Giyani Gold Corp. Press Releases

Giyani Gold Final Approval Received for Rock Island Project

Thu, 23 May 2013 09:46:00 -0400

OAKVILLE, ON, May 23, 2013 /CNW/ - Giyani Gold Corp. (TSXV: WDG) ("Giyani Gold") confirms that all necessary approvals relating to Prospecting Right LP306PR (Louis Moore) and Prospecting Right LP310PR (Klein Letaba-Frankie, Horseshoe and Birthday) have been received from the South African Department of Mineral Resources ("DMR").

Furthermore, Giyani Gold has made amendments to their applications for additional prospecting rights in the province of Limpopo and awaits DMR approval.

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.

please contact:
Luke Vigeant, Head of Communications
Giyani Gold Corp.
Tel: 1.905.844.1456 X237
Email: lvigeant@giyanigold.com

Chuck Allen, President
Giyani Gold Corp.
Tel: 1.905.844.1456 X223
Email: callen@giyanigold.com

Giyani Gold Engages Namibian Based IJG Securities to Sponsor NSX Listing

Tue, 30 Apr 2013 09:15:00 -0400

OAKVILLE, ON, April 30, 2013 /CNW/ - Giyani Gold Corp. (TSXV: WDG) ("Giyani Gold") is pleased to announce that they have engaged Namibian based IJG Securities (Pty) Ltd. ("IJG") to act as a corporate advisor and to sponsor the listing of Giyani Gold on the Namibian Stock Exchange ("NSX").

IJG is a founding member of the NSX and has assisted in successfully listing 18 of the last 20 companies on the exchange. IJG has experience in helping their clients with project evaluations and valuations, mergers and acquisitions, debt issuances and has helped raise over N$2.0 billion on the NSX.

Duane Parnham, Executive Chairman of Giyani Gold, stated: "Engaging IJG further strengthens Giyani Gold's ability to grow into a regional African gold company. Mark Späth, Managing Director of IJG, has unrivaled experience in the Namibian capital market and he will be working directly with our team to strengthen Giyani Gold's position in Namibia."

Mark Späth is a member of the NSX and has been directly involved as corporate advisor and sponsor to numerous companies that have listed (primary / dual / debt issues) on the NSX since September of 2006. In addition, Giyani Gold management has prior experience in working with IJG and listing on the NSX as a result of the listing of Forsys Metals on the NSX.

Giyani Gold's relationship with IJG and the planned NSX listing will occur contemporaneously with the previously announced engagement of Sasfin Capital ("Sasfin") and the planned listing of Giyani Gold on the Johannesburg Stock Exchange (see News Release - April 5, 2013). Giyani Gold, Sasfin and IJG will be working together to evaluate strategic acquisitions in Southern Africa.

"As part of our Corporate Social Responsibility, any benefits from this listing exercise will be shared with identified rural communities in Namibia. We are committed to ensuring that our business activities leave a positive mark on the lives of needy communities", stated Knowledge Katti, the Vice President of Business Development at Giyani Gold Corp.

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.

Luke Vigeant, Head of Communications
Giyani Gold Corp.
Tel: 1.905.844.1456 X237
Email: lvigeant@giyanigold.com

Chuck Allen, President
Giyani Gold Corp.
Tel: 1.905.844.1456 X223
Email: callen@giyanigold.com

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

Fri, 05 Apr 2013 09:59:00 -0400

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.

On behalf of the Board of Giyani Gold Corp.

"Duane Parnham"
Executive Chairman

Luke Vigeant, Head of Communications
Giyani Gold Corp.
Tel: 1.905.844.1456 X237
Email: lvigeant@giyanigold.com

Chuck Allen, President
Giyani Gold Corp.
Tel: 1.905.844.1456 X223
Email: callen@giyanigold.com

Giyani Gold Corp. Drill Results from New Gold Zone at Klein Letaba

Thu, 28 Mar 2013 09:00:00 -0400

OAKVILLE, ON, March 28, 2013 /CNW/ - Giyani Gold Corp. (TSXV: WDG) ("Giyani Gold") is pleased to announce results from drill holes KL13-22 and KL13-23 and the completion of hole KL13-24 as part of the ongoing 2013 drilling program at Giyani Gold's Klein Letaba property located in South Africa.

