Giga Metals (GIGA-V) Aug 31, '17 has completed the nonbrokered private placement of 8,333,333 units which was announced Aug. 3, 2017.
The company today closed 8,333,333 Units at six cents per unit for gross proceeds of $500,000. Each unit consists of one share and one share purchase warrant. Each full warrant is exercisable at seven cents for one year up to Aug. 30, 2018, and at eight cents for up to two years thereafter, expiring Aug. 30, 2020. The securities issued have a hold period expiring four months plus one day after issuance, being Dec. 31, 2017.
No control blocks were created as a result of the private placement. Proceeds of the private placement will be used for general corporate purposes. The company also plans to be looking for new opportunities in the battery materials space.
Mark Jarvis, President
Hard Creek Nickel Corporation
Suite 203,
700 West Pender Street
Vancouver, BC,
Canada
V6C 1G8
T: 604-681-2300
E: info@hardcreek.com
W: www.hardcreeknickel.com  |
