty) Limited. The Company’s assets include K.Hill and the Otse and Lobatse manganese
prospects, each of which has 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.
On behalf of the Board of Directors of Giyani Metals Corp.
Danny Keating, President & Chief Executive Officer
Contact:
Danny Keating
President & Chief Executive Officer
George Donne
VP Business Development
+44 7866 591 897
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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, th at
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.
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, perfor mance 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 or a similar public health threat is managed;
risks related to governmental regulations; ris ks 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 man agement'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, which is filed on SEDAR at www.sedar.com.