NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES


Giga Capital Corporation ("Giga") (TSX VENTURE:GIG.P) is pleased to announce
that it has increased its non-brokered private placement of common shares, which
was previously announced on May 18, 2010, to a minimum of 19,500,000 and a
maximum of 25,000,000 common shares at a price of $0.05 per share for gross
proceeds of a minimum of $975,000 and maximum of $1,250,000 (the "Financing"). 


Closing of the Financing is expected to occur, subject to receipt of all
necessary regulatory approvals, concurrently with the completion of Giga's
proposed qualifying transaction (the "QT"), pursuant to which Giga has agreed
with GSL Mining Investments Limited, a Hong Kong company, subject to a formal
agreement, to acquire all the issued and outstanding shares of its wholly owned
subsidiary, Join Pacific Investment Ltd. ("Join Pacific"), a Hong Kong Company
which indirectly holds a mining license for sand and gravel in the Yunnan
Province of China. 


The proceeds of the Financing will be used to pursue Join Pacific's business
plan and for general corporate purposes.


Cautionary Statements

Certain statements contained in this news release constitute forward-looking
statements, including, without limitation, timing of completion of the
Financing, completion of the QT and receipt of all required approvals thereto
and the timing thereof and the completion and use of proceeds of the Financing.
By their nature, forward-looking statements are subject to numerous risks and
uncertainties, some of which are beyond the party's control including the impact
of general economic conditions, industry conditions, volatility of commodity
prices, currency fluctuations, environmental risks, competition from other
industry participants, the lack of availability of qualified personnel or
management, stock market volatility and ability to access sufficient capital
from internal and external sources, inability to meet or continue to meet
listing requirements, the inability to obtain required consents, permits or
approvals, failure to realize the anticipated benefits of the QT and the risk
that actual results will vary from the results forecasted and such variations
may be material. Readers are cautioned that the assumptions used in the
preparation of such information, although considered reasonable at the time of
preparation may prove to be imprecise and, as such, undue reliance should not be
placed on forward-looking statements. Giga's actual results, performance or
achievement could differ materially from those expressed in or implied by, these
forward-looking statements and, accordingly, no assurance can be given that any
of the events anticipated by the forward-looking statements will transpire or
occur, or if any of them do so, what benefits Giga will derive therefrom. There
is no assurance that the necessary approvals for completion of the QT will be
obtained or that some other condition to the closing of the QT will not be
satisfied. Even if such conditions are satisfied, there is risk that closing of
the QT could be delayed and may not meet the timelines anticipated. 


The forward-looking statements contained in this news release are made as of the
date of this news release. Except as required by law Giga disclaims any
intention and assume no obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise,
except as required by applicable securities laws. 


Completion of the QT is subject to a number of conditions, including but not
limited to, TSX Venture Exchange acceptance. There can be no assurance that the
QT will be completed as proposed or at all. 


Investors are cautioned that, except as disclosed in the filing statement to be
prepared in connection with the QT, any information released or received with
respect to the QT may not be accurate or complete and should not be relied upon.
Trading in the securities of a capital pool company should be considered highly
speculative.


The TSX Venture Exchange has in no way passed upon the merits of the proposed QT
and has neither approved nor disapproved the contents of this news release.
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