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Giyani Gold Corp.: Stock Option Grant Correction

/ -- OAKVILLE, ONTARIO -- (Marketwired) -- 08/03/16 -- Giyani Gold Corp. (TSX VENTURE: WDG) ("Giyani") wishes to correct the number of stock options as per press release of the same day to 650,000 stock options granted exercisable at $0.305 per share in accordance with the company's stock option plan. The options have a five year term and vest immediately.

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 Directors of Giyani Gold Corp. 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 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's management on the date the statements are made. Except as required by law, Giyani undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

Giyani Gold Corp.
Duane Parnham
Executive Chairman
1.289 837 0066