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Giyani Gold Corporate Update
Giyani Gold Corporate Update Giyani Gold Corporate Update Canada NewsWire OAKV...
About this update from Giyani Metals Corp
[{"type":"text","content":"\n\n\n\nGiyani Gold Corporate Update\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nGiyani Gold Corporate Update\nCanada NewsWire\nOAKVILLE, ON, March 31, 2016\n\n\n\nOAKVILLE, ON, March 31, 2016 /CNW/ - Giyani Gold Corp. (TSXV: WDG) (\"Giyani\" or the \"Company\") announces that further to its news releases dated October 14, 2015 and November 20, 2015, the Company and Crystal Capital Wealth Corporation (\"Crystal\") have terminated the indicative letter of intent agreement (the \"Agreement\") as it has expired. Under the terms of the Agreement, Giyani is entitled to and will pursue collecting the US$250,000 break fee. Crystal has loaned the Company CDN$35,000 which will be deducted from the break fee owing.\n\nThe Company is pursuing opportunities to enhance shareholder value. Additional announcements in this regard will be forthcoming in the near future.\n\nFurthermore, Giyani would like to announce the resignation of Mark Frewin as a director of the Company. Duane Parnham, Executive Chairman, comments: \"On behalf of the Board and myself personally having worked with Mark for many years on numerous successful ventures, we wish him the very best in all his future endeavors and thank him for all his invaluable contribution over the years\".\n\nThe Company will be filing the Annual Financial Statements on or about April 29, 2016.\n\nThe TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release. \n\nOn behalf of the Board of Directors of Giyani Gold Corp.Duane Parnham, Executive Chairman\n\nForward 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. Althou...