Mr. Tom MacNeill reports

GETTY COPPER INC. CLOSES PRIVATE PLACEMENT

Getty Copper Inc. has closed its non-brokered private placement announced July 22, 2024, of nine million units at a price of five cents per unit for gross proceeds of $450,000. Each unit comprises 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 did not pay any finders' fees in connection with this offering.

The proceeds of the offering will be used to conduct exploration programs on the company's mineral properties and for general corporate purposes.

A portion of the offering (810,000 units for a total of $40,500) being purchased by the John B Pub Ltd. (a company controlled by John Lepinski, an insider of the issuer) represents a related party transaction. The transaction is exempt from the valuation and minority approval requirements of TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101 under certain exemptions, including the exemption if the fair market value of the transaction does not exceed 25 per cent of the issuer's market capitalization.

Completion of the private placement remains subject to the approval of the TSX-V.