Giyani Metals raises C$3.6M in upsized private placement, appoints new Operations VP

Giyani Metals Corp (TSX-V:EMM, OTC:CATPF) CEO Charles FitzRoy talked with Proactive's Stephen Gunnion about the company’s C$3.6 million fundraise, which was upsized due to strong investor demand. FitzRoy said the majority of support came from existing shareholders, including major backers ARCH and RAB, highlighting confidence in Giyani’s plans. He explained that the proceeds will be used to advance the company past its definitive feasibility study (DFS), expected in the first quarter. The DFS had been delayed as the commissioning of Giyani’s demonstration plant took longer than anticipated. According to FitzRoy, “The learnings from the demonstration plant, which is the largest of its kind we understand outside China, directly feeds the DFS.” The demonstration facility is already producing high-purity manganese sulphate monohydrate (HPMSM) this quarter, an essential battery material. FitzRoy also noted the appointment of Gavin Horscroft as senior vice president of operations, bringing over 40 years of experience in plant construction and project development. The company is targeting the production of both HPMSM and high-purity manganese oxide (HPMn), offering flexibility across different battery chemistries. FitzRoy said Horscroft’s chemical engineering background will strengthen the company’s ability to deliver on its processing and production goals. For more interviews and updates, visit Proactive’s YouTube channel. Don’t forget to like this video, subscribe to the channel, and enable notifications to stay up to date. #GiyaniMetals #Manganese #BatteryMetals #EVBatteries #MiningNews #SustainableEnergy #BatteryMaterials #CriticalMinerals #DFS #ProactiveInvestors