Giga Metals Corp

lockPrivate Group

Giga Metals Corporation aims to be a premier supplier of the battery metals that will be needed as the world progresses to a future powered by clean energy. We are currently focused on two of the key metals used in the batteries of electric vehicles: Nickel and Cobalt. Our Turnagain Project is...

people9 Members       (0)

Corporate Profile
Group Admins:
  • Thumb 8020 monitor 200 200  png
  • Thumb no photo
Request Membership


Giga Metals Corp

lockPrivateGroup

Giga Metals Corporation aims to be a premier supplier of the battery metals that will be needed as the world progress......

people9 Members       (0)

8020 Admin posted a press release Giga Metals - Voting Results in GIGA METALS CORP

Vancouver, British Columbia--(Newsfile Corp. - June 12, 2019) - Pursuant to Section 11.3 of National Instrument 51-102, the following matters were put to vote at the Annual General Special Meeting of Giga Metals Corporation (TSXV: GIGA) (the "Issuer") held on June 11, 2019:


Read more here:  https://quotemedia.com/portal/quote?qm_symbol=GIGA%3ACC&qmodStoryID=6234378116740441 

!
Thumb 8020 monitor 200 200  png

8020 Admin

2 months

8020 Admin posted a press release Anthony Milewski appointed to Board of Directors in GIGA METALS CORP

Management team and board enhancements continue as Company prepares to advance the Turnagain project in anticipation of nickel and cobalt demand from electrification of automobiles and renewable energy


Vancouver, British Columbia--(Newsfile Corp. - April 29, 2019) - Mark Jarvis, CEO of Giga Metals Corp. (TSXV: GIGA) announced today that Anthony Milewski, Chairman and CEO of Cobalt 27 Capital Corp., has been appointed to the Board of Giga Metals. Cobalt 27 owns a 2% NSR on nickel and cobalt in Giga's Turnagain Project in British Columbia.


"We are assembling a very strong team at Giga Metals," said Mr. Jarvis. "Anthony has created, in Cobalt 27, the premier battery metals streaming and royalty company. His knowledge of the institutional market and the strategic players in this space is without parallel. We are very excited to welcome him to the Board of Giga Metals."


"As battery chemistries continue to evolve, nickel is emerging as one of the most critical basic materials in the lithium ion battery," said Mr. Milewski. "The experience of the nickel industry around HPAL laterite projects has been costly, and the need to develop low CAPEX nickel sulfide deposits with proven technology is acute. Giga Metals has a very large sulphide nickel and cobalt project that we think has an excellent chance of getting developed and built this market cycle.


"The Turnagain Project is competitive with the other large class one greenfields nickel projects of the world in terms of world class jurisdiction, project economics, simplicity of processing, low CAPEX relative to HPAL and of the exceptional quality of concentrate that can be produced. It is also of great interest to note that research at the University of British Columbia, partially supported by Giga Metals, shows the real possibility that the Turnagain project could be carbon neutral due to CO2 sequestration in the residue produced during concentration. I envision the team building a carbon neutral and environmentally friendly mine in a world class mining jurisdiction."


(Note: comments relating to project economics and Capex are based on the Turnagain Project Preliminary Economic Assessment, prepared by AMC Mining Consultants and dated December 2, 2011. See note * at end of release.)


Mr. Milewski is the founder, CEO and Chairman of Cobalt 27. He has served as a member of the LME Cobalt Committee and has deep experience in the mining industry as a director, advisor, founder and investor. In 2016, one of the industry's leading publications, The Mining Journal, named him as a Future Mining Leader. Mr. Milewski was a member of the investment team at Pala Investments Limited. Prior to joining Pala Investments, he worked at Firebird Management LLC.


Mr. Milewski previously worked at Renaissance Capital and Skadden, Arps, Slate, Meagher & Flom LLP in Moscow, where he focused on advisory and transactional work in metals & mining and oil & gas sectors. He has lived and worked in Africa and Russia, including a year as a Fulbright scholar, and has spent considerable time in Central Asia.


Mr. Milewski holds a B.A. in Russian history from Brigham Young University, an M.A. in Russian and Central Asian Studies from the University of Washington, and a J.D. from the University of Washington. He holds an LLM from the Russian Academy of Sciences.


Resignation of Director


Phillip Robinson has resigned from the Board of Giga Metals, effective immediately. Mr. Robinson is a member of the investment team at Pala Investments Limited and has served on the Board of Giga Metals since November 2017. The Company wishes to thank Mr. Robinson for his service.


Grant of Incentive Stock Options


The Company also announced that pursuant to its Stock Option Plan, approved by the TSX Venture Exchange, the Company will be granting 1,000,000 stock options to various Directors and consultants, exercisable at $0.20 per share, expiring April 29, 2024.


About Giga Metal's Turnagain Nickel-Cobalt Project


The Turnagain Project hosts the Horsetrail nickel-cobalt deposit, a significant undeveloped nickel-cobalt sulphide deposit, located in British Columbia, Canada.


Engineering and metallurgical studies are underway with an objective of advancing the project to the Pre-Feasibility level. Extensive past and current metallurgical work indicates that a clean concentrate grading 18% to 25% nickel is reliably achievable using a very simple "off-the-shelf" comminution and froth flotation process flow sheet.


The Turnagain project covers a large, relatively underexplored land package prospective for additional ultramafic-hosted nickel-cobalt discoveries. Turnagain is one of the few projects in a stable jurisdiction that can potentially deliver large quantities of nickel and cobalt to meet the growing needs of the electric vehicle and energy storage markets at a time when many research analysts are projecting there will be shortages in the cobalt and nickel required by battery manufacturers.


*


Technical information in this press release is based on a Preliminary Economic Assessment that includes the use of inferred resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves. The noted assessment results are preliminary in nature and there is no assurance the mining scenarios outlined would ever be realized.


