| Getty Copper Inc. enters into an agreement with Robak Industries Ltd. | |
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Trading Symbol TSX V: GTC
VANCOUVER , Sept. 24, 2015 /CNW/ - John Lepinski, Managing Director of Getty Copper Inc. (TSXV: "GTC") today announced that the Company has entered into an agreement with Robak Industries Ltd., a company owned and controlled by John Lepinski a company director, whereby the Getty South property in which each of the Company and Robak owns a 50% interest, will be unitized with the balance of the Company's property in the Highland Valley adjacent to Teck Resources Inc., Highland Valley Copper mine and a former copper producer, Bethlehem Copper.
The parties have formed a holding company, Getty Mineral Holdings Ltd., to hold the unitized property and the Company will hold 82% of the shares and Robak 18% of the shares.
The ratio was agreed upon by using the reserve calculations on the Company's property and the portion of such reserves located on the Getty South deposit in relation to the reserves on the balance of the property based on the Pre‑Feasibility technical report filed on SEDAR on May 25, 2010.
The Company believes that unitizing the property will be beneficial to its potential development.
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.
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VanEck Vectors Global Alternative Energy ETF
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EN DÉVELOPPEMENT |
CODE : GTC.V |
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Getty Copper est une société d’exploration minière de cuivre basée au Canada. Getty Copper est en développement de projets de cuivre et de molybdène au Canada, et détient divers projets d'exploration au Canada. Son principal projet en développement est GETTY NORTH DEPOSIT au Canada et son principal projet en exploration est GETTY SOUTH DEPOSIT au Canada. Getty Copper est cotée au Canada. Sa capitalisation boursière aujourd'hui est 1,9 millions (1,4 millions US$, 1,3 millions €). La valeur de son action a atteint son plus haut niveau récent le 09 janvier 2004 à 0,86 , et son plus bas niveau récent le 11 novembre 2016 à 0,01 . Getty Copper possède 47 442 200 actions en circulation. |