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World Copper Ltd (2)
Symbol WCU
Shares Issued 215,734,567
Close 2024-11-19 C$ 0.08
Market Cap C$ 17,258,765
Recent Sedar Documents

World Copper prospectus offering

2024-11-19 20:25 ET - Prospectus Approved

The company's prospectus supplement dated July 17, 2024, to the previously filed short form base shelf prospectus and amended and restated short form base shelf prospectus dated June 7, 2024, of the company was filed with and accepted by the TSX Venture Exchange. The prospectus supplement was filed with the securities commissions in each of the provinces of British Columbia, Ontario and Alberta. A receipt for the prospectus is deemed to have been issued by the regulators in the jurisdictions if the conditions of the Multilateral Instrument 11-102, Passport System, have been satisfied.

Further to an at-the-market (ATM) offering of common shares of the company made pursuant to the prospectus supplement, the exchange has accepted for filing documentation with respect to the sales set out below under the ATM distribution. The company raised aggregate gross proceeds of $690,882 pursuant to the ATM distribution during the quarterly period beginning on July 17, 2024, and ending on Sept. 30, 2024, as set out below.

Agent:  BMO Nesbitt Burns Inc.

Offering:  8,816,500 common shares in the capital of the company in aggregate during the quarterly period

Share price:  varying prices during the quarterly period, with an average sale price of 7.8362 cents per share

Agent's commission:  up to 3 per cent of the gross proceeds of the offering, being an aggregate cash payment of $20,727 for the quarterly period

For further information, please refer to the company's prospectus and prospectus supplement, and the news releases dated July 18, 2024, and Nov. 12, 2024, all of which are available under the company's SEDAR+ profile.

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