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Giga Metals Corporation (GIGA) Financings

TSXV: GIGA · Nickel, Cobalt, PGM · Advanced Exploration stage

Giga Metals Corporation's core asset is the Turnagain Project, located in northern British Columbia, which contains one of the few significant undeveloped sulfide nickel and cobalt resources in the world. Turnagain is held in Hard Creek Nickel, a subsidiary owned jointly by Giga Metals Corporation and Mitsubishi Corporation. The Pre-Feasibility Study was released in October 2023. The Turnagain ultramafic intrusive complex is also prospective for copper, platinum and palladium mineralization in the Attic Zone, an area adjacent to the known nickel resource.

Giga Metals Corporation financial statements

Key figures read from 40 of 41 financial statement filings, Nov 24, 2016 to Aug 28, 2026. Each column is the period as the company first filed it.

Balance sheet: annual key figures

Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.

Dec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Cash and equivalentsC$1,161,543C$289,897C$1,521,171C$7,234,134C$1,493,365
Total current assetsC$22,872,649C$22,122,019C$21,492,747C$17,745,821C$13,052,413
Total current liabilitiesC$600,472C$209,909C$395,544C$705,568C$442,932
Working capitalC$22,272,177C$21,912,110C$21,097,203C$17,040,253C$12,609,481
Exploration and evaluation assetsC$21,925,117C$21,125,186C$20,241,768C$17,039,792C$12,445,756
Property, plant and equipmentC$523,532C$572,833C$826,979C$282,029C$182,657
Total assetsC$24,122,904C$22,665,896C$23,255,012C$25,239,930C$14,985,639
Debt——C$0C$40,000C$40,000
Total liabilitiesC$1,244,120C$1,499,909C$1,015,617C$1,370,049C$935,437
Shareholders' equityC$19,716,125C$18,099,935C$18,965,387C$20,505,489C$14,050,202

Income statement: annual key figures

Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.

FY Dec 2025FY Dec 2024FY Dec 2023FY Dec 2022FY Dec 2021
General and administrativeC$324,678C$270,818C$362,019C$559,276C$706,178
Share-based compensationC$167,870C$153,335C$434,541C$1,029,860C$1,289,383
Net income (loss)(C$1,513,989)(C$2,325,029)(C$2,055,189)(C$2,856,597)(C$2,738,159)

Cash flow statement: annual key figures

Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.

FY Dec 2025FY Dec 2024FY Dec 2023FY Dec 2022FY Dec 2021
Operating cash flow(C$907,366)(C$1,419,957)(C$1,453,260)(C$1,558,331)(C$1,826,065)
Investing cash flow(C$668,017)(C$800,195)(C$4,137,356)(C$4,236,268)(C$6,622,584)
Financing cash flowC$2,447,029C$988,878(C$122,347)C$11,535,368C$6,179,034
Exploration spending (capitalized)(C$825,096)(C$816,597)(C$3,444,606)(C$4,433,454)(C$6,461,958)
Property, plant and equipment spending(C$4,507)(C$392)(C$727,018)(C$4,151)(C$38,084)
Proceeds from share issuesC$2,499,816C$1,098,286C$0C$3,633,341C$6,267,216
Change in cashC$871,646(C$1,231,274)(C$5,712,963)C$5,740,769(C$2,269,615)
Cash at end of periodC$1,161,543C$289,897C$1,521,171C$7,234,134C$1,493,365

Giga Metals Corporation financings

7 financings announced or closed by Giga Metals Corporation, read by Mining News Terminal, newest first.

DateCompanyTypeStageAmountUnit priceRelease
2026-04-15Giga Metals Corporation (GIGA)Private placement, non-brokeredClosed, 2 tranches$1.4M$0.080Giga Metals Announces Non-Brokered Private Placement
2026-03-20Giga Metals Corporation (GIGA)Flow-through, non-brokeredClosed, 1 tranche$900K$0.110Giga Metals Completes Non-Brokered Private Placement of Flow-Through Shares
2025-10-15Giga Metals Corporation (GIGA)Flow-through, private placement, non-brokeredClosed, 2 tranches$1.6M$0.130Giga Metals Announces Non-Brokered Private Placement Including Critical Minerals Flow-Through
2025-07-17Giga Metals Corporation (GIGA)Flow-through, private placement, non-brokeredClosed, 3 tranches$850K$0.090Giga Metals Announces Non-Brokered Private Placement
2025-04-14Giga Metals Corporation (GIGA)Private placement, non-brokeredTranche closed, 1 tranche$25K$0.100Giga Metals Completes Additional Tranche of Private Placement and Provides Additional Information on First Tranche
2025-03-19Giga Metals Corporation (GIGA)Private placement, non-brokeredClosed, 1 tranche$500K$0.100Giga Metals Announces Non-Brokered Private Placement
2024-07-17Giga Metals Corporation (GIGA)Private placement, non-brokeredClosed, 2 tranches$1.5M$0.150Giga Metals Announces Non-Brokered Private Placement

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