Mr. Tom MacNeill reports
GETTY COPPER INC. ANNOUNCES PRIVATE PLACEMENT
Getty Copper Inc. will conduct a non-brokered private placement of up to nine million units at a price of five cents per
unit for gross proceeds of $450,000. Each unit will comprise one common share and
one common share purchase warrant, with each warrant entitling the holder to purchase one additional common
share at 7.5 cents per share for a period of two years from the date of issuance.
All securities issued in connection with the offering will be subject to a four-month statutory hold period.
The company may pay finders' fees of up to 5 per cent in cash to investment dealers or others (where permitted by law)
and in accordance with the rules of the TSX Venture Exchange.
The proceeds of the offering will used to conduct exploration programs on the company's mineral properties
and for general corporate purposes.
Completion of the private placement remains subject to the approval of the TSX Venture Exchange.
© 2024 Canjex Publishing Ltd. All rights reserved.