Hole KL13-22 and Hole KL13-23 were drilled to continue to trace and expand the New Gold Zone ("New Gold Zone") originally discovered on the Klein Letaba property in hole KL12-01 (13.16 g/t Au over 15.1m) and further expanded by hole KL13-21 (6.92 g/t Au over 8.87m). Hole KL13-22 intersected the upper edge of the New Gold Zone 35m up plunge from hole KL12-01 and intersected 4.09 g/t Au over 1m within a wide anomalous gold zone of 0.65 g/t Au over 15.46m. Hole KL13-23 intersected the New Gold Zone 35m down plunge from hole KL12-01 and intersected 25.5 g/t Au over 1m within a wide anomalous gold zone of 1.78 g/t Au over 17.48m. The results from these holes indicate that the western margin of the New Gold Zone remains open for further expansion and will require further definition in the future.

Assays Results from KL13-22 include:

Hole Number	Sample Number	From (m)	To (m)	Interval (m)	Gold (g/tonne)	Gold Check Assay (g/tonne)
KL13-22	651506	178.54	179.55	1.01	0.343
KL13-22	651507	179.55	180.55	1	0.342
KL13-22	651508	180.55	181.49	0.94	0.426
KL13-22	651509	181.49	182.49	1	0.422
KL13-22	651510	182.49	183.48	0.99	0.408
KL13-22	651511	183.48	184	0.52	0.774
KL13-22	651512	184	185	1	0.198
KL13-22	651513	185	186.26	1.26	0.234
KL13-22	651514	186.26	187.23	0.97	0.329
KL13-22	651515	187.23	188	0.77	0.098
KL13-22	651516	188	189	1	0.101
KL13-22	651517	189	189.66	0.66	0.704
KL13-22	651518	189.66	190.66	1	0.642
KL13-22	651520	190.66	191.66	1	3.75	4.09
KL13-22	651521	191.66	192.77	1.11	0.763
KL13-22	651522	192.77	194	1.23	0.526
Total Overall Zone				15.46		0.65

Assays Results from KL13-23 include:

Hole Number	Sample Number	From (m)	To (m)	Interval (m)	Gold (g/tonne)	Gold Check Assay (g/tonne)
KL13-23	651629	253	254	1	0.218
KL13-23	651630	254	255	1	0.410
KL13-23	651631	255	256	1	0.225
KL13-23	651632	256	257	1	>10.0	25.5
KL13-23	651633	257	258	1	0.239
KL13-23	651634	258	259	1	0.561
KL13-23	651635	259	260	1	0.892
KL13-23	651636	260	261	1	1.97
KL13-23	651637	261	262	1	0.089
KL13-23	651638	262	263	1	0.065
KL13-23	651639	263	264	1	0.089
KL13-23	651640	264	265	1	0.084
KL13-23	651641	265	266	1	0.177
KL13-23	651642	266	266.94	0.94	0.132
KL13-23	651643	266.94	268	1.06	0.135
KL13-23	651645	268	268.87	0.87	0.094
KL13-23	651646	268.87	269.47	0.6	0.211
KL13-23	651647	269.47	270.48	1.01	0.136
Total Overall Zone				17.48		1.78

All assay results are uncut. All the assay results and sub-intervals summarized in the table above have a bottom cut-off of 0.05 g/tonne of gold. All assay results greater than 3 g/tonne have been re-assayed. Average grades presented are shown as weighted averages. True width is estimated to be 66 % of the sample width.

