NWCCF) today announced that it has postponed its annual general meeting (“AGM”) which was originally scheduled
News Release
NORTHWEST COPPER ANNOUNCES AGM TO BE HELD ON SEPTEMBER 6, 2023
Vancouver, BC – May 29, 2023 – NorthWest Copper Corp. (“NorthWest” or the “Company”) (TSX-V: NWST) (OTCQX:
NWCCF) today announced that it has postponed its annual general meeting (“AGM”) which was originally scheduled
for June 23, 2023. The AGM wil l now take place on September 6, 2023. The specific time and location of the AGM
are not yet determined but will be announced when the Company files its management information circular and
related proxy materials in connection with the AGM.
NorthWest has decided that it is in the best interest s of the Company and its shareholders to postpone the AGM as
the Company believes it will allow for the appropriate consideration of the preliminary disclosures made on May 23,
2023 by a dissident shareholder who intends to propose a competing slate of six nominees for the Company’s board
of directors.
The postponement of the AGM will provide additional time for, among other things:
• a detailed review of the purported experience and qualifications of the dissident’s nominees;
• the preparation of a management information circular that will fully inform shareholders about the
important voting decision they face; and
• a determination by the Board as to whether there might be an opportunity to have further discussions with
the dissident that avoids the distraction and expense of a proxy contest.
NorthWest takes seriously its role in shareholder engagement and corporate governance and believes that the
current strategy and leadership provides the best path to success.
Advisors
Northwest Copper has retained Norton Rose Fulbright Canada LLP as legal counsel, Kingsdale Advisors as strategic
shareholder advisor, and Longview Communications and Public Affairs as communications advisor.
About NorthWest Copper:
NorthWest Copper is a new copper -gold explorer and developer with an exciting pipeline of projects in British
Columbia. With a robust portfolio in a tier on e jurisdiction, NorthWest Copper is well positioned to participate fully
in a strengthening global copper market. We are committed to responsible mineral exploration which involves
working collaboratively with First Nations to ensure future development inc orporates stewardship best practices
and respects traditional land use. Additional information can be found on the Company’s website at
www.northwestcopper.ca.
On Behalf of the Board of Directors of NorthWest Copper Corp.
“Mark O’Dea”
Chair, Director
For further information, please contact:
Investor contact:
Peter Lekich, Director Investor Relations
Tel: 604-697-4962
Email: [email protected]
Media contact:
Longview Communications and Public Affairs
Alan Bayless (604) 417-9645; [email protected]
Joel Shaffer: (416) 649-8006; [email protected]
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release
Cautionary Statement Regarding Forward-Looking Information
This news release contains forward-looking statements and information within the meaning of applicable securities law, including
but not limited to statements regarding the date of the postponed AGM and matters related thereto. Forward-looking information
is often, but not always, identified by the use of words s uch as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect” and
“intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar
expressions. All statements, other than statements o f historical fact, included herein, constitutes forward- looking information.
Although NorthWest believes that the expectations reflected in such forward- looking information and/or information are
reasonable, undue reliance should not be placed on forward-looking information since NorthWest can give no assurance that such
expectations will prove to be correct. Forward -looking information involves known and unknown risks, uncertainties and other
factors that may cause actual results or events to differ materi ally from those anticipated in such forward- looking information,
including the risks, uncertainties and other factors identified in NorthWest’s periodic filings with Canadian securities regulators.
Forward-looking information are subject to business and ec onomic risks and uncertainties and other factors that could cause
actual results of operations to differ materially from those contained in the forward- looking information. Important factors that
could cause actual results to differ materially from NorthWe st’s expectations include risks associated with the business of
NorthWest; risks related to reliance on technical information provided by NorthWest; risks related to exploration and potenti al
development of the Company’s mineral properties; business and economic conditions in the mining industry generally; fluctuations
in commodity prices and currency exchange rates; uncertainties relating to interpretation of drill results and the geology,
continuity and grade of mineral deposits; the need for cooperation of government agencies and First Nation groups in the
exploration and development of properties and the issuance of required permits; the need to obtain additional financing to
develop properties and uncertainty as to the availability and terms of future f inancing; the possibility of delay in exploration or
development programs and uncertainty of meeting anticipated program milestones; uncertainty as to timely availability of
permits and other governmental approvals; and other risk factors as detailed from time to time and additional risks identified in
NorthWest’s filings with Canadian securities regulators on SEDAR in Canada (available at www.sedar.com). Forward -looking
information is based on estimates and opinions of management at the date the information are made. NorthWest does not
undertake any obligation to update forward-looking information except as required by applicable securities laws. Investors should
not place undue reliance on forward-looking information.