Core Viewpoint - World Copper Ltd. has successfully completed the sale of the Zonia Copper Project to Edge Copper Corporation, receiving cash and shares as part of the transaction [1][2]. Transaction Details - The transaction involved World Copper receiving $10.5 million in cash and 37,820,374 common shares of Edge Copper, resulting in approximately 31.3% ownership of Edge Copper for World Copper and its shareholders [2]. - World Copper shareholders exchanged their shares for new common shares of World Copper and approximately 0.12482512 of an Edge Copper share based on the exchange ratio [3]. - World Copper retained about $500,000 in cash and 5,000,000 Edge Copper shares post-consolidation, with plans to use the cash consideration to settle outstanding debts and liabilities [3]. Approval and Legal Aspects - Shareholder approval for the transaction was obtained on October 16, 2025, and the Supreme Court of British Columbia approved the transaction on October 23, 2025, making it effective on October 30, 2025 [5]. - The transaction was conducted on an arm's length basis, with no finder's fees, but a financial advisory fee of 4% of the transaction value is payable by World Copper [6]. Financing and Warrant/Option Replacement - Edge Copper provided a bridge loan of $600,000 to World Copper, which was set off against the cash consideration upon closing [10]. - Holders of World Copper warrants and options received replacement warrants and options to acquire Edge Copper shares based on the exchange ratio [7][9]. Listing and Future Operations - Following the transaction, World Copper shares will be exchanged for New World Copper shares, which are expected to commence trading on the TSX Venture Exchange on October 31, 2025 [11]. - The company plans to continue operating as a mineral exploration issuer and aims to meet the continued listing requirements of the TSXV [12].

World Copper Announces Shareholder Approval for the Sale of the Zonia ProjectProvides ATM Quarterly ReportOctober 20, 2025 8:00 AM EDT | Source: World Copper Ltd.Vancouver, British Columbia--(Newsfile Corp. - October 20, 2025) - World Copper Ltd. (TSXV: WCU) (OTCQB: WCUFF) (FSE: 7LY0) ("World Copper" or the "Company") is pleased to report that World Copper shareholders have approved the resolution put forth at the special meeting of shareholders held on October 16, 2025 (the "World Copper Meet ...