Mr. Mark Jarvis reports

GIGA METALS ANNOUNCES OVERNIGHT MARKETED OFFERING

Giga Metals Corp. is undertaking an overnight marketed public offering of units of the company for anticipated gross proceeds of up to $5-million and a public offering of flow-through (FT) units of the company for anticipated gross proceeds of up to $2.5-million. The offering is expected to be completed pursuant to an underwriting agreement to be entered into between the company and Cantor Fitzgerald Canada Corp., as lead underwriter and sole bookrunner, and a syndicate of underwriters including Canaccord Genuity Corp., Haywood Securities Inc. and Echelon Wealth Partners Inc.

The number of offered units and flow-through units to be sold, the unit offering price and the flow-through offering price, and the terms of the offered units and flow-through units will be determined in the course of marketing, and there can be no assurance as to completion of the offering. In addition, the company will grant the underwriters an overallotment option, exercisable, in whole or in part, in the sole discretion of the underwriters, to purchase up to an additional 15 per cent of the number of units sold in the offering for up to 30 days after the closing, on the same terms and conditions as the offering.

The company will pay the underwriters a cash commission equal to 6.5 per cent of the gross proceeds of the offering, including proceeds received from the exercise of the overallotment option, in addition to broker warrants to purchase up to 6.5 per cent of the number of offered units, including the offered units from the exercise of the overallotment option sold in the offering. Each broker warrant shall entitle the underwriters to purchase one unit having the same terms as the offered unit at the issue price at any time on or before the date on which the warrants issued under the offering are set to expire.

The offered units will be offered by way of a short form prospectus in Canada in the provinces of Ontario, British Columbia and Alberta, and in the United States under a private placement. The offered units will not be offered or sold in the United States or to U.S. persons except under Rule 144A or Regulation D, or in such other manner as to not require registration under the United States Securities Act of 1933, as amended. The offered units may also be offered in those jurisdictions outside of Canada and the United States as agreed to by the company and the underwriters provided that no prospectus filing or comparable obligation arises and the company does not thereafter become subject to continuous disclosure obligations in such jurisdictions.

The offering will be subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange, for the listing of the common shares and warrants underlying the units.

Anticipated uses of the proceeds of the offering will be used for exploration expenditures at the company's Turnagain project in British Columbia.

The preliminary short form prospectus is available on SEDAR. Alternatively, a written prospectus relating to the offering may be obtained upon request by contacting the company or Cantor Fitzgerald Canada Corp. in Canada, attention Equity Capital Markets, 181 University Ave., Suite 1500, Toronto, Ont., M5H 3M7, e-mail at ecmcanada@cantor.com.

About Giga Metals Corp.

Giga Metals is focused on metals critical to modern batteries, especially those used in electric vehicles and energy storage. The company's core asset is the Turnagain project, located in Northern British Columbia, which contains one of the few significant undeveloped sulphide nickel and cobalt resources in the world.

Giga Metals is also exploring for copper, another critical battery metal, in Brazil.

We seek Safe Harbor.