Mr. Tom MacNeill reports

GETTY COPPER INC. CLOSES PREVIOUSLY ANNOUNCED DEBT SETTLEMENT

Further to its news releases dated May 10, 2024, and Dec. 13, 2024, Getty Copper Inc. has received TSX Venture Exchange approval and has issued 11.65 million common shares of the company at a deemed price of five cents per share to settle $582,000 of indebtedness.

Under the debt settlement, 10 million shares were issued to non-arm's-length creditors who are controlled by John Lepinski, who is a control person of the company.

Additionally, 1.65 million share purchase warrants exercisable at a price of five cents per share for a period of two years from issuance were issued to an arm's-length creditor.

The shares issued to insiders are exempt from the requirements of Multilateral Instrument 61-101 under sections 5.5(a) and (b) and 5.7(1)(a).