Business
Giyani Gold Engages Sasfin Bank as Strategic Advisor and for Dual Listing on JSE
OAKVILLE, ON, April 5, 2013 /CNW/ - Giyani Gold Corp. (TSXV: WDG) ("Giyani Gold") is please...
About this update from Giyani Metals Corp
[{"type":"text","content":"\n\n\n\n\n\nOAKVILLE, ON, April 5, 2013 /CNW/ - Giyani Gold Corp. (TSXV: WDG)\n (\"Giyani Gold\") is pleased to announce that they have engaged South\n African based Sasfin Capital, a division of Sasfin Bank Limited\n (\"Sasfin\") to provide general strategic corporate advisory services and\n to act as transactional sponsor to the listing of Giyani Gold on the\n Johannesburg Stock Exchange (\"JSE\") on an exclusive basis.\n\n\nSasfin is an independent and diversified banking and financial services\n group with intimate knowledge and senior relationships within the South\n African banking and investment communities. Sasfin's corporate finance\n team has tremendous experience and knowledge relating to the resource\n sector and capital markets of Southern Africa and is uniquely suited as\n a corporate advisor to Giyani Gold.\n\n\nDuane Parnham, Executive Chairman of Giyani Gold, stated: \"Listing on\n the JSE and partnering with a firm as recognised and experienced as\n Sasfin ensures that we will open new capital markets and attract new\n investors to Giyani Gold, while also demonstrating Giyani's commitment\n to building a regional African gold company. This relationship with the\n Sasfin team, led by Noah Greenhill, positions Giyani Gold for strategic\n growth in Africa and provides access to the financial support required\n to strengthen our development projects in the historically gold\n producing province of Limpopo, South Africa.\"\n\n\nMr. Greenhill affirmed that Giyani Gold and their management team are\n the types of partners with whom Sasfin strives to engage. Eddie Raff, a\n colleague of Mr. Greenhill, holds significant gold market insight and\n will be working closely with Giyani Gold to evaluate a specific\n acquisition. Mr. Raff noted, \"Giyani Gold's strong relationships in\n Namibia and Southern Africa, together with management's proven track\n record in the region, make them exceptional candidates for expansion by\n partnering with Sasfin and dual listing on the JSE\".\n\n\nDuane Parnham further stated, \"The current market environment is\n presenting opportunities to acquire quality projects at a very\n reasonable valuation. Taking advantage of these opportunities requires\n experienced management, resource development expertise, regional\n African operating capability and a strategic financial partner like\n Sas...