OAKVILLE, ON, Nov. 17, 2014 /CNW/ – Giyani Gold Corp. (TSXV: WDG, JSE: GIY) (“Giyani”) announces that Ed Guimaraes has tendered his resignation from the Board of Directors. Mr. Guimaraes informed the Board that he had accepted a senior management role with Sierra Metals Inc., a publicly-traded mid-tier mining company, and his new employers require that Mr. Guimaraes divest himself of directorships. Mr. Guimaraes joined the Giyani Board in 2010, and Giyani’s Directors and management want to thank him for his valuable contributions during his tenure and wish him well in his new endeavours. Giyani’s Board intends to appoint a new director upon closing the previously announced transaction between Giyani and the shareholders of Horizon and Sumo (see News Release dated November 3, 2014).
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On behalf of the Board of Directors of Giyani Gold Corp.
(signed) “Duane Parnham”
Duane Parnham, Executive Chairman
Forward Looking Statements
This news release contains certain statements that may be deemed “forward-looking statements”. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although Giyani believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of Giyani’s management on the date the statements are made. Except as required by law, Giyani undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.