Giga Metals Corporation (TSE:GIGA) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Giga Metals Corporation is set to raise $1.5 million through a non-brokered private placement of 10 million units at $0.15 each, with plans to allocate the proceeds for general corporate purposes and working capital. The units include a common share and a purchase warrant, with the latter allowing the acquisition of additional shares at a set price over a three-year period. Additionally, the company is exploring further development options for its Turnagain Project, a significant undeveloped sulphide nickel and cobalt resource.
For further insights into TSE:GIGA stock, check out TipRanks’ Stock Analysis page.