WCU.V · 2024-11-27 12:00:00

World Copper Arranges $1.5 Million Financing

Financings

**NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO

UNITED STATES NEWS WIRE SERVICES**

#1570 - 200 Burrard Street

Vancouver, BC, Canada, V6C 3L6

T: 604-638-3287 / F: 604-408-7499

www.worldcopperltd.com

NR-24-18 November 27, 2024

World Copper Arranges $1.5 Million Financing

FOR IMMEDIATE RELEASE...Vancouver, British Columbia: World Copper Ltd. ("World Copper" or

the " Company"; TSXV: WCU, OTCQB : WCUFF, FSE:7LY0) announces a non- brokered private

placement (the “Placement”) of up to 18,750 ,000 units (the "Units") at a price of $0.08 per Unit (the

"Offering") for gross proceeds of up to $1 ,500,000. Each Unit will consist of one common share of the

Company (a "Share") and one common share purchase warrant (a "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.

Insiders may participate and finders’ fees may be payable to qualified arm's length parties that have

introduced the Company to certain subscribers participating in the Offering. All securities issued in the

Offering are subject to a four-month hold period, during which time the securities may not be traded.

Closing of the Offering is subject to the approval of the TSXV.

The net proceeds from the Offering are intended for an expansion drill program and general working capital.

This press release does not constitute an offer of sale of any of the foregoing securities in the United States.

None of the foregoing securities have been and will not be registered under the U.S. Securities Act of 1933,

as amended (the “1933 Act”) or any applicable state securities laws and may not be offered or sold in the

United States or to, or for the account or benefit of, U.S. persons (as defined in Regulation S under the 1933

Act) or persons in the United States absent registration or an applicable exemption from such registration

requirements. This press release does not constitute an offer to sell or the solicitation of an offer to buy nor

will there be any sale of the foregoing securities in any jurisdiction in which such offer, solicitation or sale

would be unlawful.

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.

"Gordon Neal "

Gordon Neal

Chief Executive Officer and President

World Copper Ltd. - 2 - November 27, 2024

NR-24-18 Continued

For further information, or to schedule a Zoom meeting with Management, please contact:

Gordon Neal or Michael Pound

Phone: 604-638-3287

E-mail: [email protected]

For all Investor Relations inquiries, please contact:

John Liviakis

Liviakis Financial Communications Inc.

Phone: 415-389-4670

For all Public Relations inquiries, please contact:

Nancy Thompson

Vorticom, Inc.

Office: 212-532-2208 | Mobile: 917-371-4053

Twitter: https://twitter.com/WorldCopperLtd

Facebook: https://www.facebook.com/WorldCopperLtd

LinkedIn: https://www.linkedin.com/company/worldcopperltd

Neither TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV)

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, including the United

States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact,

included herein including, without limitation, statements with respect to the anticipated business plans and timing of

future activities of the Company, are forward- looking statements. Although the Company believes that such

statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking

statements are typically identified by words such as: “believes”, “expects”, “ant icipates”, “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. In making the forward- looking statements in this news release, the Company has applied

several material assumptions, including without limitation, that market fundamentals will result in sustained copper

and precious metals demand and prices, the receipt of any necessary permits, licenses and regulatory approvals in

connection with the future development of the Company’s projects in a timely manner, the availability of financing on

suitable terms for the development, construction and continued operation of the Company’s projects and the

Company’s ability to comply with environmental, health and safety laws.

Forward-looking statements involve known and unknown 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, requirements for additional capital, actual results of exploration activities, including on the Escalones

Project and the Cristal Project, the reasonability of the economic assumptions at the basis of the results of the PEA

for the Zonia Project, the estimation or realization of mineral reserves and mineral resources, future prices of copper,

changes in general economic conditions, changes in the financial markets and in the demand and market price for

commodities, lack of investor interest in the Private Placement, accidents, labour disputes and other risks of the

mining industry, delays in obtaining governmental approvals (including acceptance of the Private Placement by the

TSXV), permits or financing or in the completion of development or construction activities, risks relating to epidemics

or pandemics, including the impact of an epidemic or pandemic on the Company's business, financial condition and

results of operations, changes in laws, regulations and policies affecting mining operations, title disputes, the timing

and possible outcome of any pending litigation, environmental issues and liabilities, as well as the risk factors

World Copper Ltd. - 3 - November 27, 2024

NR-24-18 Continued

described in the Company's annual and quarterly management's discussion and analysis and in other filings made by

the Company with Canadian securities regulatory authorities under the Company's profile at www.sedar.com .

Readers are cautioned not to place undue reliance on forward- looking statements. The Company undertakes no

obligation to update any of the forward- looking statements in this news release or incorporated by reference herein,

except as otherwise required by law.

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