Giga Metals Corp 6-K, filed Dec 31, 2020
Giga Metals Corp (GIGGF)
About this 6-K
Giga Metals Corp filed this 6-K on December 31, 2020.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of December 2020
Commission File Number: 000-52326
GIGA METALS CORPORATION
(Translation of registrant's name into English)
Suite 203, 700 West Pender Street, Vancouver, BC V6C 1G8
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
[ x ] Form 20-F [ ] Form 40-F
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [ ]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [ ]
SUBMITTED HEREWITH
Exhibits
| Exhibit | Description | |
| 99.1 | News Release dated December 31, 2020 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Giga Metals Corporation | ||
| (Registrant) | ||
| Date: December 31, 2020 | By: | /s/ Mark Jarvis |
| Mark Jarvis | ||
| Title: | President and CEO | |
| December 31, 2020 | TSX.V - GIGA |
Giga Metals Warrants not extended
(VANCOUVER) - Giga Metals Corporation (TSX.V - GIGA) today announced that, further to the press release dated December 21, 2020, the TSX Venture Exchange did not approve the extension of 240,000 warrants with a strike price of $0.70, as requested by the Company. The reason for denying the extension is that, under Policy 4.1 section 3.1(c), there is a requirement that "no Warrants of the class have been exercised within the last six months." The warrants in question did not meet this condition.
Options granted
The Company also announced that, pursuant to its Stock Option Plan, approved by the TSX Venture Exchange, the Company will be granting 5,625,000 stock options to certain Directors, Employees and Consultants, exercisable at $0.52 per share, expiring December 30, 2025. 25% of the options will vest immediately, with an additional 25% vesting on each anniversary after issuance. 100% on the options will vest in the event of a change of control of the Company.
On behalf of the Board of Directors,
"Mark Jarvis"
MARK JARVIS, 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.
Suite 203 - 700 West Pender St., Vancouver, BC, Canada V6C 1G8
T: 604-681-2300 E: info@gigametals.com W: www.gigametals.com