Mr. Duane Parnham reports

DUANE PARNHAM ACQUIRES SHARES OF GIYANI GOLD CORP.

Duane Parnham has acquired, in the aggregate, through a series of acquisitions from June 25, 2012, to Sept. 28, 2012, an additional 235,400 common shares in the capital of Giyani Gold Corp. (see news release dated June 25, 2012). As a result, Mr. Parnham currently owns an aggregate of 5,018,423 common shares representing 12.04 per cent of Giyani Gold's issued and outstanding common shares, as disclosed on SEDI. The shares were acquired on the open market through the facilities of the TSX Venture Exchange. The shares were acquired at an average purchase price of $1.23 per common share.

Mr. Parnham acquired the shares for investment purposes and may acquire additional Giyani Gold securities in the future or dispose of his existing Giyani Gold common shares on the basis of his assessment of market conditions and in compliance with all applicable securities regulatory requirements.

A copy of the related early warning report has been filed with applicable securities commission and can be found on Giyani Gold's profile at SEDAR. The issuance of this news release is not an admission that an entity named in the news release owns or controls any described securities or is a joint actor with another named entity.