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Giga Metals – Options Granted

Press Release

January 25, 2024

Vancouver, B.C. – Giga Metals Corporation (TSX.V: GIGA, OTCQX: GIGGF) today announced that pursuant to its Stock Option Plan, approved by the TSX Venture Exchange, the Company granted 25,000 stock options to an Employee, exercisable at $0.30 per share, expiring January 25, 2029. 25% of the options will 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.

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 results were announced in September 2023.

On behalf of the Board of Directors,

“Mark Jarvis”

MARK JARVIS, CEO & CHAIRMAN

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

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