The engineering report referred to in this interview uses the terms "measured" "indicated" and "inferred" resources. We advise U.S. investors that while those terms are recognized and required by Canadian regulations, the U.S. Securities and Exchange Commission does not recognize them. U.S. investors are cautioned not to assume that any part or all of mineral deposits in these categories would ever be converted to reserves.


Technical information in this news release has been reviewed and approved by Martin Vydra, P. Eng., a Qualified Person as defined in NI 43-101)


On behalf of the Board of Directors,


"Mark Jarvis"

MARK JARVIS, PRESIDENT & CEO
GIGA METALS CORPORATION
Tel - 604 681 2300


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Forward-Looking Statements


This news release contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. Forward looking statements in this press release include the possibility of finding an offtake partner, that a Pre-Feasibility Study will be completed by the end of 2019 and that the Turnagain project could deliver large quantities of nickel and cobalt.


These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could change or prevent these statements from coming to fruition include that geological interpretations based on drilling may change with more detailed information; the availability of labour, equipment, infrastructure and markets for the products produced; and despite the current expected viability of the project, conditions changing such that the minerals on our property cannot be economically mined, or that the required permits to build and operate the envisaged mine cannot be obtained. The forward-looking information contained herein is given as of the date hereof and the Company assumes no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.


Suite 203 - 700 West Pender St., Vancouver, BC, Canada V6C 1G8
T: 604-681-2300 E: info@gigametals.com W: www.gigametals.com


To view the source version of this press release, please visit https://www.newsfilecorp.com/release/44395


!
Thumb 8020 monitor 200 200  png

8020 Admin

2 months

8020 Admin posted a press release Giga Raises $1,045,000 On Exercise of Warrants in GIGA METALS CORP

Vancouver, British Columbia--(Newsfile Corp. - April 25, 2019) - Giga Metals Corp. (TSXV: GIGA) (the "Company") announced today that a total of 10,450,000 warrants outstanding since April 2016 have been exercised at a price of $0.10 per share for proceeds to the Company of $1,045,000. Certain insiders of the Company sold shares in private transactions at a price of $0.25 per share in order to raise funds to pay the warrant exercise price. Total shares issued and outstanding now total 53,774,015.


On behalf of the Board of Directors,


"Mark Jarvis"

MARK JARVIS, President
GIGA METALS CORPORATION


Tel - 604 681 2300


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Suite 203 - 700 West Pender St., Vancouver, BC, Canada V6C 1G8
T: 604-681-2300 E: info@gigametals.com W: www.gigametals.com

!
Thumb 8020 monitor 200 200  png

8020 Admin

4 months

8020 Admin posted a press release Giga Metals Releases Final Drill Results From 2018 Program in GIGA METALS CORP

Vancouver, British Columbia--(Newsfile Corp. - February 25, 2019) - Mark Jarvis, CEO of Giga Metals Corp. (TSXV: GIGA) (OTC Pink: HNCKF) (FSE: BRR2) ("Giga Metals" or the "Company") today announced analytical results from the remaining two of 40 holes drilled in 2018 on the Company's Turnagain Nickel/Cobalt Project. Results from the other 38 holes were released in a news release dated January 30, 2019.


"We're very pleased with these final drill results as both holes were mineralized over intervals spanning more than 200 metres, ended in mineralization and further demonstrate the exceptional continuity of this massive deposit," said Mark Jarvis, CEO of Giga Metals. "These results along with previously released holes will now be integrated into our resource model and metallurgical test work as we move the project towards the pre-feasibility stage."


Read more here:  https://quotemedia.com/portal/quote?qm_symbol=GIGA%3ACC&qmodStoryID=7156565670232555 

!
Thumb 8020 monitor 200 200  png

8020 Admin

5 months

8020 Admin posted a press release Giga Metals: Robert Morris Appointed to Board of Directors in GIGA METALS CORP

Vancouver, British Columbia--(Newsfile Corp. - January 23, 2019) - Mark Jarvis, CEO of Giga Metals Corp. (TSXV:GIGA) announced today that Robert Morris, a former senior executive with Vale S.A., the largest nickel producer in the world, has been appointed to the Board of Giga Metals.


"This is an extremely strong addition to the Board of Giga Metals," said Mr. Jarvis. "Robert's most recent position with Vale was Executive Vice President with global accountability for sales and marketing of Vale's base metals portfolio, including Nickel, Copper, Cobalt and Precious Metals, responsible for annual sales in excess of US $5 billion. He was an officer of the company and member of the senior management committee. His knowledge of the rapidly evolving market for nickel and cobalt products is without peer."


"Giga Metals is a very interesting company," said Mr. Morris. "The Turnagain Project has scale similar to other large greenfields nickel projects in the world, and I think it can compete very well with the giant HPAL projects for development dollars during the current market cycle. I am excited about getting involved with this management team and this Board to help advance the project and advise on marketing the high quality concentrates the project is capable of producing."


Mr. Morris has extensive experience with several companies managing sales of specialty metals and chemicals, which includes marketing battery materials to battery manufacturers.


Prior to joining Vale, he was Managing Director, Greater China for Umicore Marketing Services, accountable for the company's regional business development, trading, distribution and agency activities. He also worked directly with Umicore Business Units on M&A activities in the region.


Mr. Morris lived in Tokyo from 2007 - 2012, as President and Representative Director of Vale Japan Limited, where he managed assets with an annual turnover of U.S. $850 million. He was also mandated to integrate, expand and streamline the company's operations in Japan including a 60,000 tonne Nickel refinery in Mie prefecture and a sales and marketing office in Tokyo.


Jon Hykawy resigns from Board, joins Advisory Board


Jon Hykawy has resigned from the Board of Directors of Giga Metals and has joined the Advisory Board of the Company.


"I want to thank Jon for his service as a Board member," said Mr. Jarvis. "We look forward to continuing to have access to his knowledge about battery material supply chains in his capacity as a member of our Advisory Board."


