GIYANI GOLD UPDATE

Trading Symbol:  WDG - (TSX.V)

VANCOUVER, April 26 /CNW/ - Giyani Gold Corp ("Giyani") is pleased to announce that management is in the process of seeking the consent of each of the subscribers in its recent private placement acquisition financing to further extend the escrow release date of that financing to June 30, 2011.

Management reports progress continues towards completion of definitive documentation, and remains confident that the deal will be concluded as previously outlined.

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.

On behalf of the Board of
Giyani Gold Corp.,

"Duane Parnham"
Duane Parnham,
Chairman

This news release contains forward-looking statements regarding the future success of the business of the Company that is subject to risk and uncertainties.  Examples of such forward-looking statements including, but are not limited to, statements concerning the Company's acquisition of the interest in the Giyani Gold Project, expectations concerning timing and success of exploration activities generally, government regulation of exploration and mining operations, indications and benefits of exploration, drilling test work and engineering assessments, environmental risks, tile disputes or claims, and the Company's intention to raise additional capital and financing.  These forward-looking statements involve known and unknown risk and uncertainties that may cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied in these forward-looking statements.  These risks include risks related to whether or not the Company will complete the South African transaction, dependence on key personnel, competition, risks related to newly acquired businesses, uncertainty and dilution of additional financing and ability to service debt, as well as the risk factors described in the Company's Management Discussion and Analysis filed on SEDAR at www.sedar.com, and the risks to be described in any Management Information Circular. The forward-looking statements contained herein are made as of the date of this news release and are expressly qualified in their entirety by this cautionary statement.  Except as required by law, the Company undertakes no obligation to publicly update or revise any such forward-looking statements to reflect any change in its expectations or in events, conditions or circumstances on which any such forward-looking statements may be based, or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements.

SOURCE GIYANI GOLD CORP.

For further information:

please contact Alexander Helmel, President at 604-676-4133

Profil de l'entreprise

GIYANI GOLD CORP.

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