Oakville, ON: Giyani Gold Corp. (TSXV:WDG) (hereinafter referred to as the “Company”) wishes to announce that further to the Company’s News Release dated June 24, 2016, the Company has closed the non-brokered private placement financing (the “Private Placement”) and has issued a total of 3,450,000 common shares of the Company at a price of $0.10 per share for total proceeds to the Company of $345,000. The proceeds will be used for general working capital purposes.
No fees were paid by the Company to any broker or finder in connection with the Private Placement. The common shares issued pursuant to the Private Placement are subject to a four month hold period expiring November 19, 2016.
For further information, please contact Duane Parnham, Executive Chairman, at (289) 837-0066.