About Giga Metal's Turnagain Nickel-Cobalt Project


The Turnagain Project hosts the Horsetrail nickel-cobalt deposit, a significant undeveloped nickel-cobalt sulphide deposit, located in British Columbia, Canada.


Engineering and metallurgical studies are underway with an objective of advancing the project to the Pre-Feasibility level. Extensive metallurgical work indicates a clean concentrate grading 18% nickel and 1% cobalt is reliably achievable using simple "off-the-shelf" processing technology.


The Turnagain project covers a large, relatively underexplored land package prospective for additional ultramafic-hosted nickel-cobalt discoveries. Turnagain is one of the few projects in a stable jurisdiction that can potentially deliver large quantities of nickel and cobalt to meet the growing needs of the electric vehicle and energy storage markets at a time when many research analysts are projecting there will be shortages in the cobalt and nickel required by battery manufacturers.


Grant of Incentive Stock Options


The Company also announced that pursuant to its Stock Option Plan, approved by the TSX Venture Exchange, the Company will be granting 300,000 stock options to a Director, exercisable at $0.35 per share, expiring January 23, 2024.


On behalf of the Board of Directors,


"Mark Jarvis"

MARK JARVIS, PRESIDENT & CEO
GIGA METALS CORPORATION


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Forward-Looking Statements


This news release contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. Forward looking statements in this press release include the possibility of finding an offtake partner, that a Pre-Feasibility Study will be completed by the end of 2019 and that the Turnagain project could deliver large quantities of nickel and cobalt.


These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could change or prevent these statements from coming to fruition include that geological interpretations based on drilling may change with more detailed information; the availability of labour, equipment, infrastructure and markets for the products produced; and despite the current expected viability of the project, conditions changing such that the minerals on our property cannot be economically mined, or that the required permits to build and operate the envisaged mine cannot be obtained. The forward-looking information contained herein is given as of the date hereof and the Company assumes no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.


Suite 203 - 700 West Pender St., Vancouver, BC, Canada V6C 1G8
T: 604-681-2300 E: info@gigametals.com W: www.gigametals.com

!
Thumb 8020 monitor 200 200  png

8020 Admin

7 months

8020 Admin posted a press release Giga Metals: Martin Vydra appointed to Board of Directors in GIGA METALS CORP

Vancouver, British Columbia--(Newsfile Corp. - November 20, 2018) - Mark Jarvis, CEO of Giga Metals Corp. (TSXV: GIGA) announced today that Martin Vydra, a former executive with Sherritt International Corporation and current Head of Strategy at Cobalt 27 Capital Corp., has been appointed to the Board of Giga Metals.


"This is exciting news for our company," said Mr. Jarvis. "Martin has a unique and deep background both in the technical aspects of nickel and cobalt processing and in marketing intermediate and finished products to end users ranging from aerospace to lithium ion battery manufacturers. Martin will be active in helping us select the offtake partners we want to work with."


"Turnagain is a very interesting, very large project," said Mr. Vydra. "One of the project's strengths is the quality of concentrates that can be produced. I have already had initial discussions with potential offtake partners and their interest is evident when they review our concentrate specifications. I look forward to working with Mark and his management and technical team to advance development of the Turnagain project."


Martin Vydra is widely recognized as an expert in nickel and cobalt extraction, processing and refining including the development and application of advanced technologies to maximize the recovery of valuable metals such as nickel and cobalt from a variety of feeds. From 2012 to 2017, Martin held the position of Senior Vice-President of Metals at Sherritt International Corporation, where he successfully guided the division through one of the most challenging periods in the commodities cycle, while delivering production at near to bottom quartile costs.


Martin's technical accomplishments at Sherritt spanned four continents and over 20 operations including postings in Australia where he was integral in Murrin Murrin's refinery start up; Finland for the design of Harjavalta's nickel reduction circuit; and, in Chile where he oversaw the design, construction and commissioning of a major pressure oxidation operation. Martin also played a key role in the assessment of Sherritt's Cuba's operations at Moa Bay, which resulted in the formation of Sherritt's Moa Joint Venture. Additionally, from 2005 to 2007, Martin was responsible for engineering, maintenance and capital construction at Sherritt's nickel refinery and was considered one of Sherritt's top technical experts across global operations.


-2-


Most recently, Martin served as Sherritt's Senior Vice President, Commercial and Technologies, where he had oversight for the sales and marketing of nickel and cobalt, and marketing and commercialization of Sherritt's proprietary technologies. Martin was instrumental in gaining access to numerous markets culminating with large-scale commercial plants built in China (zinc processing and coinage), Australia (HPAL), and in South America (pressure oxidation of sulphide ores).


In addition to his technical expertise, from 2008 to 2011, Martin held the position of Managing Director, Commercial Contracts and Marketing, with global responsibility for metal marketing which included finished products from Sherritt's Ambatovy and Moa joint ventures. Over his career Martin has been responsible for the sales and marketing of cobalt, nickel, fine cobalt powders and chemicals, thermal spray powders and coinage with end users ranging from aerospace to lithium-ion battery manufacturers.


Martin is a current and founding member of the London Metals Exchange Cobalt Committee and served on the board of directors of the Cobalt Institute. Martin was also a member of the board of directors of the Nickel Institute from 2010 to 2018, where he served as chair from 2015 to 2017. Martin's ability to combine technical and commercial aspects of the nickel and cobalt industries places him within a distinct group of industry professionals who offer this skill set.


About Giga Metal's Turnagain Nickel-Cobalt Project


The Turnagain Project hosts the Horsetrail nickel-cobalt deposit, a significant undeveloped nickel-cobalt sulphide deposit, located in British Columbia, Canada.


Engineering and metallurgical studies are underway with an objective of producing a Pre-Feasibility study by the end of 2019. Extensive metallurgical work indicates a clean concentrate grading 18% nickel and 1% cobalt is reliably achievable using simple "off-the-shelf" processing technology.


