Latest news with #GettyCopperInc
Cision Canada
4 days ago
- Business
- Cision Canada
GETTY COPPER INC. PROVIDES UPDATE ON STRATEGIC REVIEW
Trading Symbol TSX V: GTC VANCOUVER, BC, July 16, 2025 /CNW/ - Getty Copper Inc. (the "Company") (TSXV: GTC) is pleased to provide an update on its strategic review announced June 6, 2025. The Company has received two detailed proposals from separate parties involving potential significant financing for development of its mineral properties. The Company has not yet committed to either proposal. The Company is seeking additional information and reviewing the proposals with its advisors with the objective of choosing the one which best meets the company objectives of assuring continued development of the mineral properties and maximizing shareholder value. Once a decision has been made the company will make a further announcement. The Company cautions readers that there is no assurance the strategic review will result in a transaction or, if a transaction takes place, of the terms or timing of such a transaction. ON BEHALF OF THE BOARD OF DIRECTORS Tom MacNeill, CEO GETTY COPPER INC. Phone: 604-931-3231 Fax: 604-931-2814 SOURCE Getty Copper Inc.
Cision Canada
25-06-2025
- Business
- Cision Canada
GETTY COPPER INC. CLOSES PRIVATE PLACEMENT
Trading Symbol TSX V: GTC VANCOUVER, BC, June 25, 2025 /CNW/ - Getty Copper Inc. (the "Company") (TSXV: GTC) is pleased to announce that it has closed the Company's non-brokered private placement, which was announced on May 14, 2025 and updated June 9, 2025, by issuing 12,000,000 flow-through units at $0.05 per unit for proceeds of $600,000 (the "FT Units") and 2,500,000 non flow-through units at $0.04 per unit for proceeds of $100,000 (the "NFT Units") Each FT Unit consists of one flow-through common share and one whole warrant which will entitle the holder to purchase one common share at a price of $0.075 per share for a period of two years from issuance. Each NFT Unit consists of one common share and one whole warrant which will entitle the holder to purchase one common share at a price of $0.075 per share for a period of two years from issuance. All securities issued in connection with the private placement are subject to a four–month statutory hold period. The Company paid no finders fees in connection with the private placement. A portion of the Offering (1,500,000 FT Units and 625,000 NFT Units) for a total of $100,000) being purchased by the John B Pub Ltd. (a company controlled by John Lepinski, an insider of the Issuer) represents a related party transaction. The transaction is exempt from the valuation and minority approval requirements of the TSXV Venture listings Policy 5.9 and Multilateral Instrument 61-101 under certain exemptions including the exemption if the fair market value of the transaction does not exceed 25% of the Issuer's market capitalization. The proceeds of the private placement will be used to conduct exploration programs on the Company's mineral properties and for general corporate purposes. There are no proposed payments to Non-Arm's Length Parties of the Issuer, no proposed payments to Persons conducting Investor Relations Activities, and no specific use representing 10% or more of the gross proceeds. Completion of the private placement remains subject to the approval of the TSX Venture Exchange. ON BEHALF OF THE BOARD OF DIRECTORS Tom MacNeill, CEO SOURCE Getty Copper Inc.
Cision Canada
24-06-2025
- Business
- Cision Canada
GETTY COPPER INC. ANNOUNCES ENGAGEMENT OF MINCAP
Trading SymbolTSXV: GTC VANCOUVER, BC, June 24, 2025 /CNW/ - Getty Copper Inc. (the "Company") (TSXV: GTC) announces, further to its news release of June 6, 2025, that it has engaged MINCAP Merchant Partners Inc. ("MINCAP") as Financial Advisor, with respect to its review of strategic alternatives. MINCAP will assist the company in analyzing potential transactions and provide a fairness opinion, if required by the Company, with respect to any selected transaction to be submitted for shareholder and /or regulatory approval. Mincap Merchant Partners is a Canadian based firm specializing in strategic advisory and merchant banking services tailored to the global mining and natural resources sector. Forward looking Statements: The foregoing announcement contains forward looking statements. These kind of statements are, by their nature, subject to risks and uncertainties. There is no assurance they will occur. In particular, no agreement has been reached with any party regarding a significant involvement in the Company. Even if such an agreement were reached, its completion would be subject to significant risks including the possibility that any necessary regulatory or shareholder approvals would not be obtained, or that any required financing would not be available. Readers are cautioned to consider these risks when evaluating this information. ON BEHALF OF THE BOARD OF DIRECTORS Tom MacNeill, CEO SOURCE Getty Copper Inc.
