Giyani Gold Extends Period of Exclusivity with Private Energy Company

OAKVILLE, ON, July 31, 2014 /CNW/ - Giyani Gold Corp. (TSXV: WDG, JSE: GIY) ("Giyani Gold") today announced that, further to its press release dated June 16, 2014, it remains in exclusive negotiations with a private international energy company (the "EnergyCo") and that the period of exclusivity has been extended to August 15, 2014.  The complete terms and conditions for a potential transaction between Giyani Gold and EnergyCo continue to be discussed as both parties work towards finalizing an agreement.

Neither the TSX Venture Exchange Inc. 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.

On behalf of the Board of Directors of Giyani Gold Corp.
(signed) "Duane Parnham"
Duane Parnham, Executive Chairman

Forward Looking Statements
This news release contains certain statements that may be deemed "forward-looking statements". Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Giyani Gold believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of Giyani Gold's management on the date the statements are made. Except as required by law, Giyani Gold undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

SOURCE: Giyani Gold Corp.

Investor Contact, Luke Vigeant, Head of Communications, Giyani Gold Corp., Tel: [phone] X237, Email: [email protected]