Results from holes KL13-22 and KL13-23 are comparable in mineralization to the results previously announced in Hole KL12-14 of 10.30 g/t Au over 0.84m within a wide anomalous gold zone of 0.825 g/t Au over 30m.

The new Gold Zone is now believed to be extensive based on mineralization visible in Hole KL13-24, 120m east and 350m down plunge of hole KL12-01. Further discussions detailing the mineralization in Hole KL13-24 and the relationship between this hole and the New Gold Zone will be presented once assays have been completed.

Giyani Gold and their state owned partner, Corridor Mining Resources, share all exploration expenditures on the Klein Letaba property on an equal basis.

As part of Giyani Gold's Quality Assurance and Quality Control procedures (QA/QC), all intervals exceeding 3 grams Au have been re-assayed. In addition, systematic re-assaying of intervals is conducted to confirm the compliance of blanks and duplicate checks. Giyani Gold's QA/QC includes the insertion and continual monitoring of numerous standards and blanks are duplicated into the sample stream every 50m.

Cross sections and correlations between these holes and other holes will be published once assays from other holes are reported. Any future resource calculations will be calculated from compliant intervals, and if there is any material variation from the reported intervals on a hole by hole basis, then Giyani Gold will report this in subsequent releases, but it is of the opinion of Giyani Gold that any variations are unlikely to be material.

In Giyani Gold's drill programs composite intervals are chosen using a combination of geological criteria and mineralization, averaging approximately 1 meter core length. The drill core is logged and then is cut in half by Giyani Gold technicians at a secure core shack facility near the historic Klein Letaba mine with guarded and controlled access to the site. One half of the core samples are then sent by secure courier to Johannesburg to ALS Chemex Johannesburg ("ALS") . All drill samples are prepared and screened by ALS and are assayed using fire assay and multi-element ICP-MS by ALS. ALS also performs internal QA/QC.

The remaining half of the drill core is kept at Giyani Gold's secure core shack for future assay verification or any other investigation. Intervals below a bottom cut-off grade of 0.05 g/tonne Au are calculated at zero gold.

Assaying is done on a 30 gram pulp generated from split NQ core using fire assay extraction and an AA finish. High grade samples are done with a gravimetric finish. Any gold values over 3.0 g/tonne were re-assayed and completed with a gravimetric finish.

Robert S. Middleton, P.Eng., VP of Exploration for Giyani Gold is responsible for the drilling program including the core logging, sampling of the drill core and assay procedures and QA/QC measures. In addition, Mr. Middleton is the Qualified Person for Giyani Gold Corp. under the rules of the TSXV, and has reviewed the contents of this news release and approved it.

Additional information and corporate documents may be found on www.sedar.com and the Giyani Gold website, www.giyanigold.com.

Neither the 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 news release.

On behalf of the Board of
Giyani Gold Corp.
"Duane Parnham"
Executive Chairman

Duane Parnham acquires shares of Giyani Gold Corp.

Tue, 12 Mar 2013 11:19:00 -0400

OAKVILLE, ON, March 12, 2013 /CNW/ - Duane Parnham has acquired, in the aggregate, 5,541,907 common shares (the "Shares") in the capital of Giyani Gold Corp. ("Giyani" or the "Company"). Subsequent to the filing of Mr. Parnham's early warning report dated September 28, 2012, and as a result of treasury issuances of shares by the Company on October 26, 2012, Mr. Parnham's percentage ownership of outstanding shares of the Company decreased to 9.52%. As a result of a series of acquisitions from September 28, 2012 to March 8, 2013 an additional 523,484 common shares were acquired, increasing Mr. Parnham's percentage ownership of outstanding shares of the Company from 9.52% to 10.22%. The additional Shares were acquired on the open market through the facilities of the TSX Venture Exchange at an average purchase price of $0.88 per common share.

