Getty Copper Inc. announces it has completed the unitization of the Getty Properties
VANCOUVER, Nov. 27, 2015 /CNW/ - Getty Copper Inc. (TSXV: "GTC") ("Getty" or the "Company") today announced that further to its news release dated September 24, 2015 and the agreement dated September 22, 2015, among Getty, Robak Industries Ltd. ("Robak") and Getty Mineral Holdings Ltd. ("Holdings"), the Company has completed the unitization of the Getty property and the Getty South property (collectively, the "Getty Properties"). As a result, Holdings now holds the Getty Properties with the Company holding 82% of the shares of Holdings and Robak holding 18% of the shares of Holdings. All claims remain subject to a net smelter return royalty in favour of Robak Industries Ltd. The unitization of the Getty Properties is expected to be beneficial to its potential development of the unitized property as a whole.
ON BEHALF OF THE BOARD OF DIRECTORS
John B. Lepinski
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
SOURCE Getty Copper Inc.
Contact
John B. Lepinski, Chief Executive Officer and Chief Operating Officer, Getty Copper Inc., Phone: 604-931-3231 Fax: 604-931-2814
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