Getchell Gold Corp. Announces Non-Brokered Private Placement

About this update from Getchell Gold Corp.

[{"type":"text","content":"Getchell Gold Corp. Announces Non-Brokered Private PlacementVancouver, British Columbia--(Newsfile Corp. - June 5, 2023) - Getchell Gold Corp. (CSE: GTCH) (OTCQB: GGLDF) (\"Getchell\" or the \"Company\") is pleased to announce that it is conducting a non-brokered private placement offering of up to 12,500,000 Units (the \"Units\") at a price of $0.20 per Unit for aggregate gross proceeds of up to $2,500,000 (the \"Private Placement\"). Each Unit consists of one common share and one-half of one warrant (each whole warrant, a \"Warrant\") of the Company. Each Warrant entitles the holder to acquire one additional common share at a price of $0.35 per share for a period of two years from the date of closing.The proceeds from the Private Placement will be used for exploration and development of the Company's properties and general working capital. In connection with the Private Placement, the Company may pay finder's fees of up to 8% cash, 8% warrants (the \"Finder's Warrants\"), and up to 8% units (the \"Finder's Units\"). Each Finder's Unit will be comprised of one common share and one half of one warrant (each whole warrant a \"Finder's Unit Warrant\"). Each Finder's Warrant and Finder's Unit Warrant will entitle the holder to acquire one additional common share of the Company at a price of $0.35 per share for a period of two years from the date of closing.The securities to be issued in connection with the Private Placement are subject to a statutory four-month hold period, in accordance with applicable securities laws.The securities offered have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or applicable exemption from the registration requirements.About Getchell Gold Corp.The Company is a Nevada focused gold and copper exploration company trading on the CSE: GTCH and OTCQB: GGLDF. Getchell Gold is primarily directing its efforts on its most advanced stage asset, Fondaway Canyon, a past gold producer with a significant in-the-ground historic resource estimate. Complementing Getchell's asset portfolio is Dixie Comstock, a past gold producer with a historic resource and two earlier stage exploration projects, Star (Cu-Au-Ag) and Hot Springs Peak (Au). Getchell has the option to acquire 100% of the Fondaway Canyon...

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