Getchell Gold Corp. Announces Bob Bass, Chairman, Increases Holdings
Vancouver, BC – April 15, 2025 – Getchell Gold Corp. (CSE: GTCH) (OTCQB: GGLDF) (FWB: GGA1) ("Getchell" or the "Company") is pleased to announce that Mr. Bob Bass, Chairman of the Company, has exercised 500,000 warrants and continues to increase his holdings in the Company.
Mr. Bass stated, "Through exercising an additional 500,000 warrants and a series of share purchases in the open market, I continue to demonstrate my support for the Company and confidence in the value and growth potential of the Fondaway Canyon gold project. We are working towards a strong year and look forward to the resumption of drilling designed to expand the already sizable mineral resource."
Mr. Bob Bass of Ontario, Canada, through Bass Research Services Ltd., exercised 500,000 warrants for proceeds of $50,000 to the Company. This year to date, Mr. Bass has increased his holdings by 2.2 million shares from the exercise of warrants and the acquisition of securities in the open market.
Considering the foregoing acquisitions, Mr. Bass currently owns and/or has control over an aggregate of 12,882,669 common shares, representing approximately 9.15% 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 16.38% of the Company on a partially diluted basis.
