Getty Copper Completes Amalgamation and Secures $15 Million in Private Placement
Getty Copper and Numberco completed a private placement of 125 million subscription receipts at $0.12 each, raising $15 million. The offering, managed by Clarus Securities and Velocity Capital Partners, involved a 6% commission totaling $900,000 and 7.5 million compensation options for agents. The funds will be used to eliminate existing debt, further develop mineral properties, and for corporate purposes.
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On December 4, 2025, Getty Copper and Numberco finalized a private placement, issuing 125 million subscription receipts at $0.12 each, raising $15 million. This placement was conducted under an agency agreement with Clarus Securities and Velocity Capital Partners as lead agents.
The agents received a cash commission of 6% of the gross proceeds, amounting to $900,000, and were granted 7.5 million compensation options to purchase Getty shares at $0.12 each for 12 months post-escrow release. Proceeds will be allocated to retire existing debt, advance mineral property development, and general corporate purposes.
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