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Giyani Metals Announces Grant of Stock Options and Appointment of Investor Relations Consultants
OAKVILLE, Ontario, Sept. 24, 2020 (GLOBE NEWSWIRE) -- Giyani Metals Corp. (TSXV:EMM, GR:A2DUU8) ("Giyani" or the "Company") announces the granting of options, t
About this update from Giyani Metals Corp
[{"type":"text","content":" OAKVILLE, Ontario, Sept. 24, 2020 (GLOBE NEWSWIRE) -- Giyani Metals Corp. (TSXV:EMM, GR:A2DUU8) (\"Giyani\" or the \"Company\") announces the granting of options, the appointment of Dig Media Inc. dba Investing News Network (“INN”), and the signing of a services agreement with Hybrid Financial Ltd. (“Hybrid”). Grant of Options Giyani has granted an aggregate of 2,100,000 stock options (each an \"Option\") to certain directors, officers, and consultants of the Company in accordance with the Company's current stock option plan. Each Option is exercisable into one common share (a \"Share\") of the Company at a price of $0.185 per Share for a period of five years from the date of grant, being today. A total of 1,400,000 Options vest immediately with the remaining 700,000 vesting over a two-year period. Appointment of INN The Company has entered into an advertising and investor awareness campaign with INN. INN is a private company headquartered in Vancouver, Canada, dedicated to providing independent news and education to investors since 2007. For a 12-month term of the agreement, INN will provide advertising services to Giyani to increase its awareness. INN does not provide investor relations or market making services as defined by TSXV policies. The cost of the campaign is $58,000. INN currently holds 464,000 Shares in Giyani. Hybrid Financial Services Agreement The Company has also signed a services agreement with Hybrid, a Canadian based financial and marketing company. Hybrid will assist Giyani with all aspects of its marketing strategy and will provide, amongst others, services such as brand awareness and distribution. Giyani will compensate Hybrid at a flat basic fee of $15,000 per month for a minimum of 6 months. Hybrid currently holds 1,050,000 Shares in Giyani. About Giyani Giyani Metals Corp. is a mineral resource company focused on the development of its K.Hill, Lobatse & Otse manganese oxide projects in the Kanye Basin, Botswana, Africa. The Company's flagship K.Hill project is a near-surface deposit currently going through a feasibility study to produce high-purity electrolytic manganese metal and manganese sulphate, both key cathode ingredients for batteries in the expanding electric vehicle (EV) market. Additional information and corporate documents may be found on www.sedar.com and on Giyani Metals Corp. Website...