Wealth Minerals Ltd., a 10% Holder, acquired 13,225,197 Common Shares on a direct ownership basis at a price of $0.330 through a prospectus or prospectus exempt offering on October 22nd, 2021. The insider also acquired 1 Special Warrants on a direct ownership basis. This represents a $4,364,315 investment into the company's shares and an account share holdings change of greater than 100%.
World Copper is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.
World Copper Ltd., formerly Allante Resources Ltd., is a Canada-based junior mineral exploration company that is engaged in the identification, acquisition, exploration and development of mineral properties. The Company through its subsidiary is focused on the discovery and development of Copper deposits in Chile. The Company has two properties: the Escalones property and the Cristal property. The Escalones property is copper-gold porphyry project that covers an area of approximately 161 kilometer (km), of which around 46 km are covered by the Escalones Exploitation Concessions and around 115 km are covered by over 40 exploration concessions, owned by TMI Chile. The Cristal project is a porphyry copper target located in northern Chile, near the Bolivia/Chile border that comprises around 9 km of exploitation concessions. World Copper Ltd. (WCU) has a high amount of executive buying compared to its micro-cap peers in the market over the past three months. According to recent regulatory filings, one insider has invested a total amount of $4,364,315.
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