The Turnagain project covers a large, relatively underexplored land package prospective for additional ultramafic-hosted nickel-cobalt discoveries. Turnagain is one of the few projects in a stable jurisdiction that can potentially deliver large quantities of nickel and cobalt to meet the growing needs of the electric vehicle and energy storage markets at a time when many research analysts are projecting there will be shortages in the cobalt and nickel required by battery manufacturers.


Grant of Incentive Stock Options


The Company also announced that pursuant to its Stock Option Plan, approved by the TSX Venture Exchange, the Company will be granting 585,000 stock options to certain Consultants, Directors, Officers and Employees, exercisable at $0.35 per share, expiring November 20, 2023.


-3-


The Company further announces that 250,000 options were cancelled in February 2018, exercisable at $0.55.


On behalf of the Board of Directors,


"Mark Jarvis"

MARK JARVIS, PRESIDENT & CEO
GIGA METALS CORPORATION


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Forward-Looking Statements


This news release contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. Forward looking statements in this press release include the possibility of finding an offtake partner, that a Pre-Feasibility Study will be completed by the end of 2019 and that the Turnagain project could deliver large quantities of nickel and cobalt.


These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could change or prevent these statements from coming to fruition include that geological interpretations based on drilling may change with more detailed information; the availability of labour, equipment, infrastructure and markets for the products produced; and despite the current expected viability of the project, conditions changing such that the minerals on our property cannot be economically mined, or that the required permits to build and operate the envisaged mine cannot be obtained. The forward-looking information contained herein is given as of the date hereof and the Company assumes no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.


Suite 203 - 700 West Pender St., Vancouver, BC, Canada V6C 1G8
T: 604-681-2300 E: info@gigametals.com W: www.gigametals.com

!
Thumb 8020 monitor 200 200  png

8020 Admin

8 months

8020 Admin posted a press release Giga Metals Concludes 2018 Drill Program in GIGA METALS CORP

Vancouver, British Columbia--(Newsfile Corp. - October 30, 2018) - Mark Jarvis, CEO of Giga Metals Corp. (TSXV: GIGA) ("Giga Metals" or "the Company") is pleased to provide the following 2018 exploration update for its Turnagain Nickel/Cobalt Project.


The company has recently finalized its 2018 field work program, having completed a total of 10,835 metres of core drilling in forty holes (hole numbers DDH18-267 to DDH18-306).


Giga Metals plans to release all analytical results before the end of the year. ALS Global in North Vancouver is the analytical provider.


"Most of the drilling was conducted to collect data in support of advancing the project to the Pre-Feasibility stage, and we believe we now have all the data we need." said Mr. Jarvis. "Engineering and metallurgical work is underway with a target of generating a Pre-Feasibility study by the third quarter of 2019."


The 2018 work program included:



  • Two exploration holes totaling 1,119.8 metres in the platinum-enriched Attic Zone.

  • Thirteen metallurgical infill holes totaling 3,073.0 metres within the Horsetrail and Northwest zones of the Turnagain deposit.

  • Twenty-three infill holes totaling 5,866.9 metres, sited between the Horsetrail and Northwest zones to increase sample densities to allow for a reclassification of those portions of the deposit currently categorized as "inferred resources" to "indicated resources".

  • Two exploration holes totaling 775.1 metres in the MAG Zone roughly 5.6 kilometres northwest of Horsetrail deposit.


Giga Metals is continuing to advance the project through ongoing:



  • Consultation with the Tahltan First Nation and Kaska Dena communities.

  • Environmental and archaeological studies, including the establishment of remote water and wildlife monitoring stations and, the re-establishment of surface and groundwater monitoring programs.

  • Metallurgical optimization and the Turnagain Mine project design engineering studies.


About Giga's Turnagain Nickel-Cobalt Project


The Turnagain Project hosts the Horsetrail nickel-cobalt deposit, among the world's largest undeveloped nickel-cobalt sulphide deposits, located in British Columbia, Canada.


Engineering and metallurgical studies are underway with an objective of producing a Pre-Feasibility study by the third quarter of 2019. Extensive metallurgical work indicates a clean concentrate grading 18% nickel and 1% cobalt is reliably achievable using simple "off-the-shelf" processing technology.


The Turnagain project covers a large, relatively underexplored land package prospective for additional ultramafic-hosted nickel-cobalt discoveries. Turnagain is one of the few projects in a stable jurisdiction that can potentially deliver large quantities of cobalt and nickel to meet the growing needs of the electric vehicle and energy storage markets at a time when many research analysts are projecting there will be shortages in the cobalt and nickel required by battery manufacturers.


On behalf of the Board of Directors,


"Mark Jarvis"

MARK JARVIS, PRESIDENT & CEO
GIGA METALS CORPORATION


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Scientific and technical information disclosed in this document has been reviewed and approved by David Tupper, P. Geo., a Qualified Person consistent with NI 43-101.


Forward-Looking Statements


This news release contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. Forward looking statements in this press release include that the Company will close the proposed transaction of the sales of the NSR; that the proposed transaction gives the Company the capital required to advance the Turnagain project in a meaningful way; the timing and completion of a 10,000 metre drill program; the completion of a Pre-Feasibility Study by the third quarter of 2019; the timing and completion of additional exploration and step-out drilling; and that the Turnagain deposit could be among the first major deposits of this type to get built in the current market cycle for nickel.


These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could change or prevent these statements from coming to fruition include that the Company may not receive regulatory approval on the proposed transaction, the value of the consideration paid in Cobalt 27 shares may change dramatically after the Company receives them and there may not be a market for the Cobalt 27 shares when the Company wishes to sell them; changing operational costs for mining and processing; increased capital costs; the timing and content of upcoming work programs may be interrupted or delayed; geological interpretations based on drilling that may change with more detailed information; the availability of labour, equipment, infrastructure and markets for the products produced; and despite the current expected viability of the project, conditions changing such that the minerals on our property cannot be economically mined, or that the required permits to build and operate the envisaged mine cannot be obtained. The forward-looking information contained herein is given as of the date hereof and the Company assumes no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.

!

