Georgetown Capital Corp. Announces Option Agreement for Qualifying Transaction

Georgetown Capital Corp. (TSXV:GET.P) announced that it has entered into an agreement with Full Metal Minerals USA Inc., a wholly owned subsidiary of Full Metal Minerals Ltd. (TSXV:FMM), dated October 6, 2010 which grants the Company’s Alaskan subsidiary an exclusive right to acquire a 60% undivided beneficial interest in the Tanacross mineral property in Alaska.

The press release is quoted as saying:

Upon Georgetown earning its 60% interest, the parties will form a joint venture whereby each party must proportionately contribute to future programs or be diluted to a net profits interest.

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