Getchell Gold Corp. Announces Settlement of All Outstanding Debentures
Vancouver, BC – August 25, 2025 – Getchell Gold Corp. (CSE: GTCH) (OTCQB: GGLDF) (FWB: GGA1) ("Getchell" or the "Company") is pleased to announce that the Company has extinguished all remaining debt with the final settlement of outstanding debentures ("Debentures") in the aggregate principal amount of $275,430.
As previously disclosed (see news releases dated June 25, 2025, and June 16, 2025), Debentures with an aggregate principal amount of $4,087,888, together with accrued interest of $613,794.20, were converted into a total of 23,508,412 units during June 2025. At that time, Debentures with a remaining principal amount of $275,430 remained outstanding.
The Company has now fully repaid the remaining Debentures and all accrued interest. On August 22, 2025, the Company paid $119,691 in cash, representing $70,000 in principal and $49,691 in accrued interest. In addition, $205,430 of principal was applied to the exercise of 2,054,300 previously issued Debenture warrants, resulting in the issuance of 2,054,300 common shares of the Company at a price of $0.10 per share.
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