Mr. Parnham acquired the Shares for investment purposes, and may acquire additional Giyani securities in the future or dispose of his existing Giyani 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's profile at www.sedar.com. 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.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Duane Parnham
c/o Giyani Gold Corp.
277 Lakeshore Road East
Suite 403
Oakville, Ontario L6J 6J3

905-844-1456

Giyani Gold Corp. and C Level III Inc. Announce Details of Concurrent Financings in Connection With Qualifying Transaction

Fri, 01 Mar 2013 16:35:00 -0500

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES./

TORONTO, March 1, 2013 /CNW/ - Further to the press release issued on February 4, 2013, Giyani Gold Corp. (TSXV: WDG) ("Giyani Gold") and C Level III Inc. (TSXV: CLV.P) ("C Level"), a capital pool company under the policies of the TSX Venture Exchange Inc. (the "TSXV"), are pleased to announce the details of two concurrent financings (the "Offering") to be carried out in connection with C Level's qualifying transaction in accordance with the policies of the TSXV (the "Qualifying Transaction"). Pursuant to the Qualifying Transaction, C Level will acquire all of the issued and outstanding common shares of 2299895 Ontario Inc. ("OntarioCo"), a majority owned subsidiary of Giyani Gold, and subject to TSXV approval, the resulting issuer (the "Resulting Issuer") will be listed on the TSXV.

The proposed Offering will consist of private placements by C Level (the "C Level Private Placement") and OntarioCo (the "OntarioCo Private Placement") for combined gross proceeds of a minimum of $2-million up to a maximum of $4-million.

The C Level Private Placement will include a combination of subscription receipts for C Level common shares (the "C Level Subscription Receipts") at a price of $0.20 per C Level Subscription Receipt and subscription receipts for C Level common shares issued on a "flow-through" basis (the "FT Subscription Receipts") at a price of $0.25 per FT Subscription Receipt. Upon completion of the Qualifying Transaction, each C Level Subscription Receipt will automatically convert into one common share of the Resulting Issuer (a "Resulting Issuer Share") and each FT Subscription Receipt will automatically convert into one flow-through common share of the Resulting Issuer.

The OntarioCo Private Placement will consist of subscription receipts for OntarioCo common shares (the "OntarioCo Subscription Receipts") at a price of $1.00 per OntarioCo Subscription Receipt. Upon completion of the Qualifying Transaction, each OntarioCo Subscription Receipt will automatically convert into five Resulting Issuer Shares.

The Offering will be led by Portfolio Strategies Securities Inc. (the "Agent"). The Agent will receive a cash commission and broker warrants (the "Broker Warrants") each equal to 7% of the gross proceeds directly raised by the Agent pursuant to the Offering (or 2% of the gross proceeds directly raised by the Agent from retail investors connected to principals of C Level or OntarioCo). Each Broker Warrant will be exercisable to acquire one Resulting Issuer Share at a price of $0.20 per Resulting Issuer Share for a period of 12 months following the closing of the Qualifying Transaction.

The C Level Private Placement remains subject to TSXV approval. No subscriptions for the C Level Subscription Receipts or the FT Subscription Receipts will be accepted from prospective investors unless and until such approval is received. Accordingly, an alternative structure for the Offering may be pursued should it be deemed necessary by C Level, OntarioCo, and/or the Agent. In accordance with the policies of the TSXV, the gross proceeds from the Offering will be held in escrow until completion of the Qualifying Transaction.

The Transaction

Pursuant to the Qualifying Transaction, C Level will acquire all of the issued and outstanding common shares of OntarioCo in exchange for approximately 24,605,265 Resulting Issuer Shares, issued at a price of $0.20 per Resulting Issuer Share, representing a deemed value of $4,921,053 (subject to change, based on the aggregate gross proceeds raised pursuant to the OntarioCo Private Placement). OntarioCo owns the Canadian portfolio of mining properties held by Giyani Gold. The Abbie Lake-Keating Gold Project is the most significant of the mining properties held by OntarioCo along with the Skead gold property and the Baska-Eldorado rare earth elements property. Upon completion of the Qualifying Transaction, Giyani Gold will become the majority shareholder of the Resulting Issuer, which will continue to operate and expand the Canadian mining exploration activities of OntarioCo, independent of Giyani Gold. Giyani Gold will thereafter be purely focused on corporate activities relating to the Giyani Gold Project in South Africa.

