Mr. Mark Jarvis reports
GIGA METALS ANNOUNCES PROPOSED DEBT SETTLEMENT
Giga Metals Corp. is proposing to settle an aggregate of approximately $63,250 in debt through the issuance of common shares to be issued at a deemed price of 10 cents per common share. Of the liabilities proposed to be settled in shares, $25,000 is payable to a former officer for management services rendered. The balance is payable to arm's-length parties. The completion of the debt settlement remains subject to the finalization of definitive documentation and the approval of the TSX Venture Exchange.
About Giga Metals Corp.
Giga Metals'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. Turnagain is held in Hard Creek Nickel, a subsidiary owned jointly by Giga Metals and Mitsubishi Corp. The prefeasibility study was released in October, 2023.
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