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Giyani Metals Corp. V.EMM

Alternate Symbol(s):  CATPF

Giyani Metals Corp. is a battery metal development company. The Company is a low-carbon producer of high-purity manganese sulphate monohydrate (HPMSM), a precursor material used by lithium-ion battery manufacturers for the electric vehicle (EV) market. It is focused on advancing its manganese assets within the Kanye Basin in southeastern Botswana, Africa (the Kanye Basin Prospects) through its wholly owned Botswana subsidiary Menzi Battery Metals (Pty) Ltd. Its Kanye Basin Prospects consist of about eight prospecting licenses and include the past producing Kgwakgwe Hill mine and project (K.Hill Project), the Otse manganese prospect (Otse) and the Lobatse manganese prospect (Lobatse). It operates through three segments: Botswana Battery Metals Project for the exploration, evaluation and development of its manganese assets located in Botswana and assets under construction in South Africa; South Africa Mining for activities related to projects in South Africa; and Corporate.


TSXV:EMM - Post by User

Comment by Bossladyon Mar 02, 2021 5:37pm
163 Views
Post# 32698245

RE:RE:RE:RE:RE:Why

RE:RE:RE:RE:RE:Why.....Yeah, I have seen it happen before many times too Warrior.  And I liked Tim Whatleys question re "Taken from the Treasury" and dilution.  I think it still is dilutive, regardless.  But it looks like Cormark and Beacon are taking all the risk, which as Warrior said, says alot about their faith in Giyani.  What I don't understand is if Cormark and Beacon took this on as a Bought Deal Financing, aside from TSXV approval, why isn't it closing until March 24ish?? ...And if this was done, as suggested on the other board, as a precursor to the TSX uplisting, I can understand why this was done in advance.  After Uplisting to the TSX there are certain other higher fees that have to be paid to the exchange for PP's and Bought Deal, Financings etc, so if there is a need for more cash may as well do it in advance to that uplisting.  This caught me off guard today though, and wasn't what I expected as a "Very, Very Nice Surprise", cause in my experience, the share price will be range bound til this closes.  And what is all this talk today about "Christmas"?????
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