Giyani Announces Grant of Stock Options and Appointment of Investor Relations Consultants
September 24 2020 - 6:17PM
Giyani Metals Corp. (TSXV:EMM, GR:A2DUU8)
("
Giyani" or the "
Company")
announces the granting of options, the appointment of Dig Media
Inc. dba Investing News Network (“
INN”), and the
signing of a services agreement with Hybrid Financial Ltd.
(“
Hybrid”).
Grant of
Options
Giyani has granted an aggregate of 2,100,000
stock options (each an "Option") to certain
directors, officers, and consultants of the Company in accordance
with the Company's current stock option plan. Each Option is
exercisable into one common share (a "Share") of
the Company at a price of $0.185 per Share for a period of five
years from the date of grant, being today. A total of 1,400,000
Options vest immediately with the remaining 700,000 vesting over a
two-year period.
Appointment of
INN
The Company has entered into an advertising and
investor awareness campaign with INN. INN is a private company
headquartered in Vancouver, Canada, dedicated to providing
independent news and education to investors since 2007. For a
12-month term of the agreement, INN will provide advertising
services to Giyani to increase its awareness. INN does not provide
investor relations or market making services as defined by TSXV
policies. The cost of the campaign is $58,000. INN currently holds
464,000 Shares in Giyani.
Hybrid Financial
Services Agreement
The Company has also signed a services agreement
with Hybrid, a Canadian based financial and marketing company.
Hybrid will assist Giyani with all aspects of its marketing
strategy and will provide, amongst others, services such as brand
awareness and distribution. Giyani will compensate Hybrid at a flat
basic fee of $15,000 per month for a minimum of 6 months. Hybrid
currently holds 1,050,000 Shares in Giyani.
About Giyani
Giyani Metals Corp. is a mineral resource
company focused on the development of its K.Hill, Lobatse &
Otse manganese oxide projects in the Kanye Basin, Botswana, Africa.
The Company's flagship K.Hill project is a near-surface deposit
currently going through a feasibility study to produce high-purity
electrolytic manganese metal and manganese sulphate, both key
cathode ingredients for batteries in the expanding electric vehicle
(EV) market.
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 BirchallCEO,
Director+447711313019rbirchall@giyanimetals.com
Thomas HortonVP, Business
Development+447866913207thorton@giyanimetals.com
Neither 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 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.
GIYANI METALS CORP.1155
North Service Road West, Unit 11Oakville, Ontario
L6M 3E3www.giyanimetals.com
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