08:03 AM EDT, 09/30/2024 (MT Newswires) -- Giyani Metals ( CATPF ) said Monday that CEO Charles FitzRoy and CFO Eugene Lee acquired shares in the company.

FitzRoy purchased 86,200 ordinary shares at an average price of $0.091 apiece to acquire a 0.03% stake in the company.

Lee purchased 100,000 ordinary shares at an average price of $0.101. Those shares coupled with previous purchases leaves him with a 0.71% stake in Giyani.

Giyani is developing the K.Hill manganese project in Botswana.

"This purchase reflects my confidence that the company will continue to deliver on key objectives to become a leading producer of high-purity, low carbon footprint battery-grade manganese," FitzRoy said.

Giyani's share price jumped 24% on Friday to $0.105 on the TSXV.