It is anticipated that the Qualifying Transaction will be carried out by means of an amalgamation agreement pursuant to which OntarioCo will amalgamate with a wholly-owned subsidiary of C Level, the whole of which remains subject to TSXV approval and certain closing conditions, including receipt of necessary shareholder approvals.

About Giyani Gold and OntarioCo

Giyani Gold is an Africa focused exploration company with gold assets in the Limpopo province of South Africa. Giyani Gold's Canadian properties, the Abbie Lake-Keating and Skead gold properties and the Baska Eldorado rare earth elements property, are held through OntarioCo, which will be acquired by C Level as part of the Qualifying Transaction. The flagship asset of OntarioCo is the Abbie Lake-Keating gold property located on similar geology and in close proximity to producing gold mines near White River, Ontario. A potential gold bearing structure called the Iron Lake Deformation Zone (the "ILDZ") spans 27 km through the Abbie Lake-Keating property. An exploration program comprised of geophysics and drilling focused on the ILDZ was conducted on the property in 2012 and new drilling targets on the eastern extension of the ILDZ have been identified for the upcoming 2013 drill program.

About C Level

C Level is a capital pool company with its registered and head office in Toronto, Ontario. The company currently has 5,004,343 common shares issued and outstanding. In accordance with TSXV policy, trading of C Level common shares has been halted and it is not expected to resume until the closing of the Qualifying Transaction.

Sponsorship

Sponsorship of a qualifying transaction of a capital pool company is required by the TSXV unless exempt in accordance with TSXV policies. C Level is currently reviewing the requirements for sponsorship and may apply for an exemption from the sponsorship requirements pursuant to the policies of the TSXV; however, there is no assurance that C Level will ultimately obtain this exemption. C Level intends to include any additional information regarding sponsorship in a subsequent press release.

Completion of the transaction is subject to a number of conditions, including but not limited to, TSXV acceptance and, if applicable, pursuant to the requirements of the TSXV, majority of the minority shareholder approval. Where applicable, the transaction cannot close until the required shareholder approval is obtained. There can be no assurance that the transaction will be completed as proposed or at all.

Investors are cautioned that, except as disclosed in the management information circular or filing statement to be prepared in connection with the transaction, any information released or received with respect to the transaction may not be accurate or complete and should not be relied upon. Trading in the securities of a capital pool company should be considered highly speculative.

The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

NEITHER THE 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.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to: the terms and conditions of the proposed Transaction; the terms and conditions of the proposed Offering; future exploration and testing; use of funds; and the business and operations of the Resulting Issuer after the proposed transaction. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; delay or failure to receive board, shareholder or regulatory approvals; and the results of current exploration and testing. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Parties disclaim 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 required by law.

Jean-François Pelland, Director
C Level III Inc.
Tel: (514) 984-4431
jean-francois.pelland@mcmillan.ca

R. Charles Allen, President
Giyani Gold Corp.
Tel: (905) 844-1456 ext. 223
callen@giyanigold.com

Giyani Gold Confirms and Expands New Gold Discovery

Wed, 27 Feb 2013 09:05:00 -0500

OAKVILLE, ON, Feb. 27, 2013 /CNW/ - Giyani Gold Corp. (TSXV: WDG) ("Giyani Gold") is pleased to announce that the first hole drilled as part of their 2013 drilling program confirms and expands a New Gold Zone ("New Gold Zone") located on Giyani Gold's Klein Letaba property in South Africa.

Hole KL13-21 intersected significant gold values of 6.92 g/t Au over 8.87 m, including 9.6 g/t Au over 5.02 m, expanding the New Gold Zone discovery initially made in September, 2012 by hole KL12-01 (13.16 g/t Au over 15.1 m).

