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.

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