Business
World Copper Announces Shareholder Approval for the Sale of the Zonia Project
Provides ATM Quarterly Report Vancouver, British Columbia--(Newsfile Corp. - October 20, 2025) -...
About this update from World Copper Ltd
[{"type":"text","content":"World Copper Announces Shareholder Approval for the Sale of the Zonia ProjectProvides ATM Quarterly ReportVancouver, 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 Meeting\") approving the previously announced transaction between World Copper and Plata Latina Minerals Corporation (\"Plata Latina\") pursuant to which Plata Latina will acquire the Zonia Copper Project in Arizona from World Copper by way of a court-approved plan of arrangement (the \"Transaction\"). World Copper MeetingAt the World Copper Meeting, the special resolution approving the Transaction was approved by 99.28% of the votes cast by shareholders in person or represented by proxy at the World Copper Meeting; 98.73% of the votes cast by shareholders in person or represented by proxy at the World Copper Meeting, excluding the votes cast by persons required to be excluded by Multinational Instrument 61-101 - Protection of Minority Security Holders in Special Transactions (\"MI 61-101\"); and 99.28% of the votes cast by shareholders in person or represented by proxy at the World Copper Meeting, excluding the votes cast by persons required to be excluded by the corporate finance policies of the TSX Venture Exchange. The parties whose votes were excluded under MI 61-101 were Gordon Neal, Robert Kopple (and his associated entities), and the Robert and Carole Kopple Grandchildren's Trust (2007). Transaction UpdatesWorld Copper is also pleased to announce that shareholders of Plata Latina have approved the resolutions put forth at the special meeting of Plata Latina shareholders held on October 16, 2025, in relation to the Transaction.Assuming all remaining conditions set out in the arrangement agreement between World Copper and Plata Latina dated July 22, 2025 (the \"Arrangement Agreement\") are either satisfied or waived, including receipt of court approval and the approval of the TSX Venture Exchange, World Copper expects that the closing date of the Transaction will occur in late October, 2025.Complete details of the Transaction are included in the Joint Management Information Circular ...