World Copper Initiates Strategic Review Process and Engages Advisor
#1570 - 200 Burrard Street
Vancouver, BC, Canada, V6C 3L6
T: 604-638-3287 / F: 604-408-7499
www.worldcopperltd.com
NR2-17 November 20, 2024
World Copper Initiates Strategic Review Process and
Engages Advisor
FOR IMMEDIATE RELEASE…Vancouver, British Columbia: World Copper Ltd. ("World Copper " or
the "Company"; TSXV: WCU, OTCQB: WCUFF, FSE: 7LY0) announces that the Company has initiated
a strategic review process and has engaged Origin Merchant Partners (the "Advisor") to assist it in its
review. The Advisor will work with World Copper's management and Board to evaluate a range of strategic
alternatives that may be available to the Company to grow and maximize value for all shareholders
(the "Engagement"). There can be no assurance that this process will result in any specific strategic plan
or financial transaction and no timetable has been s et for its completion. The Company does not plan to
provide updates on the status of the review unless there are material developments to report.
Gord Neal World Copper CEO said: "This strategic process has derived from numerous interested corporate
entities that have approached World Copper over the past few weeks . Adverse market sentiment has seen
junior resource companies with excellent economic assets become extremely undervalued. This process
creates an opportunity for larger resource players to seek transactions that can benefit all shareholders".
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: Zonia in Arizona and Escalones in Chile.
Both projects have estimated resources with significant soluble copper mineralization, and they boast
exciting potential to expand the resource base. The Company is dedicated to sustainable practices and
leveraging technology to develop safe and productive mining operations in stable, mining- friendly
jurisdictions.
Detailed information is available at World Copper's website at https://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
President & Chief Executive Officer
For further information, or to schedule a Zoom meeting with Management, please contact:
Gordon Neal or Michael Pound
Phone: 604-638-3287
Email: [email protected]
World Copper Ltd. - 2 - November 20, 2024
NR2-XX Continued
#1570 - 200 Burrard Street
Vancouver, BC, Canada, V6C 3L6
T: 604-638-3287 / F: 604-408-7499
www.worldcopperltd.com
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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LinkedIn: https://www.linkedin.com/company/worldcopperltd
Neither TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSX V)
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 historical fact, included herein including, without limitation, the possible strategic alternatives that
may be considered by 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", "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 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 Company's projects, 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 future financings, accidents, labour disputes and other risks
of the mining industry, delays in obtaining governmental approvals (including TSX Venture Exchange acceptance),
permits or financing or in the completion of development or construction activities, risks relating to epidemics or
pandemics, including impact s 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 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.sedarplus.ca.
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.