Giyani Metals Announces AGM Results
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Giyani Metals Announces AGM Results
TORONTO, Ontario, November 18, 2024 – 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 report that the resolutions in the management proxy circular dated October
16, 2024 (the “Circular”) were passed at the annual and special meeting of shareholders of Giyani held
on November 15, 2024 (the “ Meeting”). The director nominees were reappointed to the board of
directors (the “Board”) and Charles FitzRoy, President and Chief Executive Officer, was appointed to
its board of directors.
The Meeting also approved the appointment of the Company’s auditor s and the Company’s omnibus
long-term incentive plan (the “Plan”). Details of the Plan are included in the Circular which is available
under the Company’s profile on SEDAR+ at www.sedarplus.ca.
Mark Burnett, Chairman of the Company, commented:
“It is encouraging to note the support of our shareholders and stakeholders, as we move meaningfully
towards our goal of becoming a dominant producer of battery-grade manganese for the EV market.
Value creation for our shareholders remains at the forefront of our minds.
I am also pleased to welcome Giyani’s President and CEO Charles FitzRoy as a Director.
We look forward to announcing further progress and providing updates in due course.”
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 financing of US$26m from two strategic partners, ARCH Sustainable
Resources Fund LP and the Industrial Development Corporation of South Africa, enabling it 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 in 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 Giyani Metals Corp.
Charles FitzRoy, President and CEO
Contact:
Giyani Metals Corp.
Charles FitzRoy, President & CEO
Tel: +1289-291-7632
Tavistock, Financial PR [email protected]
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Tara Vivian-Neal / Josephine Clerkin +44 20 7920 3150
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.
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 construction and development of its properties and facilities, 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 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.