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Giyani Metals Secures Key $16M Financing Approval
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Giyani Metals Secures Key $16M Financing Approval

Giyani Gold (TSE:EMM) has released an update.

Giyani Metals Corp. has announced the conditional approval by the TSX Venture Exchange of a US$16 million financing facility with the Industrial Development Corporation of South Africa, set to bolster the development of its K.Hill battery-grade manganese project in Botswana. The company, which recently received US$10 million in funding, is advancing the construction of a Demonstration Plant and other business areas. The amended facility terms now permit future conversion of the debt into shares, with necessary approvals, aligning with TSX Venture Exchange requirements.

For further insights into TSE:EMM stock, check out TipRanks’ Stock Analysis page.

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