Getty Copper Inc Announces Up to C$15 Million Offering

Getty Copper Inc., a Canadian-based mineral exploration and development company focused on the Highland Valley region of British Columbia, has announced plans to raise up to C$15 million through a private placement offering. The company is entering into an agreement with Velocity Capital Partners, as lead agent and joint bookrunner, and Clarus Securities Inc., as co-lead agent and joint bookrunner, to facilitate the offering.

The offering will consist of two types of common shares that qualify as "flow-through shares" under the Income Tax Act (Canada). The first type, known as BC Charity FT Shares, will be issued at a price of C$1.395 per share, with an expected gross proceeds of up to approximately C$13 million. The second type, Charity FT Shares, will be issued at a price of C$1.305 per share, with an expected gross proceeds of up to approximately C$2,000,000. These shares will be offered on a non-brokered private placement basis.

These expenditures must be incurred on or before December 31, 2027, and the company will renounce all such expenditures in favor of the initial subscribers of the offered securities effective December 31, 2026, in an aggregate amount not less than the gross proceeds from the sale of the offered securities.

The offering is expected to close on or about September 30, 2026, or such other date as the company and the agents may agree. The offering is subject to certain conditions, including the receipt of all necessary regulatory and other approvals, including the acceptance of the TSX Venture Exchange (TSXV).

The terms BC Charity FT Shares, Charity FT Shares, and FT Shares are collectively referred to as the "Offered Securities." In the event that the company does not renounce on or prior to December 31, 2026, Qualifying Expenditures in amount equal to the BC Charity FT Issue Price, the Charity FT Issue Price and the FT Share Issue Price for each BC Charity FT Share, Charity FT Share and FT Share purchased and/or if the amount of the Qualifying Expenditures is reduced upon assessment or reassessment by the Canada Revenue Agency, the company will indemnify each applicable subscriber for the additional income taxes payable by such subscriber as a result of the company's failure to renounce the Qualifying Expenditures or as a result of the reduction.

The Offering is being completed pursuant to the Listed Issuer Financing Exemption under Part 5A of National Instrument 45-106, as amended by Coordinated Blanket Order 45-935 - Exemptions from Certain Conditions of the Listed Issuer Financing Exemption. Because the Offering is being completed pursuant to the Listed Issuer Financing Exemption, the Offered Securities issued in the Offering will not be subject to a hold period pursuant to applicable Canadian securities laws.

There is an offering document related to the Offering (the "Offering Document") that can be accessed under the Company's profile at www.sedarplus.ca and on the Company's website at www.gettycopper.com. Prospective investors should read this Offering Document before making an investment decision concerning the Offered Securities.

The Offered Securities have not been and will not be registered under the United States Securities Act of 1933, as amended, or any U.S. state securities laws, and may not be offered or sold in the United States absent registration or available exemptions from such registration requirements. This press release does not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

This news release is not for distribution to U.S. newswire services or for dissemination in the United States. To view the source version of this press release, please visit www.newsfilecorp.com/release/314966. Source: Getty Copper Inc.