Botswana Joins Strategic Metals Initiative
Not for distribution to U.S. newswire services or for dissemination in the United StatesOAKVILLE, Ontario, Oct. 08, 2019 (GLOBE NEWSWIRE) — Giyani Metals Corp. (TSXV:EMM) (FRANKFURT:KT9) (WKN:A2DUU8) (“Giyani” or the “Company”) welcomes the news that Botswana has joined the Energy Resource Governance Initiative (“ERGI”), an initiative to support the discovery and development of mineral reserves of strategic metals used to make battery electric vehicles.The foreign ministers of ten countries met during the United Nations General Assembly in New York on September 26, 2019 to discuss collaboration under the ERGI announced in June 2019 by the U.S. Department of State, Bureau of Energy Resources.This initiative is designed to promote best practices in the mining sector and resilient energy mineral supply chains. It also aims to diversify the relatively concentrated production of some strategic metals, in particular, those that are critical to the manufacturing of electric vehicles. In addition to the technical and professional aspects, ERGI will also encourage the adoption and implementation of high safety and environmental standards in all mineral development projects globally. This effort will, additionally, help ensure these projects are attractive to international investors.The countries joining the United States include Australia, Botswana, Peru, Argentina, Brazil, Democratic Republic of the Congo, Namibia, the Philippines and Zambia. A U.S. official said that they are “hopeful that Canada will join the initiative in the near future,” reported Reuters.Robin Birchall, CEO of Giyani commented:“As a Botswana based manganese developer for the battery electric vehicle market, we are extremely pleased by this news. We believe that this global effort will raise awareness of the strategic importance of securing the supply chain of verifiably-sourced and ethically-produced battery metals. We at Giyani apply global mining best practices and adhere to a strict policy of health, safety, and environmental management. Through our close collaboration with the local authorities in Botswana, we believe that Giyani will be a significant contributor to this global effort.”About GiyaniGiyani 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: http://giyanimetals.com/.On behalf of the Board of Directors of Giyani Metals Corp.Robin Birchall, CEOContact:
Giyani Metals Corporation
firstname.lastname@example.org 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.Forward Looking InformationThis 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.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 11
Oakville, Ontario L6M 3E3