(Incorporated and registered in Canada) (Registration number BC-C0887454) Share code on the TSXV: WDG Share code on the JSE: GIY ISIN: CA37636L1076 (“Giyani Gold” or “the Company”) DELISTING OF GIYANI GOLD FROM THE EXCHANGE OPERATED BY JSE LIMITED

Giyani Gold Corporation

(Incorporated and registered in Canada)

(Registration number BC-C0887454)

Share code on the TSXV: WDG

Share code on the JSE: GIY ISIN: CA37636L1076

(“Giyani Gold” or “the Company”)

DELISTING OF GIYANI GOLD FROM THE EXCHANGE OPERATED BY JSE LIMITED

1. Introduction

The Issuer Regulation Division of JSE Limited (“ JSE”) has agreed to the removal of Giyani

Gold’s secondary listing status from the Alternative Exchange (“ALTx) (“Delisting”) further

to:

 the Company having obtained the requisite approvals from the South African Reserve

Bank; and

 the Company’s sole shareholder on the South African register having consented to the

Delisting and waiving any further reliance on the provisions of the JSE Listings

Requirements.

2. Dates of the Delisting

The dates for Delisting are set out below:

Event 2017

Last day to trade prior to the termination of Giyani Gold’s

secondary listing status on ALTX on

Tuesday, 7 February

Trade suspended on the stock exchange operated by the JSE

Wednesday, 8 February

Record date prior to the termination of Giyani Gold’s secondary

listing status on ALTX on

Friday, 10 February

Termination of Giyani Gold’s secondary listing status on ALTX

from the commencement of business on

Monday, 13 February

Notes

1. Transfers between the Canadian and South African share registers may no longer be

implemented from the commencement of business on Tuesday, 24 January.

2. Unless otherwise indicated, all times are South African times. Any material variation

of the above dates and times will be approved by the JSE and published on SENS.

Johannesburg

23 January 2017

Designated Advisor

Sasfin Capital (a division of Sasfin Bank Limited)