Mr. Gordon Neal reports

WORLD COPPER ARRANGES $4.0 MILLION FINANCING

World Copper Ltd. has arranged a non-brokered private placement of up to 57,142,858 units at a price of seven cents per unit for gross proceeds of up to $4-million. Each unit will consist of one common share of the company and one-half common share purchase warrant. Each whole warrant entitles the holder to acquire one additional share of the company for a period of two years from the date of issuance at a price of 17 cents. The expiry of the warrants may be accelerated if the closing price of the company's common shares on the TSX Venture Exchange is equal to or greater than 30 cents for a minimum of 20 consecutive trading days and a notice of acceleration is provided, in accordance with the terms of the warrants.

Insiders may participate and finders' fees may be payable to qualified arm's-length parties that have introduced the company to certain subscribers participating in the offering. All securities issued in the offering are subject to a four-month hold period, during which time the securities may not be traded. The closing of the offering is subject to the approval of the TSX-V.

The net proceeds from the offering are intended for general working capital and partial repayment of debt.

About World Copper Ltd.

World Copper, headquartered in Vancouver, B.C., 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. Two of these projects have estimated resources with significant soluble copper mineralization, and each has additional copper porphyry targets with exciting potential to expand the resource base.

We seek Safe Harbor.