Mr. Tom MacNeill reports
GETTY COPPER INC. ANNOUNCES INCREASED SIZE OF PREVIOUSLY ANNOUNCED PRIVATE PLACEMENT
Getty Copper Inc., due to strong demand to participate in the company's non-brokered private placement, which was announced on May 14, 2025, will increase the flow-through units by offering 12 million flow-through units at five cents per unit for proceeds of up to $600,000. Additionally, the company will be amending the private placement to issue only non-flow-through warrants.
Each FT unit will consist of one flow-through common share and one whole warrant, which will entitle the holder to purchase one common share at a price of 7.5 cents per share for a period of two years from issuance.
The previously announced non-flow-through units will remain unchanged.
All securities issued in connection with the private placement will be subject to a four-month statutory hold period.
The company may 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 private placement will be 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.
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