Mr. Danny Keating reports

GIYANI ANNOUNCES GRANT OF STOCK OPTIONS AND RSUS

Giyani Metals Corp. has granted 5.2 million stock options and 2,350,091 restricted share units (RSUs) to certain directors, officers and management of the company and its subsidiaries in accordance with the company's stock option and restricted share unit plans.

The grants follow a review by the company's board of directors of management's performance in 2023 as well as the establishment of the 2024 performance criteria for the management team.

Of the total option grant, 1.5 million options have been granted to officers, 3.5 million options have been granted to management and 200,000 options have been granted to directors of the company's subsidiary company in Botswana. Each option is exercisable into one common share of the company at a price of 11 cents per share for a period of five years from today's grant date. The options will vest one-third immediately and a further one-third on each of the first and second anniversaries of the date of the grant.

Each RSU will vest into one share of the company, or its cash equivalent, following the end of the vesting period. One-half of the RSUs issued today will vest on the first anniversary of today's grant and the balance on the second anniversary, subject to the terms of the company's RSU plan.

About Giyani Metals Corp.

Giyani's mission is to become a sustainable, low-carbon producer of battery materials for the electric vehicle (EV) industry. The company has developed a hydrometallurgical process to produce high-purity manganese sulphate monohydrate, a lithium-ion battery cathode precursor material critical for EVs, directly from ore from its manganese oxide deposits in Botswana.

We seek Safe Harbor.