
Giyani Metals Corp (TSX-V:EMM, OTC:CATPF, FRA:KT9) interim executive chair Nigel Robinson talked with Proactive's Stephen Gunnion about recent additional funding secured from the Industrial Development Corporation (IDC) and what it means for the company’s development plans. Robinson explained that the IDC is a key stakeholder, having invested approximately $23 million as part of a broader $37 million funding package in early 2024. This latest extension of funding is being used to support further work at the company’s demonstration plant, which plays a critical role in refining process flows and improving operational understanding ahead of commercial production. He said the funding allows the company to “extend the life of the demonstration plant, do more testing, provide more product, and also… get more knowledge about the processes that will incorporate into the actual commercial plant.” The demonstration plant is central to de-risking the project, enabling Giyani to move beyon...
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