Giga Metals Corporation
Financials:
Primary ticker: TSXV:GIGA, OTCQX:HNCKF, FSE:BRR2
Stage of development: Exploration, Development
Primary minerals: Nickel, Cobalt
Project to promote: Turnagain Nickel & Cobalt
Project location: Northern British Columbia, Canada
Website: www.gigametals.com
Corporate presentation: Click here
Corporate video: Click here
Giga Metals Corporation is focused on metals critical to modern batteries, especially those used in Electric Vehicles and Energy Storage. The Company’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. Giga Metals has formed a joint venture with Mitsubishi Corporation to develop the Turnagain nickel/cobalt project in Canada and plans to complete a Prefeasibility Study in H1 2023
Cash: CAD$8M
Debt: NIL
Major shareholder:
Mark Jarvis – 5%
Management Profile
Mark Jarvis, CEO & Chairman
Mr. Jarvis has more than 30 years experience in exploration and development of mineral resources, both in oil and gas and metals. After a career in financing exploration projects as a stockbroker, Mr. Jarvis moved to the corporate side of the business in 1996. He joined the Board of Ultra Petroleum, which at the time was a small oil and gas exploration and development company with a large, unconventional gas deposit. As Director responsible for Corporate Finance, he raised the equity capital necessary to prove the concept and to establish enough production to finance further growth with debt. Ultra Petroleum grew from an exploration play to 3 TCF of proven gas reserves.
Mr. Jarvis became CEO of Giga Metals Corporation’s predecessor company in January 2004. During his tenure, the company has drilled off a giant nickel/cobalt deposit, worked out a reliable metallurgical circuit, and published a Preliminary Economic Assessment.
What is your rationale for taking part in 121 Mining Investment?
Looking to meet with institutional and retail investors.
What recent news would you like to highlight to investors attending?
Giga Metals has formed a joint venture with Mitsubishi Corporation
What are your key goals in 3 months, 6 months, 12 months?
3 Months:
Working on a Prefeasibility Study
6 Months:
Complete Prefeasibility Study
12 Months:
Start Environmental Assessment
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Volatile commodity prices
What do you think makes your company such a compelling investment?
Size and simplicity of the project, suitability to provide material for battery supply chain
What are the top 3 key investor takeaways?
1. Low-carbon nickel and cobalt
2. Large piece of North American battery supply chain
3. Joint venture with Mitsubishi Corporation