Subject: News Release
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File: Attachment WCU - Early Warning Press Release_Grandchildren's Trust (1May24 final)(2257230.1).pdf
Early Warning Press Release
Vancouver, British Columbia, May 1, 2024: Erich Kopple and Jordan Greenhut, as trustees for the Robert
and Carole Kopple Grandchildren's Trust, dated December 28, 2007 (the "Acquiror"), make the following
announcement in accordance with National Instrument 62-103 The Early Warning System and Related
Take-Over Bid and Insider Reporting and National Instrument 62-104 Take-Over Bids and Issuer Bids.
The Acquiror advises that on April 26, 2024, World Copper Ltd. (the "Company") closed the second
tranche of its non-brokered private placement (the "Offering") through the issuance of 16,531,957 Units
(each, a "Unit"), at a subscription price of $0.07 per Unit for gross proceeds of $1,157,237. Each Unit
consists of one common share (each, a "Common Share") in the capital of the Company and one-half of
one Common Share purchase warrant (each whole warrant, a "Warrant"), with each Warrant entitling the
holder thereof to purchase one Common Share in the capital of the Company at an exercise price of $0.17
per Common Share for a period of two years from the date of issuance.
Pursuant to the closing of the second tranche of the Offering, the Acquiror acquired beneficial ownership
of, and control and direction over, 16,531,957 Units for a purchase price of $1,157,237 (the "Acquisition").
The Acquisition did not take place on a stock exchange or other market that represents a published market
for securities.
Immediately prior to the completion of the Acquisition, the Acquiror beneficially owned and had control
and direction over 12,014,436 Common Shares representing approximately 6.75% of the then issued and
outstanding Common Shares. As a result of the Acquisition, the Acquiror beneficially owns and has control
and direction over 28,546,393 Common Shares and 8,265,979 Warrants, representing approximately
14.67% (18.15% on a partially diluted basis) of the currently issued and outstanding Common Shares. The
change in the Acquiror's security holding percentage is 7.92% (11.40% on a partially diluted basis) of the
issued and outstanding Common Shares.
The Acquiror acquired the Units for investment purposes. However, the Acquiror will review its holdings
from time to time and may, in the future, increase or decrease its ownership or control over securities of the
Company as circumstances dictate.
The Acquiror will file an early warning report under the Company's profile on the SEDAR+ website at
www.sedarplus.ca. A copy of the early warning report can also be obtained from 1520 Tower Grove Drive,
Beverly Hills, California, 90210, Attn.: Nataly Berookhim (Phone: 310-860-9797).
The Company's head office is located at #1570 200 Burrard Street, Vancouver, British Columbia, Canada,
V6C 3L6.
For more information, contact:
Nataly Berookhim
1520 Tower Grove Drive
Beverly Hills, California 90210
Phone: 1 (310) 860-9797
LC2257230-1
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