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Strategies & Market Trends : The Aristocrats (tm) -- Ignore unavailable to you. Want to Upgrade?

To: sense who wrote (2776)	9/10/2021 6:48:55 PM
From: sense	Read Replies (2) \| Respond to of 5778

WCU.V / WCUFF Just noted that WCUFF shows there is a U.S. listing now... but, I missed that I guess, or didn't remember it, and not really sure how long its already been there ? Ah, here... August 17. World Copper Arranges $4.0 Million Non-Brokered Private Placement and, Retains Liviakis Financial Communications to Provide IR Services So, FINALLY, it seems a bit of money will be spent exploring at least one of the four "near Escalones" potentials in Chile... which to me seems less "timely" than long, long overdue: The Company is focused on exploring the Mancha Amarilla target immediately to the south of the existing resource. In addition, three significant hydrothermal alteration zones, each measuring between 2,000m and 3,000m in diameter, lie 8-10km to the north of the main discovery. Note that it seems a portion of the raise is allocated for "IR Services"... which seems it also includes a range of strategic advisory functions, etc., at $720K for a 3 year contract... Liviakis Financial Communications publicly lists only three customers, currently... including World Copper... so, might expect to get good value for the money... In a clearly related deal, done a month ago... although not announced by World Copper... one of those three clients, Wealth Minerals... opted to purchase shares of World Copper directly from World Copper's sister company, Gold Springs Resources. [Gold Springs is the residual interest in a Nevada / Utah border region gold project that was acquired in the wake of the debacle after South American Silver became Trimetal Mining... etc. World Copper's Escalones was formerly SAS's secondary copper project before the wheels came off when Malku Khota was expropriated.] August 10, 2021: Wealth Minerals to Acquire Block of World Copper Shares Deal done the week before the U.S. listing became active... it makes Wealth (et al) a 30% shareholder... and provides $4 million for Gold Springs... Vancouver, British Columbia--(Newsfile Corp. - August 10, 2021) - Wealth Minerals Ltd. (TSXV: WML) (OTCQB: WMLLF) (SSE: WMLCL) (FSE: EJZN) (the "Company" or "Wealth") announces it has agreed with Gold Springs Resource Corp. ("GRC") (TSX: GRC) to purchase 13,225,198 common shares (each, a "WCU Share") of World Copper Ltd. ("WCU") (TSXV: WCU) held by a subsidiary of GRC, for an aggregate purchase price of $4,364,315. This transaction, at a price of $0.33 per WCU Share, is priced at an approximate 15.4% discount to the August 9, 2021 closing price of WCU at $0.39 per WCU Share. This opportunistic transaction allows Wealth to capitalize on its familiarity with World Copper's assets to acquire a large block of shares at a substantial discount. Wealth Minerals intends to hold the WCU Shares as an investment; and believes that they will provide significant long-term value for Wealth and its shareholders. Of the WCU Shares able to be purchased by Wealth, 9,918,898 WCU Shares will remain subject to a TSX Venture Exchange Value Securities Escrow Agreement (the "Escrow Agreement") and will be released from escrow in accordance with the terms thereof (for more details regarding the Escrow Agreement, see WCU's news release of January 18, 2021 available on WCU's SEDAR profile at www.sedar.com). Wealth may, at its sole discretion, arrange for all or a portion of the WCU Shares to be purchased by Wealth and/or certain eligible purchasers (each such eligible purchaser, a "Substituted Purchaser") under the Escrow Agreement. Wealth and/or the Substituted Purchasers will complete the transaction by no later than October 22, 2021.