(MENAFN- GlobeNewsWire - Nasdaq) TORONTO, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Giyani Metals Corp. (TSXV:EMM, GR:A2DUU8) (" Giyani " or the " Company "), developer of the K.Hill Battery-Grade Manganese Project in Botswana (" K.Hill " or“ the Project ”), as part of its community and social outreach initiatives within the communities surrounding the K.Hill Project, sponsored and hosted an equipment handover ceremony (the“ Ceremony ”) with the Kanye Community. Highlights
On Monday, October 28, 2024, at the Main Kgotla of the Bangwaketse people, Giyani Metals hosted an equipment handover ceremony in collaboration with the Bangwaketse Paramount Chief, the Kanye District Council, the Kanye District Health Management Team (DHMT), and representatives of People Living with Disabilities (PLWD).
The event, reflects Giyani's ongoing pledge to support disadvantaged members of the Kanye and Bangwaketse communities, marks a demonstrable increase in material support enabled by Company growth, continuing a legacy of active support for the community, and for people living with disabilities since 2021. The initiative aims to provide crucial equipment including wheelchairs, walking frames, and mattresses, for the benefit of differently-abled individuals within the communities of Kanye and Bangwaketse. As Giyani's projects grow, so too will its efforts to provide further assistance: Giyani looks forward to increasing its support to empower challenged individuals and foster inclusivity, in correlation with company growth. This reflects Giyani's determined commitment to support vulnerable members of the community and ensure that Company success directly benefits local communities.
Charles FitzRoy, President and CEO of the Company, commented:
“We are pleased to be working closely with the Bangwaketse Paramount Chief Kgosi Malope II and the Bangwaketse community in supporting this critical initiative, which enables us to provide essential equipment to empower local people living with disabilities. This support reflects our commitment to the community where we will operate.
Our ongoing collaboration with the Kanye District Health Management Team and the District Commissioner, including hosting the Commemoration of Disability Day since 2021, has deepened our understanding of community needs, allowing us to identify and address the challenges faced by disadvantaged members more effectively and sustainably. We look forward to furthering this impactful work alongside our esteemed community partners.
Social licence to operate is vital for any project and Giyani is committed to further deepening its commitments to its local communities. We view ourselves not merely as guests, but as invested partners and stakeholders, working together to build a lasting positive impact.”
Giyani social outreach
The Ceremony follows the P100,000 pledge made by Giyani to support the purchase of essential equipment for PWLD in Kanye, which was made in July 2024 during the birthday celebration of Bangwaketse Paramount Chief, Kgosi Malope II. This equipment includes wheelchairs, walking frames, crutches and nappies, to benefit a myriad of differently abled individuals all within the Kanye and Bangwaketse communities. Giyani, as the sole partner in this initiative, is aligning with Paramount Chief Bangwaketse's efforts to provide for the elders and disadvantaged members of the community. The Company has worked closely with the DHMT and Kanye District Council to identify the required equipment, and Giyani has engaged directly with local equipment suppliers to fulfil its pledge. The equipment was officially handed over during the Ceremony.
In attendance at the Ceremony were:
Kgosi Malope II, Paramount Chief of the Bangwaketse Dr. Lemogang Kwape, Minister of Foreign Affairs and Local MP for Kanye South Norman Patlakwe, Deputy District Commissioner for Kanye Representatives from the Kanye District Health Management Team (DHMT)
Following the Ceremony, Giyani representatives visited a school in Kanye for children living with disabilities to increase our understanding of their particular needs and establish a direct relationship with an additional community group who require support. This reflects the established intention of Giyani to continue supporting the PLWD, including the school, in addition to maintaining our tradition of hosting and sponsoring the Commemoration of Disability Day annually as we continue to meaningfully grow our involvement in the community.
Figure 1: Giyani about to present equipment at the Main Kgotla
Figure 2: Equipment ready to be handed over
Figure 3: Country Manager Elisa Modikwa handing over equipment to one of the beneficiaries
Figure 4: Remarks by Country Manager Elisa Modikwa highlighting Giyani's pride in partnering with local leaders to support and empower differently-abled individuals in Kanye community
About Giyani
Giyani is focussed on becoming the dominant western-world producer of sustainable, low carbon high purity battery grade manganese for the electric vehicle (“ EV ”) industry. The Company has developed a proprietary hydrometallurgical process to produce battery grade manganese (HPMSM), a lithium-ion battery cathode precursor material critical for EVs.
The Company has secured financing of US$26m from two strategic partners, ARCH Sustainable Resources Fund LP and the Industrial Development Corporation of South Africa, enabling it to progress the K.Hill battery-grade manganese project in Botswana to construction by building and operating the Demo Plant and completing a Definitive Feasibility Study in 2025.
Additional information and corporate documents may be found on and on Giyani Metals Corp. website at .
On behalf of Giyani Metals Corp.
Charles FitzRoy, President and CEO
Contact:
| Giyani Metals Corp. Charles FitzRoy, President & CEO | ... Tel: +1289-291-7632 | |
| Tavistock, Financial PR Tara Vivian-Neal | ... +44 20 7920 3150 | |
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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 news 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 news 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.
Such statements include without limitation: the ongoing sponsoring of community initiatives.
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 anticipated operations in future periods, planned construction and development of its properties and facilities, 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 governmental regulations; risks related to obtaining necessary licences and permits; risks related to Giyani's business being subject to environmental laws and regulations; risks related to the Company's 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 the Company's 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 the Company's 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 continuous disclosure documents which are filed on SEDAR+ at .
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