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Arca and Giga Metals sign exclusive agreement to explore carbon removal at B.C. nickel project with potential to remove 220 million tonnes of atmospheric carbon dioxide

VANCOUVER, British Columbia, Jan. 14, 2026 (GLOBE NEWSWIRE) – Arca Climate Technologies Inc. („Arca”), an Industrial Mineralization company, and Giga Metals Corporation („Giga Metals”) (TSX-V: GIGA; OTCQB: GIGGF; FSE: BRR2), a Canadian mining company advancing the Turnagain Nickel Project in British Columbia in partnership with the Mitsubishi Corporation, today announced a 10-year tailings and waste rock access agreement that was signed January 9, 2026.

The agreement grants Arca an exclusive right to evaluate the potential of the ultramafic waste rock and mine tailings at the Turnagain Project to permanently remove carbon dioxide from the atmosphere. Arca will conduct sampling, analysis, pilot-scale testing, and techno-economic studies using its proprietary Industrial Mineralization technology.

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