Giyani Gold announces the results of annual general meeting
OAKVILLE, ON, June 22, 2012 /CNW/ – Giyani Gold Corp. (TSXV: WDG) ("Giyani Gold") is pleased to announce the results of its Annual Meeting of shareholders held yesterday.
Election of Directors
The number of directors has been set at seven and includes the election of Duane Parnham, Ed Guimaraes, Alex Helmel, Mark Frewin, Dr. Roger Laine and Scott Kelly.
Appointment of Auditor
PricewaterhouseCoopers LLP, Chartered Accountants, has been appointed as auditor of the Company for the ensuing year and the board of directors has been authorized to fix their remuneration.
Stock Option Plan
The Giyani Gold rolling stock option plan has been approved by dis-interested shareholders.
About Giyani Gold Corp.:
Giyani Gold is a publicly-traded junior exploration company focused on building a portfolio of under explored, past producing gold assets. Giyani Gold has entered into agreements to acquire five exploration licenses in the Giyani Archean Greenstone Belt located in the northeastern region of South Africa. These properties consist of more than 170 square kilometers of highly prospective greenstone belt with six past producing mines. Closing of these transactions remains subject to satisfaction of various closing conditions.
Giyani Gold has also assembled approximately 100 square kilometers of options and licenses within the western part of the Mishibishu Greenstone Belt near Wawa, Ontario. This greenstone belt is known for gold production with multiple operating mines in the region. These properties cover a 20 kilometer strike length and host a quartz – eye porphyry system.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
On behalf of the Board of
Giyani Gold Corp.
For further information:
Giyani Gold Corp.
Email: [email protected]