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GIYANI GOLD CORPORATION - Giyani Gold Announces Private Placement and Options Grant

Release Date: 24/06/2016 15:30
Code(s): GIY     PDF:  
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Giyani Gold Announces Private Placement and Options Grant

Giyani Gold Corporation
(Incorporated and registered in Canada)
(Registration number BC-C0887454)
Share code on the TSXV: WDG
Share code on the NSX: GGC
Share code on the JSE: GIY         ISIN: CA37636L1076
 (“Giyani Gold” or “the company” or “the group”)


Giyani Gold Announces Private Placement and Options Grant

OAKVILLE, ON, June 24, 2016: Giyani Gold Corp. (TSXV: WDG) (“Giyani” or the "Company") announces
that it is arranging a non-brokered private placement of up to 3,000,000 common shares of Giyani at a
price of $0.10 per share for total gross proceeds of up to $300,000 (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 general working capital purposes. The Private Placement is subject
to the receipt of all required regulatory and exchange approvals, and is expected to close on or
before July 15, 2016.
Giyani also announces, subject to exchange approval, it has granted a total of 1,850,000 options to
directors and consultants of the Company, exercisable at $0.10 per share fully vested in accordance with
the Company’s stock option plan. These new options for the most part replace expired options.
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: 1.905.699.4404
Email: dparnham@giyanigold.com

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

Johannesburg
24 June 2015

Sponsor: Sasfin Capital (a division of Sasfin BankLimited)

Date: 24/06/2016 03:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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