Giga Metals Corp

lockPrivate Group

Giga Metals Corporation aims to be a premier supplier of the battery metals that will be needed as the world progresses to a future powered by clean energy. We are currently focused on two of the key metals used in the batteries of electric vehicles: Nickel and Cobalt. Our Turnagain Project is...

people9 Members       (0)

Corporate Profile
Group Admins:
  • Thumb 8020 monitor 200 200  png
  • Thumb no photo
Request Membership


Giga Metals Corp

lockPrivateGroup

Giga Metals Corporation aims to be a premier supplier of the battery metals that will be needed as the world progress......

people9 Members       (0)

8020 Admin posted a press release Giga Metals - Voting Results in GIGA METALS CORP

Vancouver, British Columbia--(Newsfile Corp. - June 12, 2019) - Pursuant to Section 11.3 of National Instrument 51-102, the following matters were put to vote at the Annual General Special Meeting of Giga Metals Corporation (TSXV: GIGA) (the "Issuer") held on June 11, 2019:


Read more here:  https://quotemedia.com/portal/quote?qm_symbol=GIGA%3ACC&qmodStoryID=6234378116740441 

!
Thumb 8020 monitor 200 200  png

8020 Admin

2 months

8020 Admin posted a press release Anthony Milewski appointed to Board of Directors in GIGA METALS CORP

Management team and board enhancements continue as Company prepares to advance the Turnagain project in anticipation of nickel and cobalt demand from electrification of automobiles and renewable energy


Vancouver, British Columbia--(Newsfile Corp. - April 29, 2019) - Mark Jarvis, CEO of Giga Metals Corp. (TSXV: GIGA) announced today that Anthony Milewski, Chairman and CEO of Cobalt 27 Capital Corp., has been appointed to the Board of Giga Metals. Cobalt 27 owns a 2% NSR on nickel and cobalt in Giga's Turnagain Project in British Columbia.


"We are assembling a very strong team at Giga Metals," said Mr. Jarvis. "Anthony has created, in Cobalt 27, the premier battery metals streaming and royalty company. His knowledge of the institutional market and the strategic players in this space is without parallel. We are very excited to welcome him to the Board of Giga Metals."


"As battery chemistries continue to evolve, nickel is emerging as one of the most critical basic materials in the lithium ion battery," said Mr. Milewski. "The experience of the nickel industry around HPAL laterite projects has been costly, and the need to develop low CAPEX nickel sulfide deposits with proven technology is acute. Giga Metals has a very large sulphide nickel and cobalt project that we think has an excellent chance of getting developed and built this market cycle.


"The Turnagain Project is competitive with the other large class one greenfields nickel projects of the world in terms of world class jurisdiction, project economics, simplicity of processing, low CAPEX relative to HPAL and of the exceptional quality of concentrate that can be produced. It is also of great interest to note that research at the University of British Columbia, partially supported by Giga Metals, shows the real possibility that the Turnagain project could be carbon neutral due to CO2 sequestration in the residue produced during concentration. I envision the team building a carbon neutral and environmentally friendly mine in a world class mining jurisdiction."


(Note: comments relating to project economics and Capex are based on the Turnagain Project Preliminary Economic Assessment, prepared by AMC Mining Consultants and dated December 2, 2011. See note * at end of release.)


Mr. Milewski is the founder, CEO and Chairman of Cobalt 27. He has served as a member of the LME Cobalt Committee and has deep experience in the mining industry as a director, advisor, founder and investor. In 2016, one of the industry's leading publications, The Mining Journal, named him as a Future Mining Leader. Mr. Milewski was a member of the investment team at Pala Investments Limited. Prior to joining Pala Investments, he worked at Firebird Management LLC.


Mr. Milewski previously worked at Renaissance Capital and Skadden, Arps, Slate, Meagher & Flom LLP in Moscow, where he focused on advisory and transactional work in metals & mining and oil & gas sectors. He has lived and worked in Africa and Russia, including a year as a Fulbright scholar, and has spent considerable time in Central Asia.


Mr. Milewski holds a B.A. in Russian history from Brigham Young University, an M.A. in Russian and Central Asian Studies from the University of Washington, and a J.D. from the University of Washington. He holds an LLM from the Russian Academy of Sciences.


Resignation of Director


Phillip Robinson has resigned from the Board of Giga Metals, effective immediately. Mr. Robinson is a member of the investment team at Pala Investments Limited and has served on the Board of Giga Metals since November 2017. The Company wishes to thank Mr. Robinson for his service.


Grant of Incentive Stock Options


The Company also announced that pursuant to its Stock Option Plan, approved by the TSX Venture Exchange, the Company will be granting 1,000,000 stock options to various Directors and consultants, exercisable at $0.20 per share, expiring April 29, 2024.


About Giga Metal's Turnagain Nickel-Cobalt Project


The Turnagain Project hosts the Horsetrail nickel-cobalt deposit, a significant undeveloped nickel-cobalt sulphide deposit, located in British Columbia, Canada.


Engineering and metallurgical studies are underway with an objective of advancing the project to the Pre-Feasibility level. Extensive past and current metallurgical work indicates that a clean concentrate grading 18% to 25% nickel is reliably achievable using a very simple "off-the-shelf" comminution and froth flotation process flow sheet.


The Turnagain project covers a large, relatively underexplored land package prospective for additional ultramafic-hosted nickel-cobalt discoveries. Turnagain is one of the few projects in a stable jurisdiction that can potentially deliver large quantities of nickel and cobalt to meet the growing needs of the electric vehicle and energy storage markets at a time when many research analysts are projecting there will be shortages in the cobalt and nickel required by battery manufacturers.


*


Technical information in this press release is based on a Preliminary Economic Assessment that includes the use of inferred resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves. The noted assessment results are preliminary in nature and there is no assurance the mining scenarios outlined would ever be realized.


