Giga Metals Corporation announced a non-brokered private placement to raise gross proceeds of up to $1,500,000. The company intends to use the net proceeds for general corporate purposes and working capital. The completion of the Private Placement is subject to certain conditions, including the approval of the TSX Venture Exchange.
Company Information
Company
Giga Metals
Location
Vancouver, British Columbia, Canada
About
Giga Metals aims to be an Ethical Supplier of the battery metals that will be needed as the world progresses to a future powered by clean energy.
Our Turnagain Project in Northern British Columbia is among the largest undeveloped nickel-cobalt sulphide deposits in the world in terms of total contained nickel. The NI 43-101 compliant resource contains 5.2 billion pounds of nickel and 312 million pounds of cobalt in the Measured and Indicated categories, plus a further 5.5 billion pounds of nickel and 327 million pounds of cobalt in the Inferred resource category. The current PEA (October 28, 2020) proposes a 37 year mine life.
VancouverMiningPrecious MetalsMineralMining Technology