Not for distribution to U.S. newswire services or for dissemination in the United States
OAKVILLE, Ontario, March 11, 2020 (GLOBE NEWSWIRE) -- Giyani Metals Corp. (TSXV:EMM) (FRANKFURT:KT9) (WKN:A2DUU8) (“Giyani” or the “Company”) is pleased to announce the appointment of consultant Mr. Thomas Horton as a Vice President Business Development with immediate effect.
Mr. Horton started his career in the mining industry as project engineer with AMEC and Fluor Corp in North America. There he worked in engineering, procurement and construction management (“EPCM”) on various greenfield and brownfield projects, including two solvent extraction electrowinning (“SX/EW”) projects for Freeport McMoran and KORES.
Since 2010, Mr. Horton moved back to the UK where he has held various roles in corporate development, corporate broking and private equity.
Mr. Horton has a master’s degree in mechanical engineering from the University of Manchester and an MBA from London Business School. He joins Giyani from Pembridge Resources, where he worked on the financing, acquisition, and 4-months following the acquisition, the restart of the Minto mine in The Yukon, Canada.
Robin Birchall, CEO of Giyani commented:
“Thomas brings a wealth of experience in mining and corporate development to the Giyani team. He, not only, has relevant engineering experience in SX/EW, the processing technology that will be used at K.Hill, but also commercial experience in project financing and deal structuring. We are very excited by his addition to our team and look forward to his contribution to the development of Giyani and the growth of our shareholder value”.
In connection with the above appointment, Giyani has granted Mr. Horton 500,000 options exercisable at a price of $0.12 per share in accordance with the Company’s stock option plan. The options have a five-year term and vest immediately.
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: https://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
rbirchall@giyanimetals.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.
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.
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.
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.