Giga Metals Announces Proposed Debt Settlement (Vancouver, B.C., Canada) – Giga Metals Corporation (TSX.V: GIGA, OTCQX: GIGGF) (the "Company") announces that it's proposing to settle an aggregate of approximately $63,250 in debt
July 2, 2025 TSX.V - GIGA
Giga Metals Announces Proposed Debt Settlement
(Vancouver, B.C., Canada) – Giga Metals Corporation (TSX.V: GIGA, OTCQX: GIGGF) (the
"Company") announces that it's 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 $0.10 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. Completion of
the debt settlement remains subject to the finalization of definitive documentation and the approval
of the TSX Venture Exchange.
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 jointly by Giga
Metals Corporation and Mitsubishi Corporation. The Pre -Feasibility Study was released in
October 2023.
Forward-looking Statements
Certain statements in this news release are forward- looking statements, which reflect the
expectations of the Company. Forward-looking statements consist of statements that are not purely
historical, including any statements regarding beliefs, plans, expectations or intentions regarding
the future. Such statements include, but are not limited to, the Company's the settlement of the debt
through the issuance of shares and the TSX Venture Exchange's approval of such debt settlement.
No assurance can be given that any of the events anticipated by the forward- looking statements
will occur or, if they do occur, what benefits the Company will obtain from them. These forward-
looking statements reflect management's current views and are based on certain expectations ,
estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties
could cause our actual results to differ materially from those expressed or implied by the forward-
looking statements. These forward-looking statements are made as of the date of this news release
and, except as required by applicable securities laws, the Company assumes no obligation to
update these forward-looking statements, or to update the reasons why actual results differed from
those projected in the forward-looking statements.
On behalf of the Board of Directors of Giga Metals Corporation
“Mark Jarvis”
MARK JARVIS,
President
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.
#604-700 West Pender Street, Vancouver, BC V6C 1G8
www.gigametals.com
Tel: 604 681 2300