World Copper Reports Annual General and Special Meeting Results Cancels and Grants Incentive Stock Options
#2710 - 200 Granville Street
Vancouver, BC, Canada, V6C 1S4
T: 604-638-3287 / F: 604-408-7499
www.worldcopperltd.com
NR 22-24 September 30, 2022
World Copper Reports Annual General and Special Meeting Results
Cancels and Grants Incentive Stock Options
FOR IMMEDIATE RELEASE...Vancouver, British Columbia: World Copper Ltd. ( "World Copper") -
(TSX.V: WCU, OTCQX: WCUFF, FRA: 7LY0 ) reports that its shareholders have approved all matters
voted on at the annual general and special meeting held on September 27, 2022 (the "AGSM").
Results of Annual General and Special Meeting
A total of 31,525,821 common shares were represented in person or by proxy at the AGSM, representing
29.41% of the Company's issued and outstanding common shares. All directors nominated in the
management information circular dated August 15, 2022 were re-elected, and the voting results from the
AGSM are set out in the table below.
Motion For Against
Abstained/
Withheld
Number of Directors 31,507,950 (99.96%) 11,204 (0.04%) --
Hendrik van Alphen 31,513,813 (99.98%) -- 5,341 (0.02%)
Patrick James Burns 30,718,965 (97.46%) -- 800,189 (2.54%)
Timothy McCutcheon 30,719,667 (97.46%) -- 799,487 (2.54%)
Roberto Fréraut 30,723,698 (97.48%) -- 795,456 (2.52%)
Robert Kopple 30,326,479 (96.22%) -- 1,192,675 (3.78%)
Appointment of Auditors 31,519,154 (100.00%) -- --
Ratification and Approval of
Amended Stock Option Plan
30,282,658 (96.08%) 1,236,496 (3.92%) --
Approval of New Articles of the
Corporation
24,296,039 (77.08%) 7,223,115 (22.92%) --
Stock Option Cancellations and Grants
The Company reports that it has cancelled an aggregate of 4,585,000 incentive stock options originally
granted under the Company's rolling stock option plan to certain directors, officers, employees and
consultants of the Company on January 31, 2022 and exercisable until February 1, 2024 at an exercise price
of $0.91.
The Company also reports that, subject to applicable shareholder and TSX Venture Exchange ap provals,
the Company has granted incentive stock options under the amended stock option plan to certain directors,
officers, employees and consultants of the Company to purchase up to 4,755,000 common shares in the
capital stock of the Company. The options are exercisable on or before September 30 , 2025 at a price of
$0.27 per share. Under the amended stock option plan, the Company may grant up to an aggregate of
11,246,172 stock options, and after the grant of the above-mentioned stock options the Company will have
491,172 stock options available for grant under the plan.
World Copper Ltd. 2 September 30, 2022
NR22-24 Continued
#2710-200 Granville
Vancouver, BC, Canada, V6C 1S4
T: 604-638-3287 / F: 604-408-7499
www.worldcopperltd.com
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 four copper porphyry targets, one with estimated
resources, significant soluble copper mineralization, and exciting potential to expand the resource base.
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
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]
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
Follow Us:
Twitter: https://twitter.com/WorldCopperLtd
Facebook: https://www.facebook.com/WorldCopperLtd
LinkedIn: https://www.linkedin.com/company/worldcopperltd
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.
World Copper Ltd. 3 September 30, 2022
NR22-24 Continued
#2710-200 Granville
Vancouver, BC, Canada, V6C 1S4
T: 604-638-3287 / F: 604-408-7499
www.worldcopperltd.com
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 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", "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. F orward-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 f und 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, ti tle 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.