Subscribe
Be the first with the news that moves the market- Giga Metals and Mitsubishi Corporation have established a joint venture company, Hard Creek Nickel Corp, to develop the Turnagain Nickel Project in northern B.C.
- Mark Jarvis, CEO of Giga Metals, sat down with Daniella Atkinson to discuss the partnership
- Giga will receive an 85 per cent equity interest in Hard Creek in exchange for contributing all related assets for the Turnagain project
- Mitsubishi has acquired a 15 per cent equity interest in Hard Creek in exchange for $8 million in cash
- A Pre-Feasibility Study (PFS) for the Turnagain project is scheduled to be completed in the first half of 2023
- Giga Metals acquires and explores mineral properties in Canada focusing on nickel and cobalt
- Giga Metals Corporation (GIGA) opened trading at C$0.36
Giga Metals and Mitsubishi Corporation have established a joint venture company, Hard Creek Nickel Corp, to develop the Turnagain Nickel Project.
Mark Jarvis, CEO of Giga Metals, sat down with Daniella Atkinson to discuss the partnership.
Mitsubishi will acquire a 15 per cent equity interest in the Hard Creek Project in northern B.C. for a cash payment of C$8 million.
Giga will receive an 85 per cent equity interest in Hard Creek in exchange for contributing all related assets for the Turnagain project.
With support from Mitsubishi, Giga will operate the joint venture and work on a Pre-Feasibility Study (PFS) for the Turnagain project, with expected completion in the first half of 2023.
Giga Metals acquires and explores mineral properties in Canada. The company is focused on two of the key metals used in the batteries of electric vehicles: nickel and cobalt.
Giga Metals Corporation (GIGA) opened trading at C$0.36.
