BULLETIN V2024-1242
WORLD COPPER LTD. ("WCU")
BULLETIN TYPE: Private Placement - Non-Brokered
BULLETIN DATE: April 29, 2024
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on February 27, 2024:
Number of Shares: 69,547,069 common share units ("Units"), each Unit consisting of one common share in the capital of the Company ("Share") and one Share purchase warrant ("Warrant").
Purchase Price: $0.07 per Unit.
Warrants: 34,773,535 Warrants to purchase 34,773,535 Shares.
Warrant Price: $0.17 exercisable for a period of 2 years from the date of issuance.
Number of Placees: 43 placees.
Insider / Pro Group Participation:
Insider= Y /
Name Pro Group= P Number of Units
Aggregate Existing Insider Involvement:
[4 Existing Insiders] Y 16,899,999
Aggregate Pro Group Involvement:
[3 Pro Group Members] P 1,264,285
Aggregate Cash Amount Aggregate #
of Shares Aggregate #
of Finder Warrants
Finder's Fee:
[7 Finders]
$64,393
N/A
765,900
Finder Warrants are exercisable at $0.17 per Finder Share for a period of 2 years from the date of issuance.
The Company issued news releases on April 12, 2024, and on April 26, 2024, to confirm the closings of the Private Placement. Note that in certain circumstances the Exchange may later extend the expiry date of the Warrants, if they are less than the maximum permitted term.
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