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World Copper Ltd. AGM Information 2024

Jul 16, 2024

45949_rns_2024-07-16_f653f9eb-460b-4057-852e-e7ff23679b92.pdf

AGM Information

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WORLD COPPER LTD.

1570 – 200 Burrard Street Vancouver, British Columbia V6C 3L6

NOTICE OF ANNUAL GENERAL MEETING

NOTICE IS HEREBY GIVEN that the annual general meeting (the " Meeting ") of holders (the " Shareholders ") of common shares in the capital of World Copper Ltd. (the " Company "), will be held at the offices of the Company at #1570 – 200 Burrard Street, Vancouver, British Columbia, Canada on August 15, 2024 at 10:00 a.m. (Vancouver time) for the following purposes:

  1. to receive and consider the audited financial statements of the Company for the fiscal year ended December 31, 2023 together with the report of the auditor thereon;

  2. to appoint Smythe LLP, Chartered Professional Accountants, as auditor of the Company for the fiscal year ending December 31, 2024 and to authorize the directors to fix the auditor's remuneration;

  3. to set the number of directors to be elected at six;

  4. to elect directors for the ensuing year;

  5. to consider and, if thought advisable, to pass with or without variation, an ordinary resolution ratifying and approving the Company's Stock Option Plan; and

  6. to transact such other business as may properly come before the Meeting or any adjournment or postponement thereof.

The details of all matters proposed to be put before Shareholders at the Meeting are set forth in the management information circular accompanying this Notice of Meeting (the " Information Circular "). At the Meeting, Shareholders will be asked to approve each of the foregoing items.

The directors of the Company have fixed June 26, 2024, as the record date for the Meeting (the " Record Date "). Only Shareholders of record at the close of business on the Record Date are entitled to vote at the Meeting or any adjournment or postponement thereof.

If you are a registered Shareholder, please exercise your right to vote by completing and returning the accompanying form of proxy and deposit it with Endeavor Trust Corporation. Proxies must be completed, dated, signed and returned to Endeavor Trust Corporation, at 702 – 777 Hornby Street, Vancouver, British Columbia, V6Z 1S4 by 10:00 a.m. (Vancouver time) on August 13, 2024, or if the Meeting is adjourned or postponed, not less than 48 hours (excluding Saturdays, Sundays and holidays) before the date to which the Meeting is adjourned or postponed. Email, facsimile and internet voting can be completed by following the instructions on the accompanying form of proxy.

ii

Late proxies may be accepted or rejected by the Chairman of the Meeting at his discretion and the Chairman of the Meeting is under no obligation to accept or reject any particular late proxy. The Chairman of the Meeting may waive or extend the proxy cut-off without notice.

If you are a non-registered Shareholder, please follow the instructions from your bank, broker or other financial intermediary for instructions on how to vote your shares.

NOTICE-AND-ACCESS

The Company has elected to use the notice-and-access provisions under National Instrument 54-101 Communication with Beneficial Owners of Securities of a Reporting Issuer and National Instrument 51-102 Continuous Disclosure Obligations of the Canadian Securities Administrators (the " Notice-and-Access Provisions ") for the Meeting. The Notice-and-Access Provisions are a set of rules developed by the Canadian Securities Administrators that reduce the volume of materials that must be physically mailed to Shareholders by allowing the Company to post the Information Circular and any additional materials online. Shareholders will still receive this Notice of Meeting and a form of proxy and may choose to receive a paper copy of the Information Circular. The Company will not use the procedure known as "stratification" in relation to the use of Notice-and-Access Provisions. Stratification occurs when a reporting issuer using the Notice-and-Access Provisions provides a paper copy of the Information Circular to some shareholders with this notice package. In relation to the Meeting, all Shareholders will receive the required documentation under the Notice-and-Access Provisions, which will not include a paper copy of the Information Circular.

Please review the Information Circular carefully and in full prior to voting as the Information Circular has been prepared to help you make an informed decision on the matters to be acted upon. The Information Circular is available under the Company's profile on SEDAR+ at www.sedarplus.ca and at https://worldcopperltd.com.

Any Shareholder who wishes to receive a paper copy of the Information Circular should contact the Company at #1570 – 200 Burrard Street, Vancouver, British Columbia, Canada, V6C 3L6, Attention: Marla Ritchie, Corporate Secretary, or by telephone at 604-638-3287. Shareholders may also use the toll-free number (1-888-331-0096) to request a copy of the Information Circular and obtain additional information about the Notice-and-Access Provisions.

In order to ensure that a paper copy of the Information Circular can be delivered to a requesting Shareholder in time for such shareholder to review the Information Circular and return a voting instruction form or proxy prior to the deadline, it is strongly suggested that a Shareholder ensure their request is received no later than August 6 , 2024 .

DATED at Vancouver, British Columbia, this 26th day of June, 2024.

BY ORDER OF THE BOARD OF DIRECTORS

Hendrik van Alphen Chairman and Director