GIGA: Leadership Change Highlights Renewed Focus
What you need to know:• Scott Lendrum, a veteran within M&A and capital markets, has been appointed CEO of Giga Metals, effective July 2nd, 2025.
• Former CEO Mark Jarvis becomes President, while outgoing President Martin Vydra will remain as Strategic Advisor, preserving continuity.
Yesterday after market, Giga Metals (GIGA:TSXV, GIGGF:OTC) announced the appointment of Scott Lendrum as Chief Executive Officer, effective July 2nd, 2025. Mr. Lendrum will also join the Company’s Board of Directors, bringing a wealth of experience in mining-focused investment banking, with a track record in cross-border M&A, equity financing, and capital markets transactions. He most recently served as Director of Investment Banking (Mining) at Paradigm Capital from 2021 to 2024. This appointment marks a major leadership shift as former CEO Mark Jarvis transitions to President and long-serving President Martin Vydra steps into a Strategic Advisor role. We are maintaining our BUY rating and target price of C$0.30/share on GIGA Metals Corporation.
Leadership Change
The leadership transition comes at a pivotal moment for Giga Metals as it advances the Turnagain Project, one of the world’s few significant undeveloped sulphide nickel and cobalt deposits; for more information, read our initiation report here. Mr. Lendrum’s appointment signals a focused push toward unlocking the project’s full economic potential, bolstered by capital markets expertise and fresh strategic oversight. His statement in the announcement emphasized Turnagain’s jurisdictional strength, exploration upside, and the opportunity to build long-term shareholder value.
GIGA Metals is an exploration stage mineral resources company engaged in the acquisition and exploration of mineral properties, primarily in northern British Columbia. Co. has not yet identified any mineral resource on any of its properties that is of a commercially exploitable quantity.
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