Giga Metals Completes Non-Brokered Private Placement

Press Release

August 28, 2025

(Vancouver BC) Scott Lendrum, CEO of Giga Metals Corp. (TSX.V: GIGA, OTCQB: GIGGF) (“Giga” or the “Company”) announced today that Giga has completed the non-brokered private placement (the “Private Placement”) previously announced (July 17, 2025).

The Company closed 3,675,000 Units at $0.08 per Non Flow Through Unit for gross proceeds of $294,000 and 4,404,595 Flow Through Units for gross proceeds of $396,414. Each Non Flow Unit and Flow Through Unit consists of one share and one share purchase warrant. Each full warrant is exercisable at Cdn. $0.11 for three years, expiring July 30, 2028 and August 13, 2028 and August 28, 2028 respectively. The securities issued have a hold period expiring 4 months plus one day after issuance, being November 1, 2025, December 14, 2025 and December 29, 2025 respectively.

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

Proceeds of the private placement will be used for general corporate purposes and the Company’s exploration program.

Finders fees were paid on 5,576,818 units for a total of $33,838 in cash plus a total of 390,377 finders warrants. Each finders warrant is exercisable into one share at a price of $0.08 for a period of three years, expiring July 30, 2028 and August 13, 2028 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.

On behalf of the Board of Directors,

SCOTT LENDRUM
CEO
Contact Information
Office Phone: +1 (604) 681-2300
Investor Inquiries: info@gigametals.com
Company Website: www.gigametals.com

IBF4