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WCU.V ·

World Copper Grants Incentive Stock Options

Share Capital & Compensation

#2710-200 Granville Street

Vancouver, BC, Canada, V6C 1S4

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

www.worldcopperltd.com

NR 21-15 August 13, 2021

World Copper Grants Incentive Stock Options

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

the "Company") - (TSX.V: WCU, OTC: WCUFF ) announces that, pursuant to the C ompany's 2021

incentive stock option plan, the C ompany has granted incentive stock options to directors, officers,

employees and consultants of the C ompany to purchase up to 4.4 million common shares in the capital

stock of the Company. The options are exercisable on or before August 13, 202 2, at a price of $0.42 per

share.

ABOUT WORLD COPPER LTD.

World Copper Ltd., headquartered in Vancouver, BC, is a Canadian resource company focused on the

exploration and development of its two primary copper porphyry projects, Escalones and Cristal, both

located in Chile. World Copper has laid claim to five copper porphyry targets, one with estimated resources,

significant soluble copper mineralization, and exciting potential to expand the resource base.

The Escalones porphyry-skarn copper-gold project has estimated resources of 185 million tonnes of 0.33%

copper (0.37% CuEq) Indicated and 254 million tonnes of 0.39% copper (0.43% CuEq) Inferred, based on

nearly 25,000m of drill core from 53 holes. In addition, three significant hydrothermal alteration zones,

each measuring between 2,000m and 3,000m in diameter, lie 8-10km to the north of the main discovery.

Mineral resources are not mineral reserves and do not have demonstrated economic viability as there is no

certainty that all or any part of the resources will be converted into reserves. Inferred resources are that

part of a mineral resource for which quantity and grade or quality are estimated on the basis of limited

geological evidence and sampling. It is reasonably expected that the inferred resources could be upgraded

to indicated resources with continued exploration.

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.

Detailed information is available at the Company 's website at www.worldcopperltd.com, and for general

Company updates you may follow us on our social media pages via Facebook, Twitter & LinkedIn.

For further details on the Company readers are referred to the Company's website. To view the Company's

Canadian regulatory filings, please visit SEDAR.

On Behalf of the Board of Directors of

WORLD COPPER LTD.

"Nolan Peterson"

Nolan Peterson

Chief Executive Officer

World Copper Ltd. 2 August 13, 2021

NR21-15 Continued

#2710-200 Granville

Vancouver, BC, Canada, V6C 1S4

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

www.worldcopperltd.com

For further information, please contact: Henk van Alphen or Michael Pound

Phone: 604-638-3665

E-mail: [email protected]

Media inquiries: Nancy Thompson, Vorticom, Inc.

Phone: 212-532-2208 or 917-371-4053

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 limitat ion, statements with respect to the sampling results from the Escalones

northern targets in the Sampling Program, anticipated exploration program results from exploration activities, the

discovery and delineation of mineral deposits/resources/reserves and the anticipated business plans and timing of

future activities of World Copper are forward- looking statements. Although World Copper 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", "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. In making the forward- looking statements in this news release, World Copper has applied

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

demand and prices, the receipt of any necessary permits, licenses and regulatory approvals in connection with the

future development of World Copper 's Chilean projects in a ti mely manner, including the Escalones Project and the

Cristal project, the availability of financing on suitable terms for the development, construction and continued

operation of World Copper's projects and its 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 World Copper 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, operating and technical difficulties in connection with mineral exploration and development activities,

actual results of exploration activities, including on the Escalones Project and the Cristal p roject, the estimation or

realization of mineral reserves and mineral resources, the fact that World Copper 's interests in the Cristal p roject

and the Escalones exploitation concessions are options only and there i s no guarantee that such interests, if earned,

will be certain, the timing and amount of estimated future production, the costs of production, capital expenditures,

the costs and timing of the development of new deposits, requirements for additional capital, 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 future financings, accidents, labour disputes and other risks of the mining

industry, delays in obtaining governmental approvals, permits or financing or in the completion of development or

construction activities, risks relating to epidemics or pandemics such as COVID –19, including the impact of

COVID-19 on World Copper 's business, financial condition and results of operations, changes in laws, regulations

and policies affecting mining operations, title disputes, the inability of World Copper 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 World

Copper's continuous disclosure documents. All of World Copper'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. World Copper 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.