/C O R R E C T I O N from Source -- Canadian Investment Regulatory Organization  - Halts/Resumptions/

/C O R R E C T I O N from Source -- Canadian Investment Regulatory Organization - Halts/Resumptions/

 
 

HaltsResumptions over CNW, we are advised by the company that the resumption time should be "1:45 PM" rather than "12:30 PM" as originally issued inadvertently. The complete, corrected release follows:

 

Canadian Investment Regulatory Organization Trade Resumption - WCU

  

  VANCOUVER, BC ,   Feb. 19, 2025   /CNW/ - Trading resumes in:

 

Company: World Copper Ltd. 

 

TSX-Venture Symbol: WCU

 

All Issues: Yes

 

Resumption (ET): 1:45 PM  

 

CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada .

 

SOURCE Canadian Investment Regulatory Organization (CIRO) – Halts/Resumptions

 

 

 

 Cision View original content: http://www.newswire.ca/en/releases/archive/February2025/19/c2140.html  

 
 

 

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Canadian Investment Regulatory Organization Trade Resumption - WCU

Canadian Investment Regulatory Organization Trade Resumption - WCU

 
 

Trading resumes in:

 

Company: World Copper Ltd. 

 

 

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World Copper Enters into Letter Agreement to Sell Zonia Project

World Copper Enters into Letter Agreement to Sell Zonia Project

World Copper Ltd. (TSXV: WCU) (OTCQB: WCUFF) (FSE: 7LY0)  ("World Copper" or the "Company") announces that the Company has entered into a binding letter agreement made as of February 12, 2025 (the "Letter Agreement") to sell its interest in the Zonia copper project located in the Walnut Grove Mining District, Yavapai County, Arizona ("Zonia" or the "Project") to an arm's length third party (the "Purchaser") in consideration for CAD $26.0 million cash (the "Purchase Price"), payable in tranches (the "Proposed Transaction").

The Letter Agreement provides for a 90-day due diligence period and sets forth the proposed commercial terms for the Proposed Transaction. It is currently expected that the Proposed Transaction will be effected by way of a share purchase and sale transaction pursuant to which the Purchaser would acquire all of the issued and outstanding shares of the Company's Arizona subsidiary, Cardero Copper (USA) Ltd. ("Subco"). Following completion of due diligence to the satisfaction of the Purchaser, the parties will have 15 days to enter into a definitive agreement. The payment of the Purchase Price shall be payable as to CAD $8.0 million to World Copper at closing of the Proposed Transaction (the "Closing"), an additional instalment of CAD $8.0 million on or before the 15-month anniversary of Closing, and a final instalment of CAD $10.0 million on or before the 30-month anniversary of Closing, subject to the Purchaser's right to accelerate the additional instalments. Until the payment in full of the Purchase Price, it is proposed that the shares of Subco will be held in escrow, and the Purchaser will grant World Copper a security interest over such shares and the Project. If the Purchaser fails to make any instalment payment for the Purchase Price, the shares of Subco will be returned to World Copper and the Purchaser would retain no interest in the Subco shares or the Project.

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World Copper Arranges $1.5 Million Financing

World Copper Arranges $1.5 Million Financing

World Copper Ltd. (TSXV: WCU) (OTCQB: WCUFF) (FSE:7LY0) ("World Copper" or the "Company") announces a non-brokered private placement (the "Placement") of up to 18,750,000 units (the "Units") at a price of $0.08 per Unit (the "Offering") for gross proceeds of up to $1,500,000. Each Unit will consist of one common share of the Company (a "Share") and one common share purchase warrant (a "Warrant"). Each Warrant entitles the holder to acquire one additional share of the Company for a period of three years from the date of issuance at a price of $0.16 per share.

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. Closing of the Offering is subject to the approval of the TSXV.

