Giga Metals Corporation has announced a non-brokered private placement comprising flow-through units priced at $0.09 per unit and non-flow-through units at $0.08 per unit, aiming to raise up to $850,000 in gross proceeds. The private placement's completion is contingent upon meeting specific conditions, including approval from the TSX Venture Exchange. The company may also pay finder's fees in cash or securities to certain finders involved in the placement. The proceeds from this initiative are intended to fund exploration activities at Giga Metals' Turnagain nickel-cobalt project and for general corporate purposes. Each unit comes with a warrant that allows the holder to purchase a common share at $0.11 for three years after the private placement's closure.
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