OAKVILLE, ON, Sept 19, 2014 /CNW/ - Giyani Gold Corp. (TSXV: WDG, JSE: GIY) (the "Company") announces that further to its news release dated August 15, 2014, the Company and the Shareholders of Horizon Enerji A.S. and Sumo Coal (Pty) Ltd. have mutually agreed to sign an extension agreement that stipulates the parties will execute a definitive agreement by October 31, 2014 and if all conditions are satisfied thereafter it is expected that the Transaction will close by December 31, 2014.
Neither the TSX Venture Exchange Inc. 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 release. The TSX Venture Exchange has not passed upon the merits of the proposed transaction.
On behalf of the Board of Directors of Giyani Gold Corp.
(signed) "Duane Parnham"
Duane Parnham, Executive Chairman
Forward Looking Statements
This news release contains certain statements that may be deemed "forward-looking statements". Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Giyani believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of Giyani's management on the date the statements are made. Except as required by law, Giyani undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
SOURCE: Giyani Gold Corp.
For further information: Investor Contact, Luke Vigeant, Head of Communications, Giyani Gold Corp., Tel: 1.905.844.1456 X237, Email: [email protected]