Getty Copper Secures Up to C$15 Million Through Private Placement Offering

Getty Copper Inc., a Canadian-based mineral exploration and development company, has entered into an agreement with Velocity Capital Partners to conduct a private placement offering. The Brokered Offering consists of common shares that will qualify as 'flow-through shares,' which can be used to incur eligible 'Canadian exploration expenses' that qualify as 'flow-through critical mineral mining expenditures.'

The Offering consists of two types of securities: BC Charity FT Shares and Charity FT Shares, priced at C$1.395 and C$1.305 per share respectively. The Company aims to raise up to approximately C$13 million in gross proceeds.

In addition to the Brokered Offering, Getty Copper Inc. will also issue 1,855,000 common shares on a non-brokered private placement basis at a price of C$1.080 per share for gross proceeds of up to approximately C$2,000,000.

The Company plans to use the funds raised from the Offering to incur eligible 'Canadian exploration expenses' and renounce all the Qualifying Expenditures in favour of the initial subscribers of the Offered Securities effective December 31, 2026.