Giga Metals - Options Granted (VANCOUVER, BC Canada ) – Giga Metals Corporation (TSX.V:GIGA, OTCQX: GIGGF) today announced that pursuant to its Stock Option Plan, approved by the TSX Venture Exchange, the Company granted 25,000 stock options to an Employee,

January 25, 2024 TSX.V - GIGA

Giga Metals - Options Granted

(VANCOUVER, BC Canada ) – Giga Metals Corporation (TSX.V:GIGA, OTCQX:

GIGGF) today announced that pursuant to its Stock Option Plan, approved by the TSX

Venture Exchange, the Company granted 25,000 stock options to an Employee,

exercisable at $0.30 per share, expiring January 25, 2029. 25% of the options will vest

immediately, with an additional 25% vesting on each anniversary after issuance. 100% of

the options will vest in the event of a change of control of the Company.

About Giga Metals Corporation

Giga Metals Corporation’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

85% by Giga Metals Corporation and 15% by Mitsubishi Corporation. The Pre-Feasibility

Study results were announced in September 2023.

On behalf of the Board of Directors of Giga Metals Corporation

“Mark Jarvis”

MARK JARVIS, CEO and Chairman

Contact Information

Office Phone: +1 (604) 681-2300

Investor Inquiries: [email protected]

Company Website: www.gigametals.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is

defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy

or accuracy of this release.

Suite 203 – 700 West Pender St., Vancouver, BC, Canada V6C 1G8