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GIGA.V ·

Options Granted

Share Capital & Compensation

October 27, 2021 TSX.V - GIGA

Options Granted

(VANCOUVER) – Giga Metals Corporation (TSX.V - GIGA) today announced that ,

pursuant to its Stock Option Plan, approved by the TSX Venture Exchange, the Company

will be granting 1,390,000 stock options to certain Directors, Employees and Consultants,

exercisable at $0. 45 per share, expiring October 27, 2026. 25% of the options wi ll 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.

On behalf of the Board of Directors,

“Mark Jarvis”

MARK JARVIS, CEO

GIGA METALS CORPORATION

Tel – 604 681 2300

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