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Apex Trader Funding (ATF) - News

Giga Metals Announces Non-Brokered Private Placement

NOT FOR DISTRIBUTION TO U.S. NEWSWIRES OR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, July 17, 2024 (GLOBE NEWSWIRE) -- Mark Jarvis, CEO of Giga Metals Corporation (TSX.V: GIGA) ("Giga" or the "Company") announced today that the Company intends to complete a non-brokered private placement (the "Private Placement") of up to 10,000,000 units ("Units") at a price of $0.15 per Unit to raise gross proceeds of up to $1,500,000. Each Unit will consist of one common share of the Company (a "Common Share") and one Common Share purchase warrant (a "Warrant"). Each Warrant will entitle the holder thereof to purchase one Common Share of the Company (a "Warrant Share") for a period of three years following the closing of the Private Placement at an exercise price of $0.22 per Warrant Share. The Company plans to use the net proceeds of the Private Placement for general corporate purposes and working capital. Completion of the Private Placement is subject to certain ...