Giyani Gold Engages Sasfin Bank as Strategic Advisor and for Dual Listing on Jse

OAKVILLE, ON, April 5, 2013 /CNW/ - Giyani Gold Corp. (TSXV: WDG) ("Giyani Gold") is pleased to announce that they have engaged South African based Sasfin Capital, a division of Sasfin Bank Limited ("Sasfin") to provide general strategic corporate advisory services and to act as transactional sponsor to the listing of Giyani Gold on the Johannesburg Stock Exchange ("JSE") on an exclusive basis.

Sasfin is an independent and diversified banking and financial services group with intimate knowledge and senior relationships within the South African banking and investment communities. Sasfin's corporate finance team has tremendous experience and knowledge relating to the resource sector and capital markets of Southern Africa and is uniquely suited as a corporate advisor to Giyani Gold.

Duane Parnham, Executive Chairman of Giyani Gold, stated: "Listing on the JSE and partnering with a firm as recognised and experienced as Sasfin ensures that we will open new capital markets and attract new investors to Giyani Gold, while also demonstrating Giyani's commitment to building a regional African gold company. This relationship with the Sasfin team, led by Noah Greenhill, positions Giyani Gold for strategic growth in Africa and provides access to the financial support required to strengthen our development projects in the historically gold producing province of Limpopo, South Africa."

Mr. Greenhill affirmed that Giyani Gold and their management team are the types of partners with whom Sasfin strives to engage. Eddie Raff, a colleague of Mr. Greenhill, holds significant gold market insight and will be working closely with Giyani Gold to evaluate a specific acquisition. Mr. Raff noted, "Giyani Gold's strong relationships in Namibia and Southern Africa, together with management's proven track record in the region, make them exceptional candidates for expansion by partnering with Sasfin and dual listing on the JSE".

Duane Parnham further stated, "The current market environment is presenting opportunities to acquire quality projects at a very reasonable valuation. Taking advantage of these opportunities requires experienced management, resource development expertise, regional African operating capability and a strategic financial partner like Sasfin. We appreciate Sasfin's confidence in our team and we look forward to quickly evaluating and executing opportunities with their support."

Brief resumes of the senior team members from Sasfin have been included below.

Noah Greenhill, MBA (Wits)

Noah Greenhill was the former senior general manager of marketing and business development at the JSE and is the head of Sasfin Capital's corporate finance team. He has a vast network of corporate contacts and strong marketing skills, built up over his 12 years of heading the JSE's marketing efforts. Mr. Greenhill was the driving force behind the establishment of the JSE's AltX and was personally responsible for shepherding many of the new listings onto the JSE's junior board during the listings boom of 2003 to 2007.

Eddie Raff, BCom, BSc (H), H.Dip Tax, Man (H), CFA

Eddie Raff has extensive resources experience after spending almost 10 years at AngloGold Ashanti. He has been involved in more than R50 billion of successful transactions across the full suite of corporate finance services including, inter alia, mergers and acquisitions, due diligences, disposals, BEE, MBO's, LBO's, debt instruments and equity capital raisings, schemes of arrangement, structuring and tax optimisation. In addition, Mr. Raff spent a large amount of time assessing major capital projects. He lead the valuations of all the AngloGold mines, where he gained a very good understanding of the operations, expansion potential and value drivers of the mining industry. Prior to AngloGold Mr. Raff spent two years at the ABIL group where he was involved in balance sheet management and diverse funding structures. Mr. Raff joined Sasfin in 2012 as a Corporate Finance Executive.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

On behalf of the Board of Giyani Gold Corp.

"Duane Parnham"
Executive Chairman

Forward Looking Statements
This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release or other future plans, objectives or expectations of Giyani Gold Corp. are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Giyani Gold's plans or expectations include risks relating to the actual results of current exploration activities, fluctuating gold prices, possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks detailed herein and from time to time in the filings made by Giyani Gold with securities regulators. Giyani Gold expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.

SOURCE Giyani Gold Corp.