OAKVILLE, ON, June 22, 2012 /CNW/ - Giyani Gold Corp. (TSXV: WDG)
("Giyani Gold") is pleased to announce the results of its Annual
Meeting of shareholders held yesterday.
Election of Directors
The number of directors has been set at seven and includes the election
of Duane Parnham, Ed Guimaraes, Alex Helmel, Mark Frewin, Dr. Roger
Laine and Scott Kelly.
Appointment of Auditor
PricewaterhouseCoopers LLP, Chartered Accountants, has been appointed as
auditor of the Company for the ensuing year and the board of directors
has been authorized to fix their remuneration.
Stock Option Plan
The Giyani Gold rolling stock option plan has been approved by
About Giyani Gold Corp.:
Giyani Gold is a publicly-traded junior exploration company focused on
building a portfolio of under explored, past producing gold assets.
Giyani Gold has entered into agreements to acquire five exploration
licenses in the Giyani Archean Greenstone Belt located in the
northeastern region of South Africa. These properties consist of more
than 170 square kilometers of highly prospective greenstone belt with
six past producing mines. Closing of these transactions remains subject
to satisfaction of various closing conditions.
Giyani Gold has also assembled approximately 100 square kilometers of
options and licenses within the western part of the Mishibishu
Greenstone Belt near Wawa, Ontario. This greenstone belt is known for
gold production with multiple operating mines in the region. These
properties cover a 20 kilometer strike length and host a quartz - eye
Additional information and corporate documents may be found on www.sedar.com and the Giyani gold website, www.giyanigold.com.
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
On behalf of the Board of
Giyani Gold Corp.
SOURCE GIYANI GOLD CORP.
For further information:
Giyani Gold Corp.