World Copper Ltd. announces that, further to a news release dated April 13, 2021 and subject to final acceptance by the TSXV, its board of directors has approved the consolidation of its issued and outstanding common shares on the basis of one post-Consolidation Share for every three pre-Consolidation Shares. The Company anticipates that the Shares will begin trading on a post-Consolidation basis effective market open on [...]
World Copper Ltd. announces that, further to its news release of April 20, 2021, it has reached an agreement to amend the letter agreement dated April 13, 2021 with Cardero Resource Corp. , whereby the Company agreed to acquire 100% of Cardero's Zonia copper oxide project located in central Arizona by way of business combination between the Company and Cardero . Summary of Amendments The terms of the Proposed Transaction [...]
World Copper Ltd. announces that it has engaged Krzysztof Napierała as the Company's General Manager for Chile, he will take on his role effective May 25, 2021. In this role he will be responsible for overseeing the development of Company's portfolio of exploration and development projects in Chile. Krzysztof is a professional with twelve years of experience in mining and manufacturing industries. He is a driven executive with a strong background in business development, exploration, project management, and the management and restructuring of mining operations. His career is highlighted by over ten years with the KGHM Group, one of the world's largest copper and silver miners, where he started as an associate in the exploration and development team, supporting the compan... [...]
World Copper Ltd. announces that it has appointed Mr. Nolan Peterson as the Company's Chief Executive Officer as of April 26, 2021. Mr. Peterson is an engineer and finance executive with an extensive career in the mining industry focusing on project development, corporate finance and accounting, engineering, and project management. Most recently he served in senior management within the finance group at [...]
World Copper Ltd. is pleased to announce that it has entered into a letter agreement dated April 13, 2021 with Cardero Resource Corp. , whereby the Company has agreed to acquire 100% of Cardero's Zonia copper oxide project located in central Arizona by way of business combination between the Company and Cardero . Under the terms of the Proposed Transaction and subject to acceptance by the TSX Venture Exchange , the [...]
World Copper Ltd. announces the appointment of Mr. Daniel MacNeil, MSc., PGEO as Technical Geological Advisor to the Company, the first of many steps aiding in the transition of World Copper into a world-class copper company. Mr. MacNeil is an Economic Geologist specializing in the Precious and Base Metals sectors, with over 20 years of experience from continental-scale project generation to in-mine resource expansion in [...]
World Copper Ltd. announces an exploration update of its Chilean exploration activities on the Escalones property and an update on the focus of the Company moving forward into 2021. Company Focus for 2021 Recent studies indicate that the shallow copper-oxide mineralization at Escalones could be amenable to heap leach processing, which would result in lower operating costs as well as significantly lower capital costs. The [...]
World Copper Ltd. announces the appointment of Timothy McCutcheon as a director the Company effective February 12, 2021. Mr. McCutcheon replaces Stuart Ross on the board of directors and the Company wishes to thank Mr. Ross for his invaluable contributions during the listing process. Mr. McCutcheon is a corporate mining executive and capital markets professional with over 25 years business experience. He was a Thompson [...]
World Copper Ltd. announces that it has applied for its common shares to be trading on the OTCQB® Venture Market , a US trading platform operated by the OTC Markets Group in New York. The Company will provide further information once its common shares commence trading. The OTCQB is the premiere marketplace for early stage and developing U.S. and international companies that are committed to providing a high-quality [...]
World Copper Ltd. announces that its common shares are set to begin trading on the TSX Venture Exchange as of market open on January 26, 2021. General Company and Industry Update Much has happened at World Copper since our last corporate update news release dated October 8, 2020. The outbreak of the COVID-19 pandemic notwithstanding, World Copper has been advancing on several fronts. In a news release dated January 18 [...]
Allante Resources Ltd. announces that it has entered into a binding letter agreement dated June 7, 2019 with Wealth Copper Ltd. to combine their respective businesses. Allante and Wealth Copper propose to complete the business combination transaction by way of share exchange, merger, amalgamation, plan of arrangement or such other similar form of transaction and to continue the business of Wealth Copper . The Transaction [...]
Allante Resources Ltd. announces that all matters set before shareholders at the Annual General Meeting held December 9, 2014 were approved, including ratification and approval to an alternation to the Company's Articles. Please refer to the Company's profile on SEDAR www.sedar.com for a copy of the altered Articles.