The engineering report referred to in this interview uses the terms "measured" "indicated" and "inferred" resources. We advise U.S. investors that while those terms are recognized and required by Canadian regulations, the U.S. Securities and Exchange Commission does not recognize them. U.S. investors are cautioned not to assume that any part or all of mineral deposits in these categories would ever be converted to reserves.


Technical information in this news release has been reviewed and approved by Martin Vydra, P. Eng., a Qualified Person as defined in NI 43-101)


On behalf of the Board of Directors,


"Mark Jarvis"

MARK JARVIS, PRESIDENT & CEO
GIGA METALS CORPORATION
Tel - 604 681 2300


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Forward-Looking Statements


This news release contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. Forward looking statements in this press release include the possibility of finding an offtake partner, that a Pre-Feasibility Study will be completed by the end of 2019 and that the Turnagain project could deliver large quantities of nickel and cobalt.


These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could change or prevent these statements from coming to fruition include that geological interpretations based on drilling may change with more detailed information; the availability of labour, equipment, infrastructure and markets for the products produced; and despite the current expected viability of the project, conditions changing such that the minerals on our property cannot be economically mined, or that the required permits to build and operate the envisaged mine cannot be obtained. The forward-looking information contained herein is given as of the date hereof and the Company assumes no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.


Suite 203 - 700 West Pender St., Vancouver, BC, Canada V6C 1G8
T: 604-681-2300 E: info@gigametals.com W: www.gigametals.com


To view the source version of this press release, please visit https://www.newsfilecorp.com/release/44395


!
Thumb 8020 monitor 200 200  png

8020 Admin

2 months

8020 Admin posted a press release Giga Raises $1,045,000 On Exercise of Warrants in GIGA METALS CORP

Vancouver, British Columbia--(Newsfile Corp. - April 25, 2019) - Giga Metals Corp. (TSXV: GIGA) (the "Company") announced today that a total of 10,450,000 warrants outstanding since April 2016 have been exercised at a price of $0.10 per share for proceeds to the Company of $1,045,000. Certain insiders of the Company sold shares in private transactions at a price of $0.25 per share in order to raise funds to pay the warrant exercise price. Total shares issued and outstanding now total 53,774,015.


On behalf of the Board of Directors,


"Mark Jarvis"

MARK JARVIS, President
GIGA METALS CORPORATION


Tel - 604 681 2300


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Suite 203 - 700 West Pender St., Vancouver, BC, Canada V6C 1G8
T: 604-681-2300 E: info@gigametals.com W: www.gigametals.com

!
Thumb 8020 monitor 200 200  png

8020 Admin

4 months

8020 Admin posted a press release Giga Metals Releases Final Drill Results From 2018 Program in GIGA METALS CORP

Vancouver, British Columbia--(Newsfile Corp. - February 25, 2019) - Mark Jarvis, CEO of Giga Metals Corp. (TSXV: GIGA) (OTC Pink: HNCKF) (FSE: BRR2) ("Giga Metals" or the "Company") today announced analytical results from the remaining two of 40 holes drilled in 2018 on the Company's Turnagain Nickel/Cobalt Project. Results from the other 38 holes were released in a news release dated January 30, 2019.


"We're very pleased with these final drill results as both holes were mineralized over intervals spanning more than 200 metres, ended in mineralization and further demonstrate the exceptional continuity of this massive deposit," said Mark Jarvis, CEO of Giga Metals. "These results along with previously released holes will now be integrated into our resource model and metallurgical test work as we move the project towards the pre-feasibility stage."


Read more here:  https://quotemedia.com/portal/quote?qm_symbol=GIGA%3ACC&qmodStoryID=7156565670232555 

!
Thumb 8020 monitor 200 200  png

8020 Admin

5 months

8020 Admin posted a press release Giga Metals: Robert Morris Appointed to Board of Directors in GIGA METALS CORP

Vancouver, British Columbia--(Newsfile Corp. - January 23, 2019) - Mark Jarvis, CEO of Giga Metals Corp. (TSXV:GIGA) announced today that Robert Morris, a former senior executive with Vale S.A., the largest nickel producer in the world, has been appointed to the Board of Giga Metals.


"This is an extremely strong addition to the Board of Giga Metals," said Mr. Jarvis. "Robert's most recent position with Vale was Executive Vice President with global accountability for sales and marketing of Vale's base metals portfolio, including Nickel, Copper, Cobalt and Precious Metals, responsible for annual sales in excess of US $5 billion. He was an officer of the company and member of the senior management committee. His knowledge of the rapidly evolving market for nickel and cobalt products is without peer."


"Giga Metals is a very interesting company," said Mr. Morris. "The Turnagain Project has scale similar to other large greenfields nickel projects in the world, and I think it can compete very well with the giant HPAL projects for development dollars during the current market cycle. I am excited about getting involved with this management team and this Board to help advance the project and advise on marketing the high quality concentrates the project is capable of producing."


Mr. Morris has extensive experience with several companies managing sales of specialty metals and chemicals, which includes marketing battery materials to battery manufacturers.


Prior to joining Vale, he was Managing Director, Greater China for Umicore Marketing Services, accountable for the company's regional business development, trading, distribution and agency activities. He also worked directly with Umicore Business Units on M&A activities in the region.


Mr. Morris lived in Tokyo from 2007 - 2012, as President and Representative Director of Vale Japan Limited, where he managed assets with an annual turnover of U.S. $850 million. He was also mandated to integrate, expand and streamline the company's operations in Japan including a 60,000 tonne Nickel refinery in Mie prefecture and a sales and marketing office in Tokyo.


Jon Hykawy resigns from Board, joins Advisory Board


Jon Hykawy has resigned from the Board of Directors of Giga Metals and has joined the Advisory Board of the Company.


"I want to thank Jon for his service as a Board member," said Mr. Jarvis. "We look forward to continuing to have access to his knowledge about battery material supply chains in his capacity as a member of our Advisory Board."


