World Copper Update - Sept 20

[dan_s]

World Copper hosted a webinar for us on September 8 and it is on my Watch List.

World Copper Signs Definitive Agreement for the Acquisition of Cardero Resource Corp.
Vancouver, British Columbia--(Newsfile Corp. - September 20, 2021) - World Copper Ltd. (TSXV: WCU) (OTCQB: WCUFF) ("World Copper" or the "Company") announces that, further to its news releases of April 20, and June 9, 2021, it has entered into a definitive agreement (the "Arrangement Agreement") with Cardero Resource Corp. ("Cardero") and 1302172 B.C. Ltd., a wholly-owned subsidiary of World Copper ("Subco"), whereby World Copper and Cardero have agreed to combine their respective businesses by way of a plan of arrangement (the "Arrangement"), enhancing World Copper's portfolio of copper mineral projects through the acquisition of Cardero's Zonia copper oxide project located in central Arizona ("Zonia").

Nolan Peterson, World Copper's CEO stated, "The signing of the definitive agreement with Cardero is another milestone for World Copper and one that will bring significant value to our shareholders. Our team sees upside potential at Zonia that has, to this point been unrealized, including a low-cost development and permitting path. We will apply the same knowledge and expertise to Zonia, as we have to our Escalones property, and work to advance and de-risk the project going forward."

Read more: https://www.newsfilecorp.com/release/96960