Two additional holes (assays pending) have been drilled above and below holes KL12-01 and KL13-21 and show similar characteristics in mineralization to the aforementioned holes. All drilling was conducted at shallow depths (less than 200m) and the New Gold Zone remains open to depth, up plunge and to the west.

The results of KL13-21 are summarized in the following table:

Depth		Sample	Au-AA23	Au-AA23	Au-GRA21
From (m)	To (m)	Length	Au (g/t)	Au Check (g/t)	Au (g/t)
174.81	175.81	1.00	>10.0	12.5
175.81	176.84	1.03	>10.0	9.97
176.84	177.86	1.02	7.95	9.31	8.99
177.86	178.82	0.96	1.67
178.82	179.83	1.01	>10.0	14.2
179.83	180.76	0.93	0.379
180.76	181.76	1.00	0.077
181.76	182.76	1.00	>10.0	11.45
182.76	183.78	1.02	1.92

213.93	214.93	1.00	5.56
214.93	215.62	0.69	2.17

The New Gold Zone consists of silicification with flanking sulphide mineralization and quartz development with sulphides, hosted in garnet bearing basalts that are metamorphosed to amphibolite facies. The New Gold Zone occurs at the contact of the basalts and an intermediate fragmental volcanic unit. Hole KL12-01 intersected the New Gold Zone 187m vertically below surface, and in hole KL13-21 this intersection begins 36m up plunge from Hole KL12-01, or approximately 153 m vertically below surface.

Further drilling will be designed to expand and trace the New Gold Zone in a resource category.

Cross sections and correlations between this hole and other holes will be published once assays from other holes are reported. Any future resource calculations will be calculated from compliant intervals, and if there is any material variation from the reported intervals on a hole by hole basis, then Giyani Gold will report this in subsequent releases, but it is of the opinion of Giyani Gold that any variations are unlikely to be material.

Additional information and corporate documents may be found on www.sedar.com and the Giyani Gold website, www.giyanigold.com.

Giyani Gold Corp. Renews Investor Relations Agreement

Thu, 14 Feb 2013 10:33:00 -0500

OAKVILLE, ON, Feb. 14, 2013 /CNW/ - Giyani Gold Corp. (TSXV:WDG) ("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.

Giyani Gold Corp., C Level III Inc. and two Manitoba companies enter into a conditional agreement

Mon, 04 Feb 2013 09:10:00 -0500

TORONTO, Feb. 4, 2013 /CNW/ - Giyani Gold Corp. (TSXV: WDG) ("Giyani Gold"), C Level III Inc. (TSXV: CLV.P) ("C Level"), a capital pool company under the policies of the TSX Venture Exchange Inc. (the "TSXV"), 6413251 Manitoba Ltd. ("ManitobaCo") and Canada Bay Resources Ltd. ("Canada Bay") are pleased to announce a conditional agreement (the "Agreement") by which Giyani Gold, through its subsidiary 2299895 Ontario Inc. ("OntarioCo"), will transfer their Canadian mining exploration properties for common shares of C Level. As part of the Agreement, C Level will also acquire the shares of Manitoba based ManitobaCo and certain assets of Canada Bay in exchange for common shares of C Level. Greater details relating to the Agreement are outlined in the Transaction below.

As a result of the proposed transactions, Giyani Gold will become the majority shareholder of C Level. C Level will continue to operate and expand the Canadian mining exploration activities independent of Giyani Gold. Giyani Gold will thereafter be purely focused on corporate activities relating to the Giyani Gold Project in South Africa. The proposed acquisition of Giyani Gold's Canadian properties by C Level will constitute the qualifying transaction of C Level in accordance with the policies of the TSXV. The Agreement was negotiated at arm's length and is effective as of the date hereof.

