World Copper Confirms Insider Participation in Non-Brokered Private Placement
#2710-200 Granville Street
Vancouver, BC, Canada, V6C 1S4
T: 604-638-3287 / F: 604-408-7499
www.worldcopperltd.com
NR-22-22 September 7, 2022
World Copper Confirms Insider Participation in
Non-Brokered Private Placement
FOR IMMEDIATE RELEASE...Vancouver, British Columbia: World Copper Ltd. (" World Copper" or
the " Company"; TSXV: WCU, OTC QX: WCUFF, FRA: 7LY0) reports that, pursuant to their news
releases dated June 29, 2022, July 21, 2022 and August 31, 2022, the Company reports that i n 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 61-101 – Protection of Minority Security Holders in Special
Transactions ("MI 61 -101”). The Company is relying on the exemptions from the formal valuation and
minority approval requirements under MI 61- 101. The Company is exempt from the formal valuation and
minority approval requirements of MI 61-101 in reliance on sections 5.5(a) and 5.7(1)(a) of MI 61-101 as
the fair market value of the transaction, insofar as it involves interested parties, is not more than the 25%
of the Company's market capitalization.”
ABOUT WORLD COPPER LTD.
World Copper Ltd., headquartered in Vancouver, BC, is a Canadian resource company focused on the
exploration and development of its advanced (PEA Stage) copper porphyry projects: Escalones in Chile,
and Zonia in Arizona. These projects have estimated resources with significant soluble copper (potentially
heap leach amenable) mineralization. In addition, each project has peripheral copper porphyry exploration
targets with exciting potential to expand the established resources. World Copper is an aggressive junior
resource company focused on advancing mining and exploration projects and controls significant copper
oxide resources in proven mining jurisdictions.
The World Copper team has a unique skill in navigating the mining sector within Chile, with some members
having worked in the country for more than 40 years and with discovery success.
On Behalf of the Board of Directors of
WORLD COPPER LTD.
"Nolan Peterson"
Nolan Peterson
Chief Executive Officer
For further information, or to schedule a Zoom meeting with Management, please contact:
Nolan Peterson or Michael Pound
Phone: 604-638-3287
E-mail: [email protected]
World Copper Ltd. - 2 - September 7, 2022
NR22-22 Continued
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
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Twitter: https://twitter.com/WorldCopperLtd
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LinkedIn: https://www.linkedin.com/company/worldcopperltd
Cautionary Note Regarding Forward-Looking Statements
This news release contains forward -looking statements and forward- looking information (collectively, "forw ard-
looking statements") within the meaning of applicable Canadian and U.S. securities legislation. All statements, other
than statements of historical fact, included herein are forward- looking statements. Although the Company believes
that such statemen ts 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", "anticipates", "intends",
"estimates", "plans", "may", "should", "wou ld", "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 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, statements as to the anticipated business plans 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 operations, 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.sedar.com 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.