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World Copper Initiates Strategic Review Process and Engages Advisor

World Copper Initiates Strategic Review Process and Engages Advisor

World Copper Ltd. (TSXV: WCU) (OTCQB: WCUFF) (FSE: 7LY0) ("World Copper " or the "Company") announces that the Company has initiated a strategic review process and has engaged Origin Merchant Partners (the "Advisor") to assist it in its review. The Advisor will work with World Copper's management and Board to evaluate a range of strategic alternatives that may be available to the Company to grow and maximize value for all shareholders (the "Engagement"). There can be no assurance that this process will result in any specific strategic plan or financial transaction and no timetable has been set for its completion. The Company does not plan to provide updates on the status of the review unless there are material developments to report.

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World Copper Files Amended Resource Estimate and Technical Report for Updated Resource Estimate for the Zonia Project

World Copper Files Amended Resource Estimate and Technical Report for Updated Resource Estimate for the Zonia Project

 

Provides ATM Quarterly Report

 

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated July 17, 2024 to its short form base shelf prospectus and amended and restated short form base shelf prospectus dated June 7, 2024

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Angkor Resources Meets Ministry To Expand Boundary Of Oil & Gas Block VIII, Cambodia

Angkor Resources Meets Ministry To Expand Boundary Of Oil & Gas Block VIII, Cambodia

 

(TheNewswire)

 
      
  Angkor Resources Corp. 
             
 

GRANDE PRAIRIE, ALBERTA TheNewswire - July 29, 2025 - Angkor Resources Corp. (TSXV: ANK,OTC:ANKOF) ("ANGKOR" OR "THE COMPANY") announces its subsidiary, EnerCam Resources Co. Ltd. (Cambodia) ("EnerCam") met with officials from the Ministry of Mines and Energy ("MME") and the General Department of Petroleum ("GDP") to request an additional 220 square kilometers as part of Block VIII to include a potential sub-basin for exploration of oil and gas.

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Vertex Minerals Limited  Capital Raising Update

Vertex Minerals Limited Capital Raising Update

Perth, Australia (ABN Newswire) - Vertex Minerals Limited (ASX:VTX,OTC:VTXXF) (OTCMKTS:VTXXF) confirms that on 28 July 2025 it received A$3.9 million (before costs) through the issuance of new ordinary Shares as part of the A$11 million capital raising ("Capital Raising") announced by the Company on 12 May 2025 and approved at the General Meeting which took place on 21 July 2025.

The Capital Raising had also included the earlier issuance of A$3.5 million in Convertible Loans, bringing total proceeds received to date from the financing initiative to approximately A$7.5 million.

With respect to the A$3.9 million secured on 28 July 2025, 18,377,562 fully paid ordinary shares were issued by the Company ("Shares") at A$0.21 per Share.

At the commencement of the Capital Raising, associates of the Company's cornerstone investor and largest shareholder with 17% of the shares on issue (Gleneden Nominees Pty Ltd) committed to subscribe for A$3.6 million of Shares. Timing for receipt of these funds has now been revised to on or before 15 September 2025, as is provided for in an agreement entered on 27 July 2025 between the Company and Gleneden Nominees Pty Ltd.

The Company has also retained its ability to place the remaining A$3.6 million to other interested investors (on the same terms as the Capital Raising).

Receipt of the A$3.9 million, along with the $3.5 million Convertible Loan component of the Capital Raising, has provided the Company with financial liquidity for the near-term restart of the high-grade Hill End Gold Project, at a time of an historically strong A$ gold price.

 

About Vertex Minerals Limited:  

Vertex Minerals Limited (ASX:VTX,OTC:VTXXF) is an Australian based gold exploration company developing its advanced Hargraves and Hill End gold projects located in the highly prospective Eastern Lachlan Fold Belt of Central West NSW. Other Company assets include the Pride of Elvire gold project and Taylors Rock gold/nickel/lithium project both located in the Eastern Goldfields of WA. The focus of Vertex Minerals is to advance the commercial production of gold from its NSW projects embracing an ethical and environmentally sustainable approach.

 

 

Source:
Vertex Minerals Limited

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Scoping Study Highlights Potential of Tennant Creek Project

Scoping Study Highlights Potential of Tennant Creek Project

CuFe Limited (CUF:AU) has announced Scoping Study Highlights Potential of Tennant Creek Project

Download the PDF here.

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