08:55:48 EDT Fri 09 May 2025
Enter Symbol
or Name
USA
CA



Giga Metals Corp
Symbol GIGA
Shares Issued 105,587,461
Close 2025-03-19 C$ 0.115
Market Cap C$ 12,142,558
Recent Sedar Documents

Giga Metals arranges $500,000 private placement

2025-03-19 17:58 ET - News Release

Mr. Mark Jarvis reports

GIGA METALS ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

Giga Metals Corp. intends to complete a non-brokered private placement of up to five million units at a price of 10 cents per unit to raise gross proceeds of up to $500,000.

Each unit will consist of one common share of the company and one common share purchase warrant. Each warrant will entitle the holder thereof to purchase one common share of the company for a period of three years following the closing of the private placement at an exercise price of 15 cents per warrant share.

The company plans to use the net proceeds of the private placement for general corporate purposes and working capital. Finders' fees and finders' warrants may be issued on a portion of the private placement. Completion of the private placement is subject to certain conditions, including the receipt of the approval of the TSX Venture Exchange.

About Giga Metals Corp.

Giga Metals' 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. Turnagain is held in Hard Creek Nickel, a subsidiary owned 85 per cent by Giga Metals and 15 per cent by Mitsubishi Corp. The prefeasibility study was released in October, 2023.

We seek Safe Harbor.

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