Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Giyani Metals Corp V.EMM

Alternate Symbol(s):  CATPF

Giyani Metals Corp. is a battery metal development company. It produces sustainable, low carbon high purity battery-grade manganese for the electric vehicle (EV) industry. It has developed a hydrometallurgical process to produce battery-grade high-purity manganese sulphate monohydrate (HPMSM), a lithium-ion battery cathode precursor material critical for EVs, directly from ore supplied by its own manganese oxide (MnO) deposits. These include the K.Hill Battery-Grade Manganese Project, the Otse MnO prospect (Otse) and the Lobatse MnO prospect (Lobatse). The K.Hill Project, Otse, and Lobatse are located in the Kanye Basin of south-eastern Botswana (the Kanye Basin Prospects) and held through Menzi Battery Metals (Pty) Limited, a subsidiary of the Company. Its segments include Botswana Battery Metals Project for the exploration, evaluation and development of its battery-grade manganese assets located in Botswana and the demonstration plant under construction in South Africa and Corporate.


TSXV:EMM - Post by User

Bullboard Posts
Post by pianoman88on Feb 18, 2011 8:24am
321 Views
Post# 18156551

Took your advice Dawg & called WDG

Took your advice Dawg & called WDGThe shares from last years private placement were never held in escrow. They were given out to the buyers as money was received, but the money was held in escrow. Most of the shares have been released into the market already over the last few months, so there is no threat of the share price being affected on February 28th.
I first contacted them via e-mail and their reply included, "some of the monies were used towards a down payment towards an acquisition". I was told this again during my phone call, and that a news release regarding the acquisition is to be expected next week. This is most likely the reason for the sudden "uptic" yesterday, as I'm sure the word was out on this.
Sure to be more gains over the coming days.
GLTA, ll lll ll lll
Bullboard Posts