OAKVILLE, ON, June 12, 2014 /CNW/ - Giyani Gold Corp. (TSXV: WDG, JSE: GIY, NSX: GGC) ("Giyani Gold") is pleased to announce it has engaged Proconsul Capital Ltd. ("Proconsul") to provide investor relations services to Giyani Gold and has entered into a consulting agreement.
Proconsul, a Toronto based company founded by Andreas Curkovic, plans to develop an investor relations campaign for Giyani Gold focused on elevating the profile and recognition of Giyani Gold in the Canadian investment community. To accomplish this, Proconsul will be building an investor audience by means of conducting roadshows, and coordinating communication between Giyani Gold management and investment professionals.
Giyani Gold will pay Proconsul a monthly retainer of $5,000 and reimburse any preapproved expenses. The consulting contract renews automatically on a month to month basis and may be terminated by either party at any point upon thirty days written notice. Upon the six month anniversary of the consulting agreement, Giyani Gold may grant a mutually agreed upon number of stock options to purchase common shares in the capital of Giyani Gold in accordance with the rules and regulations set in the Giyani Gold stock option plan.
Neither Proconsul, nor any Proconsul principals, have any interest, directly or indirectly, in Giyani Gold or its securities. Proconsul and Proconsul principals have the right and intend to, from time to time, purchase Giyani Gold securities for investment purposes.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
On behalf of the Board of Giyani Gold Corp.
Forward Looking Statements
This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release or other future plans, objectives or expectations of Giyani Gold Corp. are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Giyani Gold's plans or expectations include risks relating to the actual results of current exploration activities, fluctuating gold prices, possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks detailed herein and from time to time in the filings made by Giyani Gold with securities regulators. Giyani Gold expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.
SOURCE: Giyani Gold Corp.
For further information: Luke Vigeant, Head of Communications, Tel: 1.905.844.1456 ext. 237, Email: email@example.com