11:53:31 EDT Fri 09 May 2025
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Getchell Gold Corp (2)
Symbol GTCH
Shares Issued 135,261,699
Close 2025-02-12 C$ 0.225
Market Cap C$ 30,433,882
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Getchell Gold chairman exercises one million warrants

2025-02-13 07:49 ET - News Release

Mr. Bob Bass reports

GETCHELL GOLD CORP. ANNOUNCES BOB BASS, CHAIRMAN, EXERCISES ONE MILLION WARRANTS

Getchell Gold Corp. chairman Bob Bass has exercised one million warrants.

Mr. Bass stated: "I am fully committed and motivated by the immense potential of the Fondaway Canyon gold project. To demonstrate my staunch belief and the degree of confidence I have in this venture, I have exercised one million warrants and contributed personal funds to strengthen and support the company towards achieving its goals."

Mr. Bass of Ontario, Canada, through Bass Research Services Ltd., exercised one million warrants for proceeds of $100,000 to the company. Further to the receipt of one million shares from the exercise of the warrants, Mr. Bass increased his holdings by an additional 185,000 shares through the recent acquisition of securities in the open market, subsequent to the announcement of the preliminary economic assessment technical report on the Fondaway Canyon gold project, on Jan. 23, 2025.

Considering the foregoing acquisitions, Mr. Bass currently owns and/or has control over an aggregate of 11,786,589 common shares, representing approximately 8.71 per cent of the issued and outstanding shares of the company on an undiluted basis. Accounting for the remaining convertible securities held or controlled by Mr. Bass, his aggregate ownership increases to 15.98 per cent of the company on a partially diluted basis.

Mr. Bass and Mike Sieb, president, will be attending the Prospectors and Developers Association of Canada's annual convention in Toronto convening March 2 to March 5, 2025. Kindly reach out to Karen Mate, corporate communications, if you would like to arrange a meeting to discuss the company's plans for 2025 and the opportunity that Getchell Gold and the Fondaway Canyon gold project represent.

About Getchell Gold Corp.

The company is a Nevada-focused gold and copper exploration company. Getchell Gold is primarily directing its efforts on its most advanced-stage asset, Fondaway Canyon, a past gold producer with a large mineral resource estimate and a recently published, robust preliminary economic assessment. Complementing Getchell's asset portfolio is Dixie Comstock, a past gold producer with a historical resource, and the high-grade Star copper-gold-silver projects.

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