EMM.V · 2017-02-13 12:00:00

Giyani Gold Announces Private Placement

Financings

OAKVILLE, ON, February 13, 2017: Giyani Gold Corp. (TSXV: WDG) (“Giyani” or the "Company")

announces that it is finalizing a non-brokered private placement of up to 2,857,142 units con-

sisting of one common share of Giyani at a price of $0.35 per share and one half of a share pur-

chase warrant at $0.70 for total gross proceeds of up to $1,000,000 (the “Private Placement”).

Management, directors, and insiders of Giyani intend on participating in the Private Placement,

the net proceeds of which are to be used for acquisition of the Botswana and Zambia manga-

nese projects, exploration and general working capital purposes. The Private Placement is sub-

ject to the receipt of all required regulatory and exchange approvals, and is expected to close

on or before February 28, 2017.

Additional information and corporate documents may be found on www.sedar.com and on the

Giyani website: www.giyanigold.com .

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in

the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of

this news release.

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

Duane Parnham, Executive Chairman

For further information:

Duane Parnham, Executive Chairman

Giyani Gold Corp.

Tel: 1.289.837.0066

Forward Looking Statements

This news release includes certain forward-looking statements or information. All statements other than

statements of historical fact included in this release or other future plans, objectives or expectations of

Giyani are forward-looking statements that involve various risks and uncertainties. There can be no as-

surance that such statements will prove to be accurate and actual results and future events could differ

materially from those anticipated in such statements. Important factors that could cause actual results to

differ materially from Giyani’s plans or expectations include risks relating to the actual results of current

exploration activities, fluctuating gold prices, possibility of equipment breakdowns and delays, exploration

cost overruns, availability of capital and financing, general economic, market or business conditions,

regulatory changes, timeliness of government or regulatory approvals and other risks detailed herein and

from time to time in the filings made by Giyani with securities regulators. Giyani expressly disclaims any

intention or obligation to update or revise any forward-looking statements whether as a result of new in-

formation, future events or otherwise except as otherwise required by applicable securities legislation.