World Copper Announces CEO Transition
#2710-200 Granville Street
Vancouver, BC, Canada, V6C 1S4
T: 604-638-3287 / F: 604-408-7499
www.worldcopperltd.com
NR-23-11 November 17, 2023
World Copper Announces CEO Transition
FOR IMMEDIATE RELEASE...Vancouver, British Columbia: World Copper Ltd. ("World Copper" or
the "Company"; TSXV: WCU, OTCQX: WCUFF, FSE:7LY0) reports that Nolan Peterson has resigned
as Chief Executive Officer and President of the Company. Mr. Peterson resigned to pursue other
opportunities and the board of directors and management of the Company wish him well in his future
endeavours.
The Company has appointed Hendrik van Alphen, current Chairman of the Board, as Interim Chief
Executive Officer and President until a permanent candidate is identified.
Mr. van Alphen remarke d “I am glad to take on the role of interim CEO as we retrench the C ompany in
this current difficult market to set the stage for new permanent leadership and new corporate development.
While there are many short-term headwinds presently, the business case for copper is as strong as ever, and
World Copper has great assets to capitalize on the long-term upward trend.”
ABOUT WORLD COPPER LTD.
World Copper Ltd., headquartered in Vancouver, BC, is a Canadian resource company focused on the
exploration and development of its copper porphyry projects: Escalones and Cristal in Chile, and Zonia in
Arizona. Two of these projects have estimated resou rces with significant soluble copper mineralization,
and each has additional copper porphyry targets with exciting potential to expand the resource base.
Detailed information is available at World Copper's website at www.worldcopperltd.com, and for general
Company updates you may follow us on our social media pages via Facebook, Twitter & LinkedIn.
On Behalf of the Board of Directors of
WORLD COPPER LTD.
"Hendrik van Alphen "
Hendrik van Alphen
Director & Chairman
For further information, or to schedule a Zoom meeting with Management, please contact:
Hendrik van Alphen or Michael Pound
Phone: 604-638-3287
E-mail: [email protected]
World Copper Ltd. - 2 - November 17, 2023
NR-23-11 Continued
1383-8251-4184, v. 1
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Liviakis Financial Communications Inc.
Phone: 415-389-4670
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Office: 212-532-2208 | Mobile: 917-371-4053
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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 news release.
Cautionary Note Regarding Forward-Looking Statements
This news release contains forward- looking statements and forward- looking information (collectively, "forward
looking statements") within the meaning of applicable Canadian and U.S. securities legislation. All statements, other
than statements of historic al fact, included herein, including, without limitation, statements regarding the
identification of a permanent Chief Executive Officer and President, are forward -looking statements. Although the
Company believes that such statements are reasonable, it ca n give no assurance that such expectations will prove to
be correct. Forward-looking statements are typically identified by words such as: "believes", "expects", "anticipates",
"intends", "estimates", "plans", "may", "should", "would", "will", "potential", "scheduled" or variations of such words
and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would,
might or will occur or be taken or achieved. Forward- looking statements involve known and unkn own risks,
uncertainties and other factors which may cause the actual results, performance or achievements of the Company to
differ materially from any future results, performance or achievements expressed or implied by the forward looking
information. Such risks and other factors include, among others, statements as to the anticipated business plans,
direction and timing of future activities of the Company, the ability of the Company to obtain sufficient financing to
fund its business activities and plans , delays in obtaining governmental and regulatory approvals (including of the
TSX Venture Exchange), permits or financing, changes in laws, regulations and policies affecting mining operations,
currency fluctuations, title disputes or claims, environmental issues and liabilities, risks relating to epidemics or
pandemics such as COVID –19, including the impact of COVID –19 on the Company's business, financial condition
and results of operations, changes in laws, regulations and policies affecting mining operat ions, title disputes, the
inability of the Company to obtain any necessary permits, consents, approvals or authorizations, the timing and
possible outcome of any pending litigation, environmental issues and liabilities, and risks related to joint venture
operations, and other risks and uncertainties disclosed in the Company's continuous disclosure documents. All of the
Company's Canadian public disclosure filings may be accessed via www.sedarplus.ca and readers are urged to review
these materials.
Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not undertake
any obligation to update any of the forward- looking statements in this news release or incorporated by reference
herein, except as otherwise required by law..