Announcement • Jun 03
Giga Metals Corporation announced that it has received CAD 1.42488 million in funding On June 2, 2026, Giga Metals Corp closed the transaction. The company announced that it has issued 6,337,500 units at an issue price of CAD 0.08 per share for gross proceeds of CAD 507,000 in second and final tranche. The securities issued have a hold period expiring 4 months plus one day after issuance, being August 31, 2026 and October 5, 2026. Finder's fees were paid on 10,457,500 Units for a total of CAD 58,562 in cash plus a total of 732,025 finder's warrants. Each finder's warrant is exercisable into one common share of the Company at a price of CAD 0.08 per common shares for a period of three years from the date of issuance, being April 30, 2029 and June 2, 2029 respectively. New Risk • May 05
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 37% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (37% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (CA$14.4m market cap, or US$10.6m). Announcement • Apr 17
Giga Metals Corporation announced that it expects to receive CAD 1 million in funding Giga Metals Corporation announced a non-brokered private placement Units of the company at a price per Unit of CAD 0.08 for gross proceeds of CAD 1,000,000 on April 15, 2026. Each Unit will consist of one common share of the Company and one non-transferable share purchase warrant. Each whole warrant will be exercisable into one common share of the Company at an exercise price of CAD 0.15, for a period of two years from the closing of the private placement. The Company may pay finder’s fees in cash or securities to certain arm’s length finders engaged in connection with the private placement, subject to the approval of the TSXV. The securities issued in the private placement will be subject to a four-month hold period in accordance with applicable securities laws. It is expected that certain directors and officers of the Company may participate in the offering. The participation of Insiders in the offering will constitute a "related party transaction" within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101"). Closing is anticipated to occur on or about May 5, 2026, and is subject to certain closing conditions, including the approval of the TSX Venture Exchange. 
