Scott Lendrum appointed Chief Executive Officer of Giga Metals Corporation

Core Viewpoint - Giga Metals Corporation has appointed Scott Lendrum as the new Chief Executive Officer, effective July 2, 2025, to enhance its strategic objectives and shareholder value [1][3]. Leadership Changes - Scott Lendrum brings extensive experience in investment banking within the mining sector, having held leadership roles at Paradigm Capital and specializing in mergers and acquisitions, equity financing, and capital market transactions [2]. - Martin Vydra has stepped down as President and Director but will continue as a Strategic Advisor to support the company's leadership [3]. - Mark Jarvis, who has been CEO since 2005, will transition to the role of President, ensuring continuity in leadership [4]. Strategic Goals - The appointment of Mr. Lendrum is seen as a significant step towards advancing the company's long-term strategic objectives, particularly regarding the Turnagain Project, which has a large nickel and cobalt deposit [3][6]. - Mr. Lendrum expressed enthusiasm about the potential of the Turnagain Project, highlighting its exploration upside and the value that can be unlocked [3]. Stock Options - In connection with his appointment, Mr. Lendrum has been granted 2,000,000 stock options at an exercise price of $0.10, with a vesting schedule that includes immediate vesting of one quarter and additional vesting annually [5]. - Mr. Jarvis has agreed to cancel 1,900,000 options previously held, which were exercisable at a price of $0.52 until the end of 2025 [5].