Total Erickson adds to Getty shareholding

Total Erickson Resources has acquired 250,000 shares of Getty Resources in a private transaction. That increases Erickson’s interest in Getty to 1,089,300 shares or about 11.6% of Getty’s outstanding shares.

Getty’s main asset is a 49% joint venture interest in the Tundra gold project with Noranda Exploration about 130 miles northeast of Yellowknife, N.W.T. Erickson, which is 59% owned by Total Compagnie Francaise des Petroles of France, has a 37% interest in and manages the Mt. Skukum gold mine in British Columbia.