Vancouver, British Columbia – November 4, 2026 – TheNewswire - World Copper Holdings Ltd. ("World Copper Holdings" or the "Company") announces that it has acquired a 100% interest in the New Buggy project located in the commune of María Elena, Province of Tocopilla, Antofagasta Region, Chile ("New Buggy" or "Project") pursuant to a property purchase agreement (the "Purchase Agreement") dated October 28, 2026 (the "Transaction").

New Buggy is an early-stage porphyry copper-molybdenum-gold exploration project covering approximately 5,800 hectares in the Antofagasta Region of northern Chile, within the Paleocene metallogenic belt (see Figure 1).

  

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Figure 1: Location of the New Buggy Project (Coordinate System: SIRGAS-Chile; Oct. 30, 2026).

 

Historical exploration includes ten reverse-circulation drill holes, geological mapping, geochemical sampling, and airborne magnetic and radiometric surveys. Evaluation of historical drilling and surface exploration data supports the interpretation of two potential porphyry centres, the New and Buggy targets.

 

Examination of drill cuttings from the New target identified features consistent with a telescoped porphyry system, where epithermal and porphyry-related mineralization are superimposed. An approximately three-kilometre interval of calcareous sedimentary rocks between the two centres, known as the ATC target, has also been identified as prospective for carbonate-replacement mineralization. Geological, geochemical and geophysical datasets have been integrated to refine these targets for further drill testing.

 

Commercial Terms; Appointment of Cesar Lopez as Chief Executive Officer and President

 

Under the terms of the Transaction, the Company, through its wholly owned subsidiary, acquired all of the mining concessions, mineral concession applications and associated mining tenure and rights comprising the Project from arm's length vendors, Copperlink Chile SpA and Marco A. Castillo Romero, in consideration for the payment of US$300,000 in cash and the issuance of 3,000,000 common shares in the capital of the Company (each, a "Share").

The Company also announces that following the completion of the Transaction it has appointed Cesar Lopez as Chief Executive Officer, President and a director of the Company.

Mr. Lopez is a mining executive, entrepreneur and lawyer with extensive experience founding and leading mineral exploration and mining companies. His background combines executive leadership and public company board experience with qualifications in law and mineral economics.

Mr. Lopez formerly served as a director on the board of CopperEx Resources Corporation. Further, he served as President and Chief Executive Officer of New Energy Metals and as a founding partner and Chief Executive Officer of both Aegean Metals Group and AQM Copper. He was also a founding partner and director of Centenario Copper Corporation and a director of White Mountain Titanium Corporation.

Mr. Lopez holds a law degree from Universidad Gabriela Mistral in Chile, a Master of Laws in International Law and Legal Studies from Golden Gate University and a master’s degree in mineral economics from Universidad de Chile. He has been a member of the Chilean Bar Association since 1989 and the Foundation for Natural Resources and Energy Law since 1997.

Mark Lotz has resigned from his roles as President and Chief Executive Officer of the Company. The Company thanks Mr. Lotz for his contributions and wishes him well in his future endeavours.

Non-Brokered Private Placement

The Company announces that it has closed the first tranche of a non-brokered private placement (the "Offering") pursuant to which the Company issued 10,700,000 units (the "Units") at a price of $0.05 per Unit for aggregate gross proceeds of approximately $535,000.

Each Unit consists of one Share and one common share purchase warrant (each, a "Warrant"). Each Warrant entitles the holder thereof to purchase one additional Share at an exercise price of $0.05 per Share for a period of 36 months from the date of issuance. The net proceeds from the Offering are intended to be used for exploration work on the Company's mineral projects, for existing liabilities and for general working capital. All securities issued pursuant to the Offering will be subject to a statutory four-month and a day hold period in Canada. The Company expects to close a second tranche of the Offering by the end of November for gross proceeds of up to $1,465,000 (for total gross proceeds of $2,000,000).

Debt Settlement

The Company also announces that it has closed debt settlements with certain creditors, including current directors and an entity controlled by a director of the Company (collectively, the "Creditors"). The Company and the Creditors entered into securities for debt settlement agreements whereby the Company has issued an aggregate of 7,171,040 Units (each, a "Settlement Unit"), at a price of $0.05 per Settlement Unit, in consideration for the settlement of an aggregate of $358,552 owing to the Creditors (the "Debt Settlement"). The Units have the same terms as the Units issued in the Offering. The Company completed the Debt Settlements to assist it with preserving its cash for working capital. The Settlement Units are subject to a four month and a day statutory hold period in Canada.

Early Warning Disclosure

In connection with the closing of the Transaction and the first tranche of the Offering, the persons below make the following announcements in accordance with National Instrument 62-103 The Early Warning System and Related Take-Over Bid and Insider Reporting Issues ("NI 62-103") and National instrument 62-104 Take-Over Bids and Issuer Bids.

KF Business Ventures LP

In connection with the Offering, KF Business Ventures LP ("KF") acquired beneficial ownership of, and control over, 10,700,000 Units at a price of $0.05 per Unit for a purchase price of $535,000 (the "KF Acquisition"). Immediately prior to the KF Acquisition, KF and its joint actors (the "KFBV Group") beneficially owned and had control and direction over 1,794,520 Shares representing approximately 13.64% of the then issued and outstanding Shares. As a result of the KF Acquisition and the acquisition by a joint actor of 1,500,000 Units pursuant to the Debt Settlement, the KFBV Group beneficially owns and has control and direction over 13,994,520 Shares, and 12,200,000 Warrants, representing approximately 40.54% (56.06% on a partially diluted basis) of the currently issued and outstanding Shares.

KF acquired the Units for investment purposes. KF will review its holdings from time to time and may, in the future, increase or decrease its ownership or control over securities of the Company as circumstances dictate. A copy of the early warning report can also be obtained from the Company's registered office at 320 Granville Street, Suite 880, Vancouver, British Columbia, Canada, V6C 1S9, or by contacting the Company contact named below. For more information please contact:

KF Business Ventures, LP
1520 Tower Grove Drive
Beverly Hills, CA  90210
Attn: Robert C. Kopple, President of
Kopple Financial Inc. its General Partner
Telephone: 1 (310) 860-9797

Cesar Lopez

In connection with the Transaction and his appointment as President and Chief Executive Officer of the Company, Mr. Lopez acquired beneficial ownership of, and control over 3,500,000 Shares and 500,000 Warrants (the "Lopez Acquisition"). Immediately prior to the Lopez Acquisition, Mr. Lopez did not beneficially own or have control and direction over any Shares. As a result of the Lopez Acquisition, Mr. Lopez beneficially owns and has control and direction over 3,500,000 Shares and 500,000 Warrants, representing approximately 10.14% (11.42% on a partially diluted basis) of the currently issued and outstanding Shares.

Mr. Lopez acquired the Shares and Warrants for investment purposes. Mr. Lopez will review his holdings from time to time and may, in the future, increase or decrease his ownership or control over securities of the Company as circumstances dictate. A copy of the early warning report can also be obtained from the Company's registered office at 320 Granville Street, Suite 880, Vancouver, British Columbia, Canada, V6C 1S9, or by contacting the Company contact named below. For more information please contact:

Cesar Lopez
320 Granville Street, Suite 880
Vancouver, BC  V6C 1S9
Telephone: (786) 427-3547

This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The foregoing securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any applicable state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Qualified Person

