World Copper Ltd. announces that pursuant to their news release dated March 8, 2023, they have increased the size of the non-brokered private placement to up to 8,888,889 units at a price of $0.18 per Unit for gross proceeds of up to $1,600,000. All terms remain the same with each consisting of one common share of the Company and one-half of one common share purchase warrant . Each whole Warrant entitles the holder to [...]
World Copper Ltd. reports, further to its news release on January 25, 2023, that the sale to Wealth Minerals Ltd. of 2,000,000 common shares in the capital of Electric Royalties Ltd. for a purchase price of $0.25 per ELEC Share has now closed. On closing, the Company received the aggregate amount of CAD $500,000 cash. As Wealth holds more than 10% of the issued and outstanding common shares of the Company ), the [...]
World Copper Ltd. announces a non-brokered private placement of up to 6,944,444 units at a price of $0.18 per Unit for gross proceeds of up to $1,250,000. Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant . Each whole Warrant entitles the holder to acquire one additional share of the Company for a period of two years from the date of issuance at a price of $0.30 [...]
World Copper Ltd. , reports that pursuant to their news release dated December 29, 2022, the TSX Venture Exchange has accepted the consolidation and extension of the due dates on advances from E.L. II Properties Trust, a company owned by Robert C. Kopple, a director of the Company . Four loans in the aggregate amount of USD 1,065,265 equivalent Canadian amount converted at CAD 1.3565, CAD 1,445,031.97 have been extended [...]
World Copper Ltd. announces the results of an updated mineral resource estimate for the Zonia copper-oxide deposit in Arizona, USA . The updated mineral resource estimate includes 75.7 million short tons grading 0.30% total-copper containing 450.5 million pounds of copper and 122.0 million short tons grading 0.24% total-copper containing 575.4 million pounds of copper , which is a significant expansion of the Historical [...]
World Copper Ltd. , announces that it has entered into a share purchase agreement with Wealth Minerals Ltd. whereby the Company will sell to Wealth 2,000,000 common shares in the capital of Electric Royalties Ltd. for a purchase price of $0.25 per ELEC Share for the aggregate amount of $500,000 cash , subject to acceptance for filing by the TSX Venture Exchange . As Wealth holds more than 10% of the issued and outstanding [...]
World Copper Ltd. , reports that, subject to TSX Venture Exchange acceptance, the Company will extend the due dates on advances from E.L. II Properties Trust, a company owned by Robert C. Kopple, a director of the Company . There are three loans in the aggregate amount of USD 1,065,265 equivalent Canadian amount converted at CAD 1.3565, CAD 1,445,031.97 . The Company has arranged to extend the due dates on the three loans [...]
Cancels and Grants Incentive Stock Options World Copper Ltd. - reports that its shareholders have approved all matters voted on at the annual general and special meeting held on September 27, 2022 . Results of Annual General and Special Meeting A total of 31,525,821 common shares were represented in person or by proxy at the AGSM, representing 29.41% of the Company's issued and outstanding common shares. All directors [...]
World Copper Ltd. announces drill results from the Mancha Amarilla target at the Company's Escalones Copper project in Central Chile . The Escalones Project has estimated Inferred Mineral Resources of 426 million tonnes of 0.367% copper, based on nearly 25,000 metres of drill core from 53 holes . World Copper has now completed 1,676 metres of additional drilling along the western-most, road accessible edge of the Mancha [...]
World Copper Ltd. reports that, pursuant to their news releases dated June 29, 2022, July 21, 2022 and August 31, 2022, the Company reports that in connection with the first tranche closing of the private placement on July 21, 2022, Hendrik van Alphen, Director and Chairman participated as to 666,667 units. This transaction constituted a "related party transaction" as such term is defined under Multilateral Instrument [...]
World Copper Ltd. announces that the previously announced sale to Electric Royalties Ltd. of a gross revenue royalty and royalty option package on the Company's wholly owned Zonia Copper Oxide project , located in the Walnut Grove Mining District, Yavapai County, Arizona, United States , has now closed. On closing, the Company received CAD $1.55 million in cash and 2,000,000 Electric Royalties' common shares from the sale [...]
World Copper Ltd. reports that, pursuant to their news releases dated July 21, 2022 and June 29, 2022, the Company has closed the final tranche of the Placement. On August 31, 2022 the Company issued 5,276,501 Units for gross proceeds of $1,582,950.30. Each unit consists of one common share and one-half of one common share purchase warrant . Each whole Warrant entitles the holder to acquire one additional share of the [...]