Giga Metals Amends Private Placement

October 13, 2017 TSX.V - GIGA

Giga Metals Amends Private Placement

(Vancouver, B.C.) – Giga Metals Corporation (the “Company”), (Trading Symbol: GIGA)

announced today that it has amended its non-brokered private placement of 4,300,000

units, previously announced September 29 2017.

The Company has increased the issue from 4,300,000 to up to 6,750,000 units priced at

$0.35 for gross proceeds of up to $2,362,500.

Each unit will consist of one share and one-half warrant. The warrants will have a term of

3 years from the date of closing and each full warrant will be exercisable for one new share

at a price of $0.45.

Proceeds will be used for general corporate purposes, metallurgical and engineering studies

of the company’s Turnagain project and for potential acquisitions in the battery materials

space.

Finder’s fees may be paid on some or all of the units placed. The finder’s fees will consist

of 6% of the gross cash proceeds payable in cash and finder’s warrants equal to 6% of the

units placed. Each finder’s warrant will be exercisable at $0.35 for a term of one year after

the closing date of the private placement.

The financing is subject to regulatory approval.

On behalf of the Board of Directors,

“Mark Jarvis”

MARK JARVIS, CEO

GIGA METALS CORPORATION

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION

IN THE UNITED STATES

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

T: 604-681-2300 E: [email protected] W: www.gigametals.com