Giyani Acquires Former Manganese Producing Mine in Botswana
OAKVILLE, ONTARIO--(Marketwired - April 11, 2017) - Giyani Gold Corporation (TSX VENTURE:WDG)(FRANKFURT:KT9) ("Giyani" or the "Company") is pleased to announce the acquisition of six new prospecting licenses that encompass the past producing Kgwakgwe Hill Manganese Mine located in the Kanye Basin, Southeastern Botswana. Binding agreements have been signed with Everbroad Investments (Pty) Limited and Marcelle Holdings (Pty) Limited to acquire an 88% interest in PL322/2016 (Kgwakgwe Hill License) and 100% interest in PL336/2016 to PL340/2016 (adjacent to Kgwakgwe Hill) inclusive by making cash payments totaling US$75,000.