Giyani Gold closes $1.23M private placement

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By CPE News

Oakville, ON (pcJ News Briefs) – Giyani Gold Corp. (TSX-V: WDG) has closed previously announced non-brokered private placement of 3,521,572 units at $0.35per unit for gross proceeds of $1,232,550.

Each unit is consisting of one common share and one half of a share purchase warrant with each whole warrant exercisable for one additional common share at $0.70 per share.

A finders’ fee of $6,300 has been paid in connection with one investor in the private placement.

Giyani Gold is currently engaged in the acquisition, exploration, evaluation, and development in Sub Sahara Africa of raw material for the battery industry.