Giga Metals Plans $1.5M Private Placement

Giga Metals Corporation (TSE:GIGA) has released an update.

Giga Metals Corporation is set to raise $1.5 million through a non-brokered private placement of 10 million units at $0.15 each, which includes common shares and warrants with an exercise price of $0.22. The funds raised will be allocated for general corporate purposes and working capital. The success of the private placement is contingent upon the approval of the TSX Venture Exchange.

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