About Giga Metal's Turnagain Nickel-Cobalt Project


The Turnagain Project hosts the Horsetrail nickel-cobalt deposit, a significant undeveloped nickel-cobalt sulphide deposit, located in British Columbia, Canada.


Engineering and metallurgical studies are underway with an objective of advancing the project to the Pre-Feasibility level. Extensive metallurgical work indicates a clean concentrate grading 18% nickel and 1% cobalt is reliably achievable using simple "off-the-shelf" processing technology.


The Turnagain project covers a large, relatively underexplored land package prospective for additional ultramafic-hosted nickel-cobalt discoveries. Turnagain is one of the few projects in a stable jurisdiction that can potentially deliver large quantities of nickel and cobalt to meet the growing needs of the electric vehicle and energy storage markets at a time when many research analysts are projecting there will be shortages in the cobalt and nickel required by battery manufacturers.


Grant of Incentive Stock Options


The Company also announced that pursuant to its Stock Option Plan, approved by the TSX Venture Exchange, the Company will be granting 300,000 stock options to a Director, exercisable at $0.35 per share, expiring January 23, 2024.


On behalf of the Board of Directors,


"Mark Jarvis"

MARK JARVIS, PRESIDENT & CEO
GIGA METALS CORPORATION


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Forward-Looking Statements


This news release contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. Forward looking statements in this press release include the possibility of finding an offtake partner, that a Pre-Feasibility Study will be completed by the end of 2019 and that the Turnagain project could deliver large quantities of nickel and cobalt.


These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could change or prevent these statements from coming to fruition include that geological interpretations based on drilling may change with more detailed information; the availability of labour, equipment, infrastructure and markets for the products produced; and despite the current expected viability of the project, conditions changing such that the minerals on our property cannot be economically mined, or that the required permits to build and operate the envisaged mine cannot be obtained. The forward-looking information contained herein is given as of the date hereof and the Company assumes no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.


Suite 203 - 700 West Pender St., Vancouver, BC, Canada V6C 1G8
T: 604-681-2300 E: info@gigametals.com W: www.gigametals.com

!
Thumb 8020 monitor 200 200  png

8020 Admin

7 months

8020 Admin posted a press release Giga Metals: Martin Vydra appointed to Board of Directors in GIGA METALS CORP

Vancouver, British Columbia--(Newsfile Corp. - November 20, 2018) - Mark Jarvis, CEO of Giga Metals Corp. (TSXV: GIGA) announced today that Martin Vydra, a former executive with Sherritt International Corporation and current Head of Strategy at Cobalt 27 Capital Corp., has been appointed to the Board of Giga Metals.


"This is exciting news for our company," said Mr. Jarvis. "Martin has a unique and deep background both in the technical aspects of nickel and cobalt processing and in marketing intermediate and finished products to end users ranging from aerospace to lithium ion battery manufacturers. Martin will be active in helping us select the offtake partners we want to work with."


"Turnagain is a very interesting, very large project," said Mr. Vydra. "One of the project's strengths is the quality of concentrates that can be produced. I have already had initial discussions with potential offtake partners and their interest is evident when they review our concentrate specifications. I look forward to working with Mark and his management and technical team to advance development of the Turnagain project."


Martin Vydra is widely recognized as an expert in nickel and cobalt extraction, processing and refining including the development and application of advanced technologies to maximize the recovery of valuable metals such as nickel and cobalt from a variety of feeds. From 2012 to 2017, Martin held the position of Senior Vice-President of Metals at Sherritt International Corporation, where he successfully guided the division through one of the most challenging periods in the commodities cycle, while delivering production at near to bottom quartile costs.


Martin's technical accomplishments at Sherritt spanned four continents and over 20 operations including postings in Australia where he was integral in Murrin Murrin's refinery start up; Finland for the design of Harjavalta's nickel reduction circuit; and, in Chile where he oversaw the design, construction and commissioning of a major pressure oxidation operation. Martin also played a key role in the assessment of Sherritt's Cuba's operations at Moa Bay, which resulted in the formation of Sherritt's Moa Joint Venture. Additionally, from 2005 to 2007, Martin was responsible for engineering, maintenance and capital construction at Sherritt's nickel refinery and was considered one of Sherritt's top technical experts across global operations.


-2-


Most recently, Martin served as Sherritt's Senior Vice President, Commercial and Technologies, where he had oversight for the sales and marketing of nickel and cobalt, and marketing and commercialization of Sherritt's proprietary technologies. Martin was instrumental in gaining access to numerous markets culminating with large-scale commercial plants built in China (zinc processing and coinage), Australia (HPAL), and in South America (pressure oxidation of sulphide ores).


In addition to his technical expertise, from 2008 to 2011, Martin held the position of Managing Director, Commercial Contracts and Marketing, with global responsibility for metal marketing which included finished products from Sherritt's Ambatovy and Moa joint ventures. Over his career Martin has been responsible for the sales and marketing of cobalt, nickel, fine cobalt powders and chemicals, thermal spray powders and coinage with end users ranging from aerospace to lithium-ion battery manufacturers.


Martin is a current and founding member of the London Metals Exchange Cobalt Committee and served on the board of directors of the Cobalt Institute. Martin was also a member of the board of directors of the Nickel Institute from 2010 to 2018, where he served as chair from 2015 to 2017. Martin's ability to combine technical and commercial aspects of the nickel and cobalt industries places him within a distinct group of industry professionals who offer this skill set.


About Giga Metal's Turnagain Nickel-Cobalt Project


The Turnagain Project hosts the Horsetrail nickel-cobalt deposit, a significant undeveloped nickel-cobalt sulphide deposit, located in British Columbia, Canada.


Engineering and metallurgical studies are underway with an objective of producing a Pre-Feasibility study by the end of 2019. Extensive metallurgical work indicates a clean concentrate grading 18% nickel and 1% cobalt is reliably achievable using simple "off-the-shelf" processing technology.


