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Giga Metals (GIGGF) Stock News

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Giga Metals Corp. reports exploration and project-development activity for the Turnagain Project in northern British Columbia, an undeveloped sulphide nickel and cobalt resource held through Hard Creek Nickel, a subsidiary jointly owned with Mitsubishi Corporation. Company updates commonly cover geophysical work, geological interpretation and exploration planning within the Turnagain ultramafic complex, including the Attic Zone and targets associated with copper, platinum and palladium mineralization.

Recurring news also includes financing activity, working-capital measures, investor relations engagements, conference participation and governance changes. These developments frame Giga Metals as a mineral exploration and development issuer focused on advancing and evaluating Turnagain following its October 2023 pre-feasibility study.

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Giga Metals (GIGGF) clarified that its annual general meeting is scheduled for November 17, 2026, at 10:00 a.m. Vancouver local time. The meeting will take place at the company's office at 709-700 West Pender Street, Vancouver, British Columbia.

The company attributed the clarification to British Columbia's time zone change. Effective November 1, 2026, the province no longer observes Daylight Saving Time and remains on UTC-7 year-round.

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Giga Metals (GIGGF) identified multiple exploration targets through its completed Stage 2 geophysical program at the Turnagain project's Attic Zone. The work focused on targets beneath a 3 square kilometre copper-in-soils anomaly at the company's 100% owned British Columbia project. Surveys mapped the intrusion's three-dimensional shape and identified features along its southern marginal and basal contacts. A new, unexplored electrically conductive feature lies beneath previously identified diorite and the copper-in-soils anomaly.

The 2026 magnetotelluric survey, which measures subsurface electrical properties, covered 81 stations across approximately 17.4 line-km. HeliSAM surveying covered 288 line-km. Mira Geosciences has been retained for separate and joint three-dimensional modeling to support future drilling target selection. Modeling results and HeliSAM plate modeling remain pending.

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Giga Metals (OTCQB: GIGGF) reported positive Magnetotelluric (MT) geophysical results from the Turnagain Attic Zone on Nov 25, 2025. Interpreted by Hardrock Geophysics, the MT survey maps resistivity contrasts that define the ultramafic intrusion geometry as in-place and up-facing and reveals previously unknown low-resistivity features.

Key technical conclusions: the basal contact is untested, marginal contacts are untested at depth, and historic airborne EM lacked penetration to detect the new anomaly. Management said further MT lines and EM surveys will refine drill targets. The company said its recent financing will fund the geophysical program into Spring 2026.

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Giga Metals (OTCQB: GIGGF) has renewed its engagement with Existing Agency for investor relations and digital marketing services. The 12-month agreement, effective October 1st, 2025, involves a monthly fee of $5,000 for comprehensive marketing services including media services, webinars, video production, and social media management.

The agreement is structured as a pure service contract with no equity-based compensation or performance obligations. Existing Agency currently holds no shares or options in Giga Metals, and the services will be funded through the company's working capital.

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Giga Metals (OTCQB: GIGGF) announced the launch of a geophysics program at its flagship Turnagain nickel-cobalt project in northern British Columbia. Following the completion of a non-brokered private placement on August 28, 2025, the company has engaged Simcoe Geoscience Limited to conduct a magnetotulleric (MT) survey starting the week of September 15th.

The survey aims to map sub-surface geological structures adjacent to the known Turnagain project, focusing on identifying potential copper, platinum, and palladium mineralization. Initial results are expected in the first half of October 2025. The company will host a live corporate update on September 10th to discuss Fall 2025 activities.

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Giga Metals (OTCQB: GIGGF) has announced a proposed debt settlement plan through share issuance. The company intends to settle approximately $63,250 in debt by issuing common shares at a deemed price of $0.10 per share.

Of the total debt, $25,000 is owed to a former officer for management services, while the remaining amount is payable to arm's length parties. The completion of this debt settlement is pending both the finalization of definitive documentation and TSX Venture Exchange approval.

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Giga Metals (OTCQB: GIGGF) has announced significant leadership changes with the appointment of Scott Lendrum as Chief Executive Officer, effective July 2, 2025. Lendrum, who brings extensive experience in mining sector investment banking, will also join the company's board of directors. The restructuring includes Martin Vydra stepping down from his roles as President and Director but continuing as Strategic Advisor, while former CEO Mark Jarvis transitions to President.

As part of his appointment, Lendrum has been granted 2,000,000 stock options at an exercise price of $0.10 per share, while Jarvis agreed to cancel 1,900,000 options priced at $0.52. The company's leadership changes aim to strengthen its position in developing the Turnagain nickel and cobalt project.

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Giga Metals (TSX.V: GIGA) has announced plans for a non-brokered private placement to raise up to $500,000 through the issuance of 5,000,000 units at $0.10 per unit. Each unit includes one common share and one purchase warrant.

The warrants will allow holders to purchase additional common shares at $0.15 per share for a three-year period following the placement's closing. The company intends to use the proceeds for general corporate purposes and working capital. The private placement is subject to TSX Venture Exchange approval, and finder's fees may apply.

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Giga Metals Corp (OTCQX: GIGGF) has announced its participation in the upcoming Prospectors & Developers Association of Canada's (PDAC) Convention at the Metro Toronto Convention Centre from March 2-5, 2025. The company will be exhibiting at booth #2824, where management will be available to discuss the Turnagain nickel/cobalt project.

CEO Mark Jarvis is scheduled to present at two events during the convention: the Canada Investment Forum on March 3, 2025 (12:00 pm to 4:30 pm EST), and the Corporate Presentation Forum for Investors on March 5th at 10:44 am EST.

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Giga Metals Corp. has received a report from Dr. Stephen Beresford regarding potential high-grade mineral targets within the Turnagain ultramafic complex. The company has extensive data from 383 drill holes totaling 97,361 meters, along with geochem and geophysical surveys, yet over 80% of the complex remains unexplored. Dr. Beresford identified several target types, including a potential Volkovsky type massive copper sulfide magnetite deposit in the Attic zone and semi-massive sulfide Brecia pipes within the Attic and Bench zones. The company is currently reprocessing historical magnetic survey data to better define the intrusive geometry and plan a gravity survey.

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FAQ

What is the current stock price of Giga Metals (GIGGF)?

Giga Metals (GIGGF) last closed at $0.0351.

What is the market cap of Giga Metals (GIGGF)?

The market cap of Giga Metals (GIGGF) is approximately $5.5M.