World Copper Enters into Letter Agreement to Sell Zonia Project
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World Copper Ltd. has entered into a binding agreement to sell its Zonia copper project in Arizona for CAD $26 million. The transaction will be completed in tranches.
February 19, 2025 | 4:30 pm
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World Copper Ltd. has agreed to sell its Zonia copper project for CAD $26 million, which could provide significant cash inflow and potentially improve the company's financial position.
The sale of the Zonia project for CAD $26 million represents a significant cash inflow for World Copper Ltd., which could strengthen its financial position and provide capital for other projects or debt reduction. This is likely to be viewed positively by investors.
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