The Turnagain project covers a large, relatively underexplored land package prospective for additional ultramafic-hosted nickel-cobalt discoveries. Turnagain is one of the few projects in a stable jurisdiction that can potentially deliver large quantities of nickel and cobalt to meet the growing needs of the electric vehicle and energy storage markets at a time when many research analysts are projecting there will be shortages in the cobalt and nickel required by battery manufacturers.


Grant of Incentive Stock Options


The Company also announced that pursuant to its Stock Option Plan, approved by the TSX Venture Exchange, the Company will be granting 585,000 stock options to certain Consultants, Directors, Officers and Employees, exercisable at $0.35 per share, expiring November 20, 2023.


-3-


The Company further announces that 250,000 options were cancelled in February 2018, exercisable at $0.55.


On behalf of the Board of Directors,


"Mark Jarvis"

MARK JARVIS, PRESIDENT & CEO
GIGA METALS CORPORATION


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Forward-Looking Statements


This news release contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. Forward looking statements in this press release include the possibility of finding an offtake partner, that a Pre-Feasibility Study will be completed by the end of 2019 and that the Turnagain project could deliver large quantities of nickel and cobalt.


These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could change or prevent these statements from coming to fruition include that geological interpretations based on drilling may change with more detailed information; the availability of labour, equipment, infrastructure and markets for the products produced; and despite the current expected viability of the project, conditions changing such that the minerals on our property cannot be economically mined, or that the required permits to build and operate the envisaged mine cannot be obtained. The forward-looking information contained herein is given as of the date hereof and the Company assumes no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.


Suite 203 - 700 West Pender St., Vancouver, BC, Canada V6C 1G8
T: 604-681-2300 E: info@gigametals.com W: www.gigametals.com

!
Thumb 8020 monitor 200 200  png

8020 Admin

8 months

8020 Admin posted a press release Giga Metals Concludes 2018 Drill Program in GIGA METALS CORP

Vancouver, British Columbia--(Newsfile Corp. - October 30, 2018) - Mark Jarvis, CEO of Giga Metals Corp. (TSXV: GIGA) ("Giga Metals" or "the Company") is pleased to provide the following 2018 exploration update for its Turnagain Nickel/Cobalt Project.


The company has recently finalized its 2018 field work program, having completed a total of 10,835 metres of core drilling in forty holes (hole numbers DDH18-267 to DDH18-306).


Giga Metals plans to release all analytical results before the end of the year. ALS Global in North Vancouver is the analytical provider.


"Most of the drilling was conducted to collect data in support of advancing the project to the Pre-Feasibility stage, and we believe we now have all the data we need." said Mr. Jarvis. "Engineering and metallurgical work is underway with a target of generating a Pre-Feasibility study by the third quarter of 2019."


The 2018 work program included:



  • Two exploration holes totaling 1,119.8 metres in the platinum-enriched Attic Zone.

  • Thirteen metallurgical infill holes totaling 3,073.0 metres within the Horsetrail and Northwest zones of the Turnagain deposit.

  • Twenty-three infill holes totaling 5,866.9 metres, sited between the Horsetrail and Northwest zones to increase sample densities to allow for a reclassification of those portions of the deposit currently categorized as "inferred resources" to "indicated resources".

  • Two exploration holes totaling 775.1 metres in the MAG Zone roughly 5.6 kilometres northwest of Horsetrail deposit.


Giga Metals is continuing to advance the project through ongoing:



  • Consultation with the Tahltan First Nation and Kaska Dena communities.

  • Environmental and archaeological studies, including the establishment of remote water and wildlife monitoring stations and, the re-establishment of surface and groundwater monitoring programs.

  • Metallurgical optimization and the Turnagain Mine project design engineering studies.


About Giga's Turnagain Nickel-Cobalt Project


The Turnagain Project hosts the Horsetrail nickel-cobalt deposit, among the world's largest undeveloped nickel-cobalt sulphide deposits, located in British Columbia, Canada.


Engineering and metallurgical studies are underway with an objective of producing a Pre-Feasibility study by the third quarter of 2019. Extensive metallurgical work indicates a clean concentrate grading 18% nickel and 1% cobalt is reliably achievable using simple "off-the-shelf" processing technology.


The Turnagain project covers a large, relatively underexplored land package prospective for additional ultramafic-hosted nickel-cobalt discoveries. Turnagain is one of the few projects in a stable jurisdiction that can potentially deliver large quantities of cobalt and nickel to meet the growing needs of the electric vehicle and energy storage markets at a time when many research analysts are projecting there will be shortages in the cobalt and nickel required by battery manufacturers.


On behalf of the Board of Directors,


"Mark Jarvis"

MARK JARVIS, PRESIDENT & CEO
GIGA METALS CORPORATION


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Scientific and technical information disclosed in this document has been reviewed and approved by David Tupper, P. Geo., a Qualified Person consistent with NI 43-101.


Forward-Looking Statements


This news release contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. Forward looking statements in this press release include that the Company will close the proposed transaction of the sales of the NSR; that the proposed transaction gives the Company the capital required to advance the Turnagain project in a meaningful way; the timing and completion of a 10,000 metre drill program; the completion of a Pre-Feasibility Study by the third quarter of 2019; the timing and completion of additional exploration and step-out drilling; and that the Turnagain deposit could be among the first major deposits of this type to get built in the current market cycle for nickel.


These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could change or prevent these statements from coming to fruition include that the Company may not receive regulatory approval on the proposed transaction, the value of the consideration paid in Cobalt 27 shares may change dramatically after the Company receives them and there may not be a market for the Cobalt 27 shares when the Company wishes to sell them; changing operational costs for mining and processing; increased capital costs; the timing and content of upcoming work programs may be interrupted or delayed; geological interpretations based on drilling that may change with more detailed information; the availability of labour, equipment, infrastructure and markets for the products produced; and despite the current expected viability of the project, conditions changing such that the minerals on our property cannot be economically mined, or that the required permits to build and operate the envisaged mine cannot be obtained. The forward-looking information contained herein is given as of the date hereof and the Company assumes no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.

!