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Highlights
Giyani Metals Corp launches equity financing to support development at flagship K.Hill manganese project
Aims to become a low-carbon supplier of high-purity manganese sulphate monohydrate for the EV battery sector
Letter of interest secured for a long-term loan from the Export–Import Bank of the United States
Giyani Metals Corp (TSX:EMM), listed on the TSX Venture Composite Index, is a development-stage company working to establish itself as a leading supplier of high-purity manganese sulphate monohydrate (HPMSM) from southern Africa. The material is a key component used in lithium-ion battery production, particularly within the growing electric vehicle market.
Operating across multiple manganese oxide assets in Botswana’s Kanye Basin, the company is centered around its flagship K.Hill project. Positioned within a region known for quality manganese resources, the project is designed to deliver HPMSM with reduced carbon intensity through on-site renewable energy and efficient processing methods.
Private placement launched to support project advancement
Giyani Metals recently announced an equity financing initiative through a private placement aimed at advancing the K.Hill manganese project. The financing will consist of units priced at a fixed rate, each including common shares and partial share purchase warrants. These warrants are structured to be exercised over a designated timeframe following the closing date.
The capital raised will be directed toward ongoing technical workstreams, including project development activities and corporate working capital requirements. This round of funding follows a strategic focus on securing resources necessary to progress through the pre-construction and early execution phases of the project.
Finder’s fees are expected to apply under standard regulatory frameworks, including a combination of cash commissions and non-transferable finder’s warrants, all pending applicable approvals.
Strategic support through international financing interest
Giyani Metals continues to build momentum following the announcement that it received a letter of interest from the Export–Import Bank of the United States. This support outlines the possibility of a long-term loan to finance construction and development, structured over an extended term.
The backing aligns with broader global interest in energy transition supply chains and reinforces the company’s positioning within the EV battery materials ecosystem. By developing a regional HPMSM supply source, the company contributes to the diversification of critical mineral inputs for battery manufacturing.
Key focus on environmentally responsible production
Environmental considerations are embedded in the development strategy for the K.Hill project. Giyani aims to set a precedent for manganese processing with significantly reduced emissions, leveraging renewable power integration and local beneficiation processes to minimize the environmental impact of production.
This approach addresses the growing demand for traceable, sustainably sourced battery materials, especially within jurisdictions requiring verified supply chains. The company’s forward focus includes demonstration-scale validation and execution planning, with technical milestones driving progress on-site in Botswana.
