https://www.engineeringnews.co.za
World Copper|Chile|Brassie Creek|Cristal|Escalones|Copper|Gold Mining|British Columbia
||||
world-copper|chile|brassie-creek|cristal|escalones|copper|gold-mining|british-columbia

World Copper to consolidate Chilean assets in spin-out

Chile landscape

Chile landscape

26th May 2026

By: Marleny Arnoldi

Online News Editor

     

Font size: - +

TSX-V-listed World Copper has garnered conditional approval from the stock exchange to spin out its interests in Chilean subsidiaries to a wholly-owned subsidiary of the company, with shareholders benefitting from common shares issued in the capital of the spun-out company.

World Copper will host its AGM and special meeting of shareholders on June 18. Should shareholders approve the spin-out and consolidation exercise, the number of issued and outstanding common shares of World Copper will be reduced from 262-million to 13.1-million.

World Copper says the spin-out of its interests in Chilean subsidiaries to a single wholly-owned subsidiary will make the group’s common shares more attractive to a broader range of investors, improve trading liquidity and enhance the group’s ability to raise capital on more favourable terms.

The arrangement will also need approval by the Supreme Court of British Columbia.

World Copper, based in Vancouver, British Columbia, is focused on developing the Brassie Creek copper and gold project in southern British Columbia. The company's assets in Chile include the Escalones and Cristal projects.

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Environmental Impact Management Services
Environmental Impact Management Services

EIMS is an independent specialised environmental consulting firm offering the full spectrum of environmental management services across all sectors...

VISIT SHOWROOM 
Craig Miller Technical Services (CMTS)
Craig Miller Technical Services (CMTS)

CMTS is a leading, well-established EC&I contractor with 37+ years of mining and industrial experience. We execute full-scope EC&I projects with...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.071 0.905s - 150pq - 2rq
Subscribe Now