Duane Parnham, Executive Chairman of Giyani Gold, stated that: "This is a very exciting strategic transaction that unlocks considerable shareholder value and strengthens the Giyani Gold balance sheet while positioning us to participate and fully benefit in any future discoveries made on these Canadian properties". Mr. Parnham added: "Although our management team will assist in the new company's growth profile, the Transaction allows Giyani Gold to focus all its efforts into building a premier gold development company through methodical corporate development and the exploration of our excellent land package assembled in South Africa."

It is expected that the Board of directors of the Resulting Issuer will be comprised of Duane Parnham, Scott Kelly, Ed Guimares, Donald Gibb, and Jean-François Pelland and that the management of the Resulting Issuer will initially be comprised of certain current senior officers of Giyani Gold, including R. Charles (Chuck) Allen as President.

A proposed technical team with expertise and experience in gold exploration will be comprised of Doug Fogwill and Susan Butorac with Robert S. Middleton, Dr. Roy Shegelski and Dr. Howard Poulsen acting as technical advisors.

The Transaction
Under the Agreement, C Level is to acquire all of the issued and outstanding common shares of OntarioCo in exchange for approximately 24,605,265 common shares of C Level, issued at a price of $0.20 per common share. OntarioCo owns the Canadian portfolio of mining properties held by Giyani Gold. The Abbie Lake-Keating Gold Project is the most significant of the mining properties held by OntarioCo along with the Skead gold property and the Baska-Eldorado rare earth elements property. C Level will acquire the shares of ManitobaCo as well as certain assets of Canada Bay in exchange for approximately 8,000,000 common shares of C Level, also issued at a price of $0.20 per common share. ManitobaCo and Canada Bay are the owners of gold exploration properties in the Rice Lake Gold Belt of Manitoba and the Silverleaf rare earth elements property located in southern Manitoba. All parties to this Agreement are arm's length parties. In addition, the shareholders of OntarioCo, ManitobaCo and Canada Bay are arm's length parties to C Level. C Level currently has 5,004,343 outstanding shares.

A concurrent $2-4 million financing ("the Offering") is proposed in order for the Resulting Issuer to meet the TSXV listing requirements, and to generate the general operating funds necessary to immediately commence with exploration programs including drilling at the Abbie Lake-Keating Gold Project. Insiders of Giyani Gold will be participating in the Offering, and due to the participation of certain insiders, the Offering may qualify as a "related party transaction" pursuant to the rules of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). C Level is relying on exemptions from both the formal valuation and minority approval requirements of MI 61-101 based on the exemption for the fair market value of the Offering being not more than 25% of the market capitalization of the Resulting Issuer.

The Agreement is to be superseded by a definitive merger, amalgamation, and/or share exchange agreement (the "Definitive Agreement") and remains subject to TSXV approval and certain closing conditions, including approval by the directors of each of the Parties, necessary shareholder approvals, and the obligation of OntarioCo to fund certain costs and expenses of ManitobaCo and Canada Bay. The legal structure for the Transaction will be confirmed after the parties have considered all applicable tax, securities law and accounting efficiencies.

About Giyani Gold and OntarioCo
Giyani Gold is an Africa focused exploration company with gold assets in the Limpopo province of South Africa. As it relates to this Transaction, Giyani Gold's Canadian properties held through its subsidiary OntarioCo being the Abbie Lake-Keating and Skead gold properties and the Baska Eldorado rare earth elements property will be exchanged for common shares in the Resulting Issuer. The flagship asset of OntarioCo is the Abbie Lake-Keating gold property located on similar geology and in close proximity to producing gold mines near White River, Ontario. A potential gold bearing structure called the Iron Lake Deformation Zone ("ILDZ") spans 27km through the Abbie Lake-Keating property. An exploration program comprised of geophysics and drilling focused on the ILDZ was conducted on the property in 2012 and new drilling targets on the eastern extension of the ILDZ have been identified for the upcoming 2013 drill program.

