NEWS RELEASE
GETTY COPPER INC.
January 23, 2025
Trading Symbol TSX V: GTC
GETTY COPPER INC. CLOSES PREVIOUSLY ANNOUNCED DEBT SETTLEMENT
VANCOUVER, BC – January 23, 2025 – Getty Copper Inc. (the “Company”) (TSXV: GTC) is pleased to announce, further to its news releases dated May 10, 2024 and December 13, 2024, the Company has received TSX Venture Exchange approval and that is has issued 11,650,000 common shares of the Company (the “Shares”) at a deemed price of $0.05 per Share to settle $582,000 of indebtedness (the “Debt Settlement”).
Under the Debt Settlement, 10,000,000 Shares were issued to non arms length creditors who are controlled by John Lepinski, who is a control person of the Company.
Additionally, 1,650,000 share purchase warrants exercisable at a price of $0.05 per share for a period of two years from issuance were issued to an arms length creditor.
The Shares issued to insiders are exempt from the requirements of MI 61-101 under s.5.5(a) and (b) and 5.7(1)(a).
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
ON BEHALF OF THE BOARD OF DIRECTORS
Tom MacNeill, CEO
GETTY COPPER INC.
Phone: 604-931-3231 Fax: 604-931-2814
1000 Austin Ave., Coquitlam, B.C., Canada V3K P1
Tel:(604) 931-3231 Fax: (604) 931-2814
www.gettycopper.com
TSX Venture Exchange: GTC
E-mail: getty@telus.net
