World Copper Ltd. announces that the Company has entered into a binding letter agreement made as of February 12, 2025 to sell its interest in the Zonia copper project located in the Walnut Grove Mining District, Yavapai County, Arizona to an arm's length third party in consideration for CAD $26.0 million cash , payable in tranches . The Letter Agreement provides for a 90-day due diligence period and sets forth the [...]
World Copper Ltd. announces a non-brokered private placement of up to 18,750,000 units at a price of $0.08 per Unit for gross proceeds of up to $1,500,000. Each Unit will consist of one common share of the Company and one common share purchase warrant . Each Warrant entitles the holder to acquire one additional share of the Company for a period of three years from the date of issuance at a price of $0.16 per share [...]
World Copper Ltd. announces that the Company has initiated a strategic review process and has engaged Origin Merchant Partners to assist it in its review. The Advisor will work with World Copper's management and Board to evaluate a range of strategic alternatives that may be available to the Company to grow and maximize value for all shareholders . There can be no assurance that this process will result in any specific [...]
Provides ATM Quarterly Report This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated July 17, 2024 to its short form base shelf prospectus and amended and restated short form base shelf prospectus dated June 7, 2024 World Copper Ltd. announces an amended mineral resource estimate for the Zonia copper-oxide deposit in Arizona, USA , and has filed an amended [...]
This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated July 17, 2024 to its short form base shelf prospectus and amended and restated short form base shelf prospectus dated June 7, 2024 World Copper Ltd. is pleased to announce that further to its news release dated September 9, 2024, World Copper has filed on SEDAR+ a National Instrument 43-101 Standards of [...]
World Copper Ltd. announces, project updates. Zonia The Company announces the results of an updated mineral resource estimate for the Zonia copper-oxide deposit in Arizona, USA . The updated estimate includes 113.2 million short tons grading 0.303% total-copper in the Indicated category , and 59.2 million short tons grading 0.254% total-copper in the Inferred category, . This is a significant expansion of the 2023 [...]
World Copper Ltd. announces an upcoming corporate update webinar, scheduled for September 5, 2024 at 1:15pm PST. Webinar Details Time: 1:15pm PST / 4:15 PM EST Date: September 5, 2024 Speaker: Gordon Neal, President & CEO Link: https://event.webinarjam.com/channel/WCU-Webinar Shareholders and attendees are encouraged to submit questions and comments for management review to info@worldcopperltd.com prior to the webinar [...]
World Copper Ltd. . As a past producer, Zonia hosts over 7.1 million tons of run-of-mine mineralized material placed on three leach pads in the 1970's. This material is not currently considered in the project's Mineral Resource Estimate. This partially processed material is located on private patented land and is easily accessible . It presents a significant opportunity to add value to the project and could potentially [...]
World Copper Ltd. is pleased to provide the following update on corporate activities, as well as additional insights into the Company's operations over the past six months from Gordon Neal, President, Director and CEO of World Copper. World Copper appointed Gord Neal as its CEO a little over six months ago, and it would like to properly introduce him and his work history to the Company's shareholders. Gord Neal originally [...]
Amends Loan Extension Agreement World Copper Ltd. announces that the Company has established an at-the-market equity program that allows World Copper to issue and sell common shares from treasury having an aggregate gross sales amount of up to $25 million to the public, over an approximately two year period , from time to time through BMO Capital Markets , as sole agent. Sales of the Common Shares under the ATM program [...]
World Copper Ltd. provides an update on its Zonia copper-oxide project in Arizona, USA . A review of historical data by World Copper's newly formed Technical Advisory Committee has revealed the potential for re-processing mineralized material that was included in the historical mine plan at the Zonia Project. This material, located on heap leach pads from historical production on private patented land, and last processed [...]
World Copper Ltd. is pleased to provide a general corporate update regarding the Company's assets and direction. Zonia Project Update Going forward the Company will be focusing its efforts on the Zonia Project as our flagship asset, with the aim of working to advance Zonia to a bankable feasibility study and then proceeding into construction and production. Given the current global copper supply deficit, management's [...]
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