Mr. Robin Birchall reports

GIYANI AWARDS RECLAMATION WORK FOR ITS MANGANESE DEPOSITS IN BOTSWANA TO LAZENBY HOLDINGS (PTY) LTD.

Giyani Metals Corp. has completed the reclamation work tendering process by selecting Lazenby Holdings Pty. Ltd., a reputable, Botswana-based mineral processing services company. Lazenby has been selected to undertake the environmental cleanup work at the K.Hill and Otse manganese deposits in Botswana, in accordance with the environmental management plans (EMPs), which were approved by the Department of Environmental Affairs (DEA) in Botswana in late July, 2019.

The tendering process began in August, 2019, with five service providers, initially, bidding for the project. After site visits and several rounds of proposals, the company shortlisted three competitive service providers to submit one final offer. Finally, this tendering process came to a conclusion in late November, 2019, with Lazenby as the winning contractor. Giyani will now negotiate the final contract documents with Lazenby with a view to commencing the reclamation works at the two sites. In due course, Giyani will update the market as to the expected commencement date of work in Botswana at the reclamation sites.

Update on financing of the reclamation projects

The company wishes to confirm to the market that it is continuing its discussions with Traxys regarding the convertible loan note (CLN) that is earmarked to finance the reclamation work. Negotiations with Traxys have continued while the company has been finalizing the selection of the contractor. Traxys has been kept informed of all the discussions, including the selection of Lazenby.

Robin Birchall, chief executive officer of Giyani, commented: "We are very satisfied with the final proposal from Lazenby; they have demonstrated high levels of innovation and flexibility, which enabled us to achieve our intended deliverables within the forecast budget. We look forward to working jointly with Lazenby towards final contracts and a smooth execution of this project, which will add value to our shareholders and establish Giyani as a credible mineral resource developer in Botswana."

Casper Groenewald, chief executive officer of Lazenby, commented: "Lazenby is excited to be awarded the tender and confident that our extensive operating experience in Botswana will ensure the success of this project. Giyani is an up-and-coming company with a dynamic management team, and we are thrilled to be partnering with them for this project. Opportunities such as these contribute positively to not only the economy of Botswana, but its future as a whole."

About Giyani Metals Corp.

Giyani Metals is a Canadian junior explorer and developer focused on creating shareholder value by accelerating the development of its high-grade manganese project in the Kanye basin, Botswana, Africa.

We seek Safe Harbor.