World Copper Ltd. announces a non-brokered private placement of up to 6,944,444 units at a price of CAD 0.18 per unit for gross proceeds of up to CAD 1,250,000 on March 8, 2023. Each unit consists of one common share and one half of one common share purchase warrant. Each whole warrant will entitle the holder to purchase one common share at an exercise price of CAD 0.30 per share at any time within 2 years after closing.

All securities to be issued in the transaction will be subject to a 4 month hold period. The transaction is subject to approval of the TSXV.