Yahoo
24-06-2025
- Business
- Yahoo
GETTY COPPER INC. ANNOUNCES ENGAGEMENT OF MINCAP
Trading Symbol TSXV: GTC VANCOUVER, BC, June 24, 2025 /CNW/ - Getty Copper Inc. (the "Company") (TSXV: GTC) announces, further to its news release of June 6, 2025, that it has engaged MINCAP Merchant Partners Inc. ("MINCAP") as Financial Advisor, with respect to its review of strategic alternatives. MINCAP will assist the company in analyzing potential transactions and provide a fairness opinion, if required by the Company, with respect to any selected transaction to be submitted for shareholder and /or regulatory approval. Mincap Merchant Partners is a Canadian based firm specializing in strategic advisory and merchant banking services tailored to the global mining and natural resources sector. Forward looking Statements: The foregoing announcement contains forward looking statements. These kind of statements are, by their nature, subject to risks and uncertainties. There is no assurance they will occur. In particular, no agreement has been reached with any party regarding a significant involvement in the Company. Even if such an agreement were reached, its completion would be subject to significant risks including the possibility that any necessary regulatory or shareholder approvals would not be obtained, or that any required financing would not be available. Readers are cautioned to consider these risks when evaluating this information. ON BEHALF OF THE BOARD OF DIRECTORS Tom MacNeill, CEO GETTY COPPER 604-931-3231 Fax: 604-931-2814 The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release SOURCE Getty Copper Inc. View original content: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
06-06-2025
- Business
- Yahoo
GETTY COPPER INC. ANNOUNCES EXPLORATION OF STRATEGIC ALTERNATIVES TO MAXIMIZE SHAREHOLDER VALUE
Trading Symbol TSXV: GTC VANCOUVER, BC, June 6, 2025 /CNW/ - Getty Copper Inc. (the "Company") (TSXV: GTC) announces that it has initiated a strategic review process to evaluate a range of alternatives to advance its mineral properties and enhance shareholder value. Alternatives that may be considered include transactions that would result in a change of control of the Company, or the creation of a new control person or persons. Concurrently with this process, the Company will continue to advance existing discussions with a third party regarding a potential transaction. Tom MacNeill, the Company's CEO, said "The objective of this strategic review process is to explore options that will unlock the potential of the Company's properties, leverage increases in commodity prices and provide a platform for continued growth and success. Adverse market sentiment in the sector generally, has seen junior resource companies with excellent economic assets become extremely undervalued. This process creates an opportunity for larger resource players with access to capital and other resources to seek transactions that unlock value to the benefit of all shareholders". It is the Company's current intention not to disclose developments with respect to the strategic review, including existing discussions, until the Board of Directors has approved a specific transaction or otherwise determines that disclosure is necessary or appropriate. The Company cautions that there are no assurances or guarantees that the strategic review will result in a transaction or, if a transaction is undertaken, the terms or timing of such a transaction. Cautionary Statement Regarding Forward Looking Statements: The foregoing announcement contains forward looking statements. These kind of statements are, by their nature, subject to risks and uncertainties. There is no assurance they will occur. In particular, no agreement has been reached with any party regarding a transaction. Even if such an agreement were reached, its completion would be subject to significant risks including the possibility that any necessary regulatory or shareholder approvals would not be obtained, or that any required financing would not be available. Readers are cautioned to consider these risks when evaluating this information. ON BEHALF OF THE BOARD OF DIRECTORS Tom MacNeill, CEO GETTY COPPER INC. Phone: 604-931-3231 Fax: 604-931-2814 The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release SOURCE Getty Copper Inc. View original content: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
