Giyani Metals Corp. (TSXV:EMM, GR:A2DUU8)
("
Giyani" or the "
Company")
announces that it has appointed Minviro, a UK based and globally
recognized sustainability and life cycle assessment consultancy, to
provide an ISO compliant life cycle assessment, including a carbon
footprint evaluation, on the K.Hill manganese project.
Giyani is committed to delivering a low carbon
footprint, high purity manganese product. The work that will be
conducted by Minviro over the coming months will help the Company
understand how to best achieve this and how the K.Hill manganese
project compares against its peers.
The International Organisation for
Standardisation (“ISO”) has a set of standards published on Life
Cycle Assessment (“LCA”) (ISO 14040 and 14044). The standard
outlines the best practice requirements and principles to be
undertaken for a LCA study. ISO compliance includes a third-party
review by an independent panel. The results are then allowed to be
disclosed publicly and used for comparison with different primary
production methods of raw materials.
This will provide Giyani with an independently
verified rating that is recognised by potential end consumers.
Robin Birchall, CEO of the Company
commented:
"Approximately 40% of an electric vehicle’s
(“EV”) overall carbon footprint is associated with the battery. An
objective of many EV original equipment manufacturers (“OEMs”),
particularly those in Europe, North America, Japan and South Korea,
is to reduce their products’ carbon footprint as much as possible.
Public statements have been made by Tesla, BMW and other OEMs on
the importance of sustainably sourced lithium, cobalt and nickel in
their supply chains. As the market share of nickel-manganese-cobalt
oxide (NCM) cathode batteries in EVs continues to grow, we
anticipate that high purity manganese will have increasing
recognition.
This view is based on feedback Giyani has
received from battery manufacturers and OEMs as potential end
consumers, who are seeking alternative sources of high purity
manganese with a lower carbon footprint to the incumbents in the
market.
In parallel to our ongoing feasibility study and
environmental and social impact assessment (ESIA) workstreams, over
the coming months Minviro will provide an ISO compliant life cycle
assessment, benchmarked against that of our peers. In addition,
Minviro will evaluate opportunities for Giyani to achieve a
zero-carbon footprint. Giyani believes that there are several
attributes, which are unique to the K.Hill manganese project, that
not only make it one of the lowest cost producers, but also the
potential to be one of the lowest carbon footprint producers of
pure manganese metal.”
About GiyaniGiyani 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 EV market.
Additional information and corporate documents
may be found on www.sedar.com and on Giyani Metals Corp. Website:
https://giyanimetals.com/.
About
Minviro
Minviro (www.minviro.com) is a London based and
globally recognized consultancy and technology company specialised
in carrying out life cycle assessments in the technology metal
space. The company provides quantitative environmental and climate
impact data for mineral resource projects, battery manufacturers
and OEMs to make environmentally informed decisions.
On behalf of the Board of Directors of Giyani
Metals Corp.
Robin Birchall, CEO
Contact:Robin Birchall CEO, Director+44 7711
313019rbirchall@giyanimetals.com
Thomas HortonVP, Business Development+44 7866
913207thorton@giyanimetals.com
Neither the TSX Venture Exchange (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.
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
completion of receipt of TSXV approval for the private placement
and completion of the private placement.
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.1155
North Service Road West, Unit 11Oakville, Ontario
L6M 3E3T:
289-291-4032www.giyanimetals.com
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