Giga Metals Completes Non-Brokered Private Placement

April 4 2025 TSX.V - GIGA

Giga Metals Completes Non-Brokered Private Placement

NOT FOR DISTRIBUTION TO U.S. NEWSWIRES OR DISSEMINATION IN THE UNITED STATES

(Vancouver BC) Mark Jarvis, CEO of Giga Metals Corp. (TSX.V – GIGA) (“Giga” or the

“Company”) announced today that Giga has completed the non- brokered private

placement (the “Private Placement”) previously announced on March 25 2025.

The Company closed 4,320,000 at $0.10 per Unit for gross proceeds of $ 432,000. Each

Unit consists of one share and one share purchase warrant. Each full warrant is exercisable

at Cdn. $0.15 for three years, expiring April 4, 2028. The securities issued have a hold

period expiring 4 months plus one day after issuance, being August 5, 2025.

Insiders participated as to 250,000 Units.

No control blocks were created as a result of the private placement.

Proceeds of the private placement will be used for general corporate purposes.

Finders fees were paid on 786,666 units for a total of $8,260 in cash plus a total of 55,067

finders warrants. Each finders warrant is exercisable into one share at a price of $0.22 for

a period of one year, expiring August 7, 2025 and August 21, 2025 respectively.

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 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 use of proceeds of the First Tranche . 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, including management’s discretion to reallocate the net proceeds of the First

Tranche. 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,

MARK JARVIS

CEO

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