World Copper Ltd.: World Copper Announces Amendment to Letter Agreement for the Acquisition of the Zonia Copper Oxide Project
World Copper or the
Company ) announces that, further to its news release of April 20, 2021, it has reached an agreement to amend the letter agreement dated April 13, 2021 with Cardero Resource Corp. (
Cardero ; TSXV: CDU), whereby the Company agreed to acquire 100% of Cardero s Zonia copper oxide project located in central Arizona (
Zonia ) by way of business combination between the Company and Cardero (the
Proposed Transaction ).
Summary of Amendments
The terms of the Proposed Transaction have been amended to provide that, upon the closing of the Proposed Transaction, and subject to acceptance by the TSX Venture Exchange (the
World Copper” or the “
Company“) announces that, further to its news release of April 20, 2021, it has reached an agreement to amend the letter agreement dated April 13, 2021 with Cardero Resource Corp. (“
Cardero“; TSXV: CDU), whereby the Company agreed to acquire 100% of Cardero’s Zonia copper oxide project located in central Arizona (“
Zonia“) by way of business combination between the Company and Cardero (the “
Proposed Transaction“).
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Summary of Amendments
The terms of the Proposed Transaction have been amended to provide that, upon the closing of the Proposed Transaction, and subject to acceptance by the TSX Venture Exchange (the “
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