- World Copper (WCU) has announced a non-brokered private placement for gross proceeds of up to $2,500,000
- The company will issue up to 8,333,333 units priced at $0.30 per unit
- The net proceeds will be used for exploration and development and for general working capital
- World Copper is a Canadian resource company focused on the exploration and development of its copper porphyry projects in Chile and Arizona
- World Copper Ltd. (WCU) opened trading at C$0.32
World Copper (WCU) has announced a non-brokered private placement for gross proceeds of up to $2,500,000.
The company will issue up to 8,333,333 units priced at $0.30 per unit. Each unit will consist of one common share and one-half of one common share purchase warrant. Each whole warrant will entitle the holder to acquire one additional share for a period of two years.
Warrants are subject to an acceleration clause.
The net proceeds will be used for exploration and development and for general working capital.
World Copper is a Canadian resource company focused on the exploration and development of its copper porphyry projects: Escalones and Cristal in Chile, and Zonia in Arizona.
World Copper Ltd. (WCU) opened trading at C$0.32.