Giga Metals Completes First Tranche of Non-Brokered Private Placement
December 20 2017 TSX.V - GIGA
Giga Metals Completes First Tranche of
Non-Brokered Private Placement
Giga Metals Corp. (TSXV – GIGA) announces that it has completed the first tranche of
the 3.4 Million Unit non-brokered private placement previously announced December 15,
2017.
The Company completed the placement of 1,813,333 Units at $0.60 Cdn. per Unit for gross
proceeds of $1,088,000.
There was no insider or pro group participation. A 6% finder’s fee of $11,160 and 18,600
finder warrants was paid on a portion of the financing.
Use of proceeds will be for general corporate purposes, metallurgical and engineering
studies of the company’s Turnagain project and for potential acquisitions in the battery
materials space.
The private placement remains subject to regulatory acceptance and 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