World Copper names board, management; launches non-brokered placement

Vancouver, British Columbia--(Newsfile Corp. - September 4, 2026) - World Copper Ltd. (TSXV: WCU) (OTCQB: WCUFF) (FSE: 7LY) (" World Copper " or the " Company ") announces the following changes to its Board of Directors and management:

Gareth Thomas has been appointed Executive Chair and a Director of the Company.

Shaun Pollard has been appointed President, Chief Executive Officer, and a Director of the Company.

Mr. Thomas has over two decades of experience in exploration, corporate development, and public company management. A co-founder of Westhaven Gold Corp., he has served in multiple roles, including President, CEO, and Director, since 2010. He holds a Bachelor's degree from the University of British Columbia.

Mr. Pollard has over two decades of experience in capital markets, exploration, and public company management. A co-founder of Westhaven Gold Corp., he served as CFO and/or Director from 2010 until 2025. He holds a Master of Business Administration from the UBC Sauder School of Business.

Mark Lotz has resigned his roles as President, Chief Executive Officer, and Director of the Company. The Company thanks Mr. Lotz for his contributions and wishes him well in his future endeavours.

Non-Brokered Private Placement

World Copper announces a non-brokered private placement (the " Offering "), subject to the approval of the TSX Venture Exchange (the " Exchange "), of up to 13,333,333 units of the Company (the " Units ") at a price of $0.075 per Unit for aggregate gross proceeds of up to $1,000,000. Each Unit consists of one common share of the Company (a " Share ") and one common share purchase warrant (each, a " Warrant "). Each Warrant entitles the holder thereof to purchase one additional Share at an exercise price of $0.10 per Share for a period of two years from the date of issuance.

All securities issued pursuant to the Offering will be subject to a statutory four-month hold period. Closing of the Offering is subject to the Company's receipt of all necessary corporate and regulatory approvals, including approval of the Exchange.

Proceeds from the Offering will be used for exploration and general working capital.

Certain directors, officers, and other insiders of the Company may participate in the Offering, which would be considered a related party transaction within the meaning of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company will rely on sections 5.5(b) and 5.7(1)(b) of MI 61-101 for an exemption from the formal valuation and minority shareholder approval requirements, respectively, of MI 61-101, as the Company's common shares are listed on the Exchange and at the time the transaction will be agreed to, neither the fair market value of the Units, nor the market value of the consideration received by the Company for same, insofar as it involves related parties, will exceed $2,500,000.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The foregoing securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the " U.S. Securities Act "), or any applicable state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.