Giyani Metals Corp. provided an update on the installation of the crystallization unit at its demonstration plant (" Demo Plant") facility in Johannesburg and other activities. Highlights.

Crystallization unit successfully installed at the Demo Plant facility. Comments received from Botswana's Department of Environmental Affairs ("DEA") on the K.Hill Environmental Impact Statement ("EIS") submitted in March 2023. Updated Mineral Resource Estimate ("MRE") for K.Hill being finalized.

Installation of Crystallization Unit. Following the completion of the civil works at the Demo Plant facility, the crystallization unit, which stands 15 meters ("m") tall, has been installed. The unit comprises two crystallizers and an evaporator which, once commissioned, will be capable of producing up to 600 kg of dry high-purity manganese sulphate monohydrate ("HPMSM") crystals per day.

The crystallization unit serves as a core component of the Demo Plant, which has been established to validate the process flowsheet, mitigate risks associated with the scaling up of the commercial plant at K.Hill and facilitate off-take contracts. The design emulates the continuous process of the proposed full-scale K.Hill commercial plant, enabling the steady state production of HPMSM crystals that meet the rigorous product specifications set by potential off-takers. EIS Update.

Following the submission of the EIS on March 31, 2023, Giyani's wholly-owned subsidiary, Menzi Battery Metals (Pty) Limited (" Menzi"), has received formal comments from the DEA as part of the Environmental Impact Assessment ("EIA") process. The Company has reviewed the comments and will submit responses in the coming days. Under legislation, the DEA will have 14 working days to provide any further comments and once all comments are addressed to the satisfaction of the DEA, the EIS will be made available for public disclosure.

The EIA process will culminate in the issue of an Environmental Authorisation by the DEA, which will enable the Company to apply for a Mining Licence for K.Hill from the Botswana Department of Mines.