OAKVILLE, ON, Feb. 14, 2013 /CNW/ - Giyani Gold Corp. (WDG.V) ("Giyani Gold") is pleased to announce their continued relationship with European investor relations firm Profinnotiv AG ("Profinnotiv").
Duane Parnham, Executive Chairman of Giyani Gold, commented: "We've been incredibly pleased with the caliber of work the team at Profinnotiv delivered to Giyani Gold in 2012. Our continued relationship with Profinnotiv ensures that the Giyani Gold story will reach new publications, investors and markets in 2013."
Profinnotiv provides European capital market advisory services in support of the Giyani Gold Frankfurt listing (KT9.F) and German language public relations services in Germany and abroad. Profinnotiv has increased international buying and awareness of Giyani Gold and will continue to organize promotional roadshows for Giyani Gold to facilitate introductions to qualified investment professionals.
Giyani Gold has retained Profinnotiv effective January 1, 2013 for a twelve month term which will expire on December 31 , 2013. Under the terms of the agreement, Profinnotiv will receive a quarterly fee of CAD $45,000 during the currency of the agreement. Giyani Gold will use funds from its general working capital to provide Profinnotiv's compensation. This agreement shall be subject to a quarterly review by Giyani Gold and the agreement may be terminated by either party on 30 days' notice to the other party.
Profinnotiv is a privately held investor relations firm based out of Zurich , Switzerland . Profinnotiv and their principals hold 48,000 common shares, held directly and indirectly, in Giyani Gold.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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.