Giyani Closes the Historical K. Hill Manganese Mine Acquisition

OAKVILLE, ONTARIO--(Marketwired - July 13, 2017) - Giyani Gold Corporation (TSX VENTURE:WDG)(FRANKFURT:KT9) ("Giyani" or the "Company") is pleased to announce the acquisition of seven new prospecting licenses in the Kanye Basin, Southeastern Botswana. Giyani signed a definitive agreement (the "Agreement") with Marcelle Holdings (Pty) Limited ("Marcelle") to acquire an 88% interest in seven prospecting licences (PL294/2016 to PL300/2016 inclusive) by making cash payments totaling BWP 980,000 Botswana Pula. Additionally, the Agreement also includes the completion of the acquisition of 100% interest in five prospecting licences (PL336/2016 to PL340/2016 inclusive) from Marcelle, and 88% interest in one prospecting licence (PL322/2016) from Everbroad Investments (Pty) Limited ("Everbroad) previously announced on 2017/April/11. The Agreement also includes the acquisition of 100% interest in Menzi Battery (Pty) Limited ("Menzi"), a company incorporated in accordance with the laws of Botswana by issuing two million common shares of Giyani to Mr. Arnoldus Brand, subject to regulatory approval.