Mr. Mark Jarvis reports
ROBERT MORRIS APPOINTED TO BOARD OF DIRECTORS
Giga Metals Corp. has appointed Robert Morris, a former senior executive with Vale SA, the largest nickel producer
in the world, to the board of directors of Giga Metals.
"This is an extremely strong addition to the board of Giga Metals," commented Mark Jarvis, chief executive officer of Giga Metals.
"Robert's most recent position with Vale was executive vice-president with global
accountability for sales and marketing of Vale's base metals portfolio, including nickel,
copper, cobalt and precious metals, responsible for annual sales in excess of $5-billion (U.S.). He was an officer of the company and member of the senior management
committee. His knowledge of the rapidly evolving market for nickel and cobalt products
is without peer."
"Giga Metals is a very interesting company," commented Mr. Morris. "The Turnagain project has
scale similar to other large greenfields nickel projects in the world and I think it can
compete very well with the giant HPAL projects for development dollars during the current
market cycle. I am excited about getting involved with this management team and this
board to help advance the project and advise on marketing the high-quality concentrates
the project is capable of producing."
Mr. Morris has extensive experience with several companies in managing sales of specialty
metals and chemicals, which includes marketing battery materials to battery manufacturers.
Prior to joining Vale, Mr. Morris was the managing director of greater China at Umicore Marketing
Services, where he was accountable for the company's regional business development, trading,
distribution and agency activities. He also worked directly with Umicore business units
on M&A (merger and acquisition) activities in the region.
Mr. Morris lived in Tokyo from 2007 to 2012. During that time, he was the president and a representative director of
Vale Japan Ltd., where he managed assets with an annual turnover of $850-million (U.S.). He was also mandated to integrate, expand and streamline the company's
operations in Japan, including a 60,000-tonne nickel refinery in Mie prefecture as well as a sales
and marketing office in Tokyo.
Jon Hykawy resigns from board of directors, joins advisory board
Mr. Hykawy has resigned from the board of directors of Giga Metals and joined the
advisory board of the company.
"I want to thank Jon for his service as a board member," commented Mr. Jarvis. "We look forward
to continuing to have access to his knowledge about battery material supply chains in his
capacity as a member of our advisory board."
About Giga Metals' Turnagain nickel-cobalt project
The Turnagain project hosts the Horsetrail nickel-cobalt deposit, a significant undeveloped nickel-cobalt sulphide deposit, located in British Columbia, Canada.
Engineering and metallurgical studies are under way, with an objective of producing a prefeasibility study by the end of 2019. Extensive metallurgical work indicates a clean concentrate grading 18 per cent nickel and 1 per cent cobalt is reliably achievable using simple off-the-shelf processing technology.
The Turnagain project covers a large, relatively underexplored land package prospective for additional ultramafic-hosted nickel-cobalt discoveries. Turnagain is one of the few projects in a stable jurisdiction that can potentially deliver large quantities of nickel and cobalt to meet the growing needs of the electric vehicle and energy storage markets at a time when many research analysts are projecting there will be shortages in the cobalt and nickel required by battery manufacturers.
Grant of incentive stock options
Pursuant to its stock option plan, which was approved by the TSX
Venture Exchange, the company will be granting 300,000 stock options to a director. The options are
exercisable at 35 cents per share and expire on Jan. 23, 2024.
We seek Safe Harbor.
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