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Giga Metals engages MarketSmart for IR services

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Giga Metals (TSX.V: GIGA, OTCQX: GIGGF) has signed an agreement with MarketSmart Communications for investor relations services. The initial 6-month contract, starting November 7, 2024, includes a monthly fee of $7,500 plus taxes. MarketSmart will receive stock options for 300,000 common shares at $0.20 per share, valid for 24 months. The options will vest quarterly over 12 months, subject to TSX Venture Exchange approval.

Giga Metals (TSX.V: GIGA, OTCQX: GIGGF) ha firmato un accordo con MarketSmart Communications per servizi di relazioni con gli investitori. Il contratto iniziale di 6 mesi, che inizia il 7 novembre 2024, prevede un compenso mensile di 7.500 dollari più tasse. MarketSmart riceverà opzioni su azioni per 300.000 azioni ordinarie al prezzo di 0,20 dollari per azione, valide per 24 mesi. Le opzioni si matureranno trimestralmente per 12 mesi, soggette all'approvazione del TSX Venture Exchange.

Giga Metals (TSX.V: GIGA, OTCQX: GIGGF) ha firmado un acuerdo con MarketSmart Communications para servicios de relaciones con inversores. El contrato inicial de 6 meses, que comienza el 7 de noviembre de 2024, incluye una tarifa mensual de 7,500 dólares más impuestos. MarketSmart recibirá opciones sobre acciones por 300,000 acciones comunes a 0.20 dólares por acción, válidas por 24 meses. Las opciones se adquirirán trimestralmente durante 12 meses, sujetas a la aprobación de TSX Venture Exchange.

기가 메탈스 (TSX.V: GIGA, OTCQX: GIGGF)는 마켓스마트 커뮤니케이션즈와 투자자 관계 서비스를 위한 계약을 체결했습니다. 2024년 11월 7일 시작되는 초기 6개월 계약에는 세금을 제외하고 월 7,500달러의 수수료가 포함됩니다. 마켓스마트는 주당 0.20달러에 300,000주 일반 주식에 대한 스톡옵션을 받으며, 이 옵션은 24개월 동안 유효합니다. 옵션은 12개월 동안 분기별로 발생하며, TSX 벤처 거래소의 승인을 조건으로 합니다.

Giga Metals (TSX.V: GIGA, OTCQX: GIGGF) a signé un accord avec MarketSmart Communications pour des services de relations avec les investisseurs. Le contrat initial de 6 mois, commençant le 7 novembre 2024, comprend des frais mensuels de 7 500 dollars plus taxes. MarketSmart recevra des options d'achat d'actions pour 300 000 actions ordinaires à 0,20 dollar par action, valables pendant 24 mois. Les options seront acquises trimestriellement sur 12 mois, sous réserve de l'approbation de la TSX Venture Exchange.

Giga Metals (TSX.V: GIGA, OTCQX: GIGGF) hat einen Vertrag mit MarketSmart Communications über Investor-Relations-Dienstleistungen unterzeichnet. Der anfängliche 6-monatige Vertrag, der am 7. November 2024 beginnt, umfasst eine monatliche Gebühr von 7.500 USD zuzüglich Steuern. MarketSmart erhält Aktienoptionen für 300.000 Stammaktien zum Preis von 0,20 USD pro Aktie, die 24 Monate gültig sind. Die Optionen werden vierteljährlich über 12 Monate vesten, vorbehaltlich der Genehmigung durch die TSX Venture Exchange.

Positive
  • None.
Negative
  • Additional monthly expenses of $7,500 for IR services
  • Potential shareholder dilution from 300,000 stock options granted at $0.20 per share

VANCOUVER, British Columbia, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Mark Jarvis, CEO of Giga Metals Corp. (TSX.V: GIGA, OTCQX: GIGGF) announced today that it has entered into an agreement with MarketSmart Communications Inc. (“MarketSmart”) pursuant to which MarketSmart will provide investor relations (IR) services to Giga Metals for an initial term of 6 months, commencing as of today’s date, November 7, 2024.

Giga will pay MarketSmart a fee of $7,500 per month, plus applicable taxes, and MarketSmart will also be granted stock options to purchase 300,000 common shares of Giga Metals at a price of $0.20 per share for a term of 24 months. The options will vest quarterly over 12 months, in accordance with Giga’s stock option plan and as required by the policies of the TSX Venture Exchange.

The investor relations agreement and grant of stock options are subject to the approval of the TSX Venture Exchange.

About Market Smart

MarketSmart is a Vancouver, British Columbia-based corporate communications service provider, built over the last two decades, who benefit from a deep industry knowledge in venture capital and small cap investing. MarketSmart brings a variety of small to mid-cap opportunities for investing pioneers who are continually seeking new endeavours in venture capital investing. MarketSmart was established in 2002 and has worked with many TSX Venture listed companies in assisting them in developing their corporate profile within the investment community. MarketSmart is committed to providing value and outstanding service.

About Giga Metals Corporation

Giga Metals Corporation’s core asset is the Turnagain Project, located in northern British Columbia, which contains one of the few significant undeveloped sulphide nickel and cobalt resources in the world. Turnagain is held in Hard Creek Nickel, a subsidiary owned 85% by Giga Metals Corporation and 15% by Mitsubishi Corporation. The Pre-Feasibility Study was released in October 2023.

On behalf of the Board of Directors of Giga Metals Corporation

“Mark Jarvis”

MARK JARVIS,
CEO

Contact Information
Office Phone: +1 (604) 681-2300
Investor Inquiries: info@gigametals.com
Company Website: www.gigametals.com

Contact: MarketSmart Communications – 877-261-4466

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


FAQ

What are the terms of Giga Metals' (GIGGF) agreement with MarketSmart Communications?

The agreement includes a 6-month term starting November 7, 2024, with a monthly fee of $7,500 plus taxes, and 300,000 stock options at $0.20 per share vesting quarterly over 12 months.

How many stock options did Giga Metals (GIGGF) grant to MarketSmart in November 2024?

Giga Metals granted MarketSmart 300,000 stock options at $0.20 per share with a 24-month term, vesting quarterly over 12 months.

What is the monthly cost of Giga Metals' (GIGGF) new IR services agreement?

The monthly cost is $7,500 plus applicable taxes for MarketSmart's investor relations services.

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