• Skip to primary navigation
  • Skip to main content
Getty Copper Inc

Getty Copper Inc

Exploration. Discovery. Development

  • HOME
  • ABOUT US
    • LAND POSITION SUMMARY
    • EXPLORATION & DEVELOPMENT
    • METALLURGY
    • GEOPHYSICS
  • MODELS & SCHEMATICS
  • REPORTS
  • NEWS RELEASES
    • News Release – September 21, 2022
    • News Release – June 27, 2022
    • News Release – June 24, 2022
    • NEWS RELEASE – June 16, 2022
    • News Release – December 20, 2021
    • News Release – October 19, 2021
    • News Release – September 22, 2021
    • News Release – February 2, 2021
    • News Release – June 25, 2020
    • News Release – December 3, 2019
    • News Release – November 25, 2019
    • News Release – August 16, 2019
    • News Release – June 21, 2019
    • News Release – May 22, 2019
    • News Release – February 4, 2019
  • CONTACT US

NEWS RELEASE

GETTY COPPER INC.                                                                                                     

Trading Symbol TSX V: GTC

December 3, 2019

GETTY COPPER INC. (TSX-V: GTC) ANNOUNCES PROPOSED PRIVATE PLACMENT

Vancouver, BC, December 3, 2019: Getty Copper Inc. (TSXV: “GTC”) is pleased to announce a proposed non-brokered private placement financing of up to 6,000,000 non flow-through units (the “NFT Units”) at a price of $0.05 per NFT Unit for gross proceeds of $300,000 and 4,000,000 flow-through Units (the “FT Units”) at a price of $0.075 per FT Unit for gross proceeds of up to $300,000.

Each NFT Unit will be comprised of one common share of Getty and one common share purchase warrant (a “Warrant”), with each Warrant entitling the holder to purchase one additional common share at $0.08 per share for a period of two years from the date of issue.

Each FT Unit will be comprised of one flow-through common share of Getty and one half of one non flow-through common share purchase warrant (a “Warrant”). Each whole Warrant will entitle the holder to purchase one additional common share at $0.08 per share for a period of two years from the date of issue.

The Company will pay a commission or finder’s fee of up to 6% of the gross proceeds to investment dealers or finders (where permitted by law).

The proceeds from the private placement will be used to complete work on Getty’s mineral properties, repay corporate debt and for general working capital purposes.

Closing of the private placement is subject to TSX Venture Exchange approval.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.
The foregoing statements are forward-looking statements but reflect the current expectations of management with respect to future events and performance. Wherever used, the words “may,” “will,” “anticipate,” “intend,” “expect,” “plan,” “believe,” and similar expressions identify forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at which, such performance or results will be achieved.

Forward-looking statements are based on information available at the time they are made, assumptions made by management, and management’s good faith belief with respect to future events, and are subject to the risks and uncertainties of mineral exploration.

ON BEHALF OF THE BOARD OF DIRECTORS

For further information please contact:

John Lepinski

GETTY COPPER INC.

Phone: 604-931-3231 Fax: 604-931-2814