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World Copper settles $209K debt by issuing 20.9M shares to directors and service provider.

Company Fundamentals
05 Jul 2026
Newsfile Corp
View Source
Neutral
pluang ai news

World Copper Ltd. has agreed to settle $209,000 of debt by issuing 20.9 million common shares at a deemed price of $0.01 per share to two directors and a service provider. This move helps the company conserve cash for working capital. The share issuance is subject to TSX Venture Exchange approval and a statutory hold period. The transaction is treated as a related party deal but is exempt from formal valuation and minority approval due to its size relative to market capitalization.

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