Giyani Receives Final Approvals to Implement Environmental Management Plans at its K.Hill and Otse Manganese Deposits in Botswana
Giyani Receives Final Approvals to Implement Environmental Management
Plans at its K.Hill and Otse Manganese Deposits in Botswana
Not for distribution to U.S. newswire services or for dissemination in the United States
OAKVILLE, Ontario, July 26, 2019 -- Giyani Metals Corp. July 26, 2019 (TSXV:EMM) (FRANKFURT: KT9) (WKN:A2DUU8)
(“Giyani” or the “Company”) is pleased to announce that The Department of Environmental Affairs (“DEA”) in Botswana has
granted the Company final approvals to implement Environmental Management Plans (“EMPs”) at its K.Hill and Otse
manganese prospects.
This final approval was granted after the customary one-month public review process during which the Company was required
to advertise the details of the EMPs in the government gazette and local newspapers. The public review process commenced
on June 7th and concluded on July 5th, 2019 and there were no concerns raised by any stakeholders for either sites during that
period.
Giyani submitted three initial EMPs for its Botswana manganese prospects K.Hill, Otse, and Lobatse, in late 2018 and early
2019. The Company further submitted updated EMPs based on comments and clarifications from the DEA on the first
submissions. On May 22, 2019 Giyani received DEA initial approvals for the K.Hill and Otse EMPs clearing the way to the
public review advertisement, the last step in the process. The Company still awaits the initial approval of its third EMP for
Lobatse which was resubmitted on June 24, 2019 with responses to comments from the DEA.
Robin Birchall, CEO of Giyani commented:
“We are extremely pleased with the final K.Hill and Otse EMP approvals and grateful to the DEA in Botswana for the speed
and dedication to achieve these approvals. This has been a detailed process with multiple review and update steps that
started back in late December 2018. We can now shift our focus to the implementation phase to start the remediation work at
K.Hill and Otse which will improve the environmental conditions at both sites. At the same time this work will enable us to
process the resulting material and generate revenues to facilitate the development of the overall project.”
About Giyani
Giyani Metals Corp. is a Canadian junior exploration company focused on creating shareholder value by accelerating the
development of its high-grade manganese project in the Kanye Basin, Botswana, Africa. Additional information and corporate
documents may be found on www.sedar.com and on Giyani Metals Corp. website: http://giyanimetals.com/ .
On behalf of the Board of Directors of Giyani Metals Corp.
Robin Birchall, CEO
Contact:
Giyani Metals Corporation
Robin Birchall
CEO, Director
+447711313019
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.
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 statements regarding the size of and completion of the private placement and the
intended use of the net proceeds from the financing.
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 related to governmental regulations; risks related to obtaining necessary licenses 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 financial statements and related MD&A, all of which are filed on SEDAR at www.sedar.com.
GIYANI METALS CORP.
277 LAKESHORE ROAD EAST, OAKVILLE, Ontario L6J 1H9
T: 289-837-0066 F: 289-837-1166
www.GIYANIMETALS.com TSX.v-EMM