BULLETIN V2026-1746
WORLD COPPER LTD. ("WCU")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement; Remain Halted
BULLETIN DATE: May 20, 2026
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pertaining to a property option agreement (the "Agreement") dated February 24, 2026, between World Copper Ltd. (the "Company") and an arm's length party (the "Optionor"). According to the terms of the Agreement, the Company has been granted an option to acquire a 100% interest (the "Option") in the Brassie Creek Project (the "Property") located in the Kamloops Mining Division, British Columbia.
As consideration for the Property, the Company will issue up to 900,000 common shares to the Optionor, pay $440,000 in cash (inclusive of a $5,000 deposit), and incur $750,000 in exploration expenditures over a 36-month period.
If the Option is exercised, the Optionor will also retain a 2.0% Net Smelter Returns (NSR) Royalty on the Property, of which the Company may purchase one-half (1.0%) for $1,500,000 at any time prior to the commencement of Commercial Production.
The transaction is arm's length in nature, and no finder's fees are payable.
For further details, please refer to the Company's news release dated February 3, 2026, February 25, 2026, and May 19, 2026.
Further to TSX Venture Exchange bulletin dated May 19, 2026, trading in the shares of the Company will remain halted.
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