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Giga Metals Corp V.GIGA

Alternate Symbol(s):  GIGGF | V.GIGA.WT.A

Giga Metals Corporation is a Canada-based company, which is engaged in the acquisition and exploration of mineral properties in Canada. The Company’s core asset is the Turnagain Project, located in northern British Columbia, which contains one of the few undeveloped sulfide nickel and cobalt resources. The Company has an 85% interest in Hard Creek, which itself has a 100% interest in the Turnagain Nickel Cobalt Project located in the Liard Mining Division in northern British Columbia, approximately 65 km east of Dease Lake. The Turnagain Nickel-Cobalt Project has over 73 mineral claims with a total area of approximately 39,848 ha. It hosts the Horsetrail nickel-cobalt deposit. The Turnagain Nickel property covers the known extent of a zoned, Alaskan-type ultramafic intrusive complex in fault contact with Paleozoic to Early Mesozoic graphitic sedimentary rocks along its northern and eastern margins.


TSXV:GIGA - Post by User

Post by Betteryear2on Feb 18, 2022 11:50am
324 Views
Post# 34442092

Giga Metals Announces Listing of Warrants on the TSXV

Giga Metals Announces Listing of Warrants on the TSXV

Vancouver, British Columbia--(Newsfile Corp. - February 18, 2022) - Giga Metals Corp. (TSXV: GIGA) (OTCQX: HNCKF) ("Giga Metals" or the "Company") announces today that the TSX Venture Exchange (the "TSXV") has accepted for listing up to 12,535,000 common share purchase warrants of the Company (the "Warrants"), of which 12,075,700 Warrants are issued and outstanding, for trading on the TSXV. The 12,075,700 Warrants were previously issued on February 8, 2022 in connection with an overnight marketed public offering of units (the "Offering"). For more information about the Offering, please see the Company's press release dated February 8, 2022, which is available under the Company's SEDAR profile at www.sedar.com.

Each Warrant entitles the holder to purchase one common share in the capital of the Company at a price of $0.45 until February 8, 2025. The Warrants are governed by the terms of a Warrant Indenture (the "Warrant Indenture") dated February 8, 2022 between the Company and Computershare Trust Company of Canada as warrant agent, a copy of which is available under the Company's SEDAR profile at www.sedar.com. For further details regarding the Warrants, please refer to the Warrant Indenture.

The Warrants are expected to commence trading on the TSXV at the open of markets on February 23, 2022 under the trading symbol "GIGA.WT.A". The CUSIP number of the Warrants is 37518K128.

About Giga Metals Corporation

Giga Metals Corporation 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. The Company is also exploring for sediment hosted copper deposits in Brazil.

www.gigametals.com


 

https://www.newsfilecorp.com/release/114153

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