OAKVILLE, ON, April 30, 2013 /CNW/ - Giyani Gold Corp. (TSXV: WDG) ("Giyani Gold") is pleased to announce that they have engaged Namibian based IJG Securities (Pty) Ltd. ("IJG") to act as a corporate advisor and to sponsor the listing of Giyani Gold on the Namibian Stock Exchange ("NSX").
IJG is a founding member of the NSX and has assisted in successfully listing 18 of the last 20 companies on the exchange. IJG has experience in helping their clients with project evaluations and valuations, mergers and acquisitions, debt issuances and has helped raise over N$2.0 billion on the NSX.
Duane Parnham, Executive Chairman of Giyani Gold, stated: "Engaging IJG further strengthens Giyani Gold's ability to grow into a regional African gold company. Mark Späth, Managing Director of IJG, has unrivaled experience in the Namibian capital market and he will be working directly with our team to strengthen Giyani Gold's position in Namibia."
Mark Späth is a member of the NSX and has been directly involved as corporate advisor and sponsor to numerous companies that have listed (primary / dual / debt issues) on the NSX since September of 2006. In addition, Giyani Gold management has prior experience in working with IJG and listing on the NSX as a result of the listing of Forsys Metals on the NSX.
Giyani Gold's relationship with IJG and the planned NSX listing will occur contemporaneously with the previously announced engagement of Sasfin Capital ("Sasfin") and the planned listing of Giyani Gold on the Johannesburg Stock Exchange (see News Release - April 5, 2013). Giyani Gold, Sasfin and IJG will be working together to evaluate strategic acquisitions in Southern Africa.
"As part of our Corporate Social Responsibility, any benefits from this listing exercise will be shared with identified rural communities in Namibia. We are committed to ensuring that our business activities leave a positive mark on the lives of needy communities", stated Knowledge Katti, the Vice President of Business Development at Giyani Gold Corp.
Neither 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
Giyani Gold Corp.
Tel: +1.905.844.1456 X237
Chuck Allen, President
Giyani Gold Corp.
Tel: +1.905.844.1456 X223