About ManitobaCo and Canada Bay
ManitobaCo and Canada Bay are private Canadian companies focused primarily on gold exploration in the Rice Lake Gold Belt of Manitoba in close proximity to San Gold's newly constructed mine. They will contribute to the Transaction their flagship gold exploration properties located in the Rice Lake Gold Belt, as well as the Silverleaf rare earth elements property in Southern Manitoba. The Rice Lake Gold Belt has over 1.7 million oz of historically reported gold production and the properties being transferred by Canada Bay and ManitobaCo for the Transaction are strategically located in underexplored and former producing areas of this belt.

About C Level
C Level is a capital pool company with its registered and head office in Toronto, Ontario and intends for this Transaction to constitute its "Qualifying Transaction" as such term is defined in the policies of the TSXV. As of the date hereof, C Level has 5,004,343 common shares. The trading on the common shares of C Level has been halted in consideration of the issuance of this press release and it is anticipated that trading will not resume until the closing of the Qualifying Transaction or the termination of the Agreement.

Sponsorship
Sponsorship of a qualifying transaction of a capital pool company is required by the TSXV unless exempt in accordance with TSXV policies. C Level is currently reviewing the requirements for sponsorship and may apply for an exemption from the sponsorship requirements pursuant to the policies of the TSXV, however, there is no assurance that C Level will ultimately obtain this exemption. C Level intends to include any additional information regarding sponsorship in a subsequent press release.

The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

Jean-François Pelland, Director
C Level III Inc.
Tel: (514) 984-4431
jean-francois.pelland@mcmillan.ca

R. Charles Allen, President
Giyani Gold Corp.
Tel: (905) 844-1456 ext. 223
callen@giyanigold.com

Don Gibb, President and CEO
Canada Bay Resources Ltd.
Tel: (204) 275-3216
dgibb@canadabayresources.com

Giyani Gold Corp. Announces New Drilling Program to Commence Immediately

Mon, 28 Jan 2013 10:47:00 -0500

OAKVILLE, ON, Jan. 28, 2013 /CNW/ - Giyani Gold Corp. ("Giyani Gold") (TSXV: WDG) is pleased to announce that a new $1.2 Million dollar drilling program, which is only a portion of a larger drilling budget approved by the Rock Island Board of Directors, will commence immediately at its Klein Letaba-Frankie property in Giyani, South Africa. All exploration expenditures relating to the 2013 budget are to be shared equally with Corridor Mining Resources (Pty) Ltd. our state-owned partner on the project. Drilling will resume near the historic Klein Letaba mine where Giyani Gold identified two areas of interest from their 2012 drill program.

Giyani Gold's drilling program will start by drilling a series of step out holes surrounding Hole KL-01 (13.162 g/tonne Au over 15.1m) where a new gold zone was discovered (see News Release, September 7, 2012). This drilling activity is expected to trace this new gold zone and marks the beginning of a drilling campaign designed to identify a gold resource in the area of the historic Klein Letaba mine.

Giyani Gold is also working to identify a series of 5 historically mined gold veins down plunge from the original mine workings of the Klein Letaba Mine. Giyani Gold's geological team strongly believes that a fault offset has moved these veins to a lower block of untested gold mineralization and Giyani Gold will be drilling a 600m-650m hole attempting to locate this fault offset and to rediscover these 5 gold veins.

Mr. Robert S. Middleton, Giyani Gold's Vice President of Exploration commented: "These are the most exciting targets we've discovered to date. Our 2012 drill program has confirmed that we have high grade gold veins on our Klein Letaba property and our 2013 drill program aims to better define these veins as we continue to work towards our goal of building a resource."

Further announcements surrounding Giyani Gold's 2013 drill program will be announced shortly.

Luke Vigeant, Head of Communications
Giyani Gold Corp.
Tel: 1.905.844.1456 X237
Email: lvigeant@giyanigold.com

Chuck Allen, President
Giyani Gold Corp.
Tel: 1.905.844.1456 X223
Email: callen@giyanigold.com