Giga Metals gains 100% ownership of the Turnagain Joint Venture as Mitsubishi Corporation divests its 15% interest for nominal consideration, with the deal expected to finalize in mid-October.
Giga Metals acquires full ownership of the Turnagain Project from Mitsubishi for nominal consideration, consolidating its asset base.
Mitsubishi exercises its put right to sell its 15% interest in the Turnagain Joint Venture back to Giga for nominal consideration, a minor divestiture.
Giga Metals Corp. secures full control of the Turnagain Project following Mitsubishi Corporation's decision to exercise its put right. The transaction, involving a 15% interest stake, is set to close by October 12, 2026, for nominal consideration.
Mitsubishi exercised its put right to sell its 15% interest back to Giga Metals for nominal consideration, allowing Giga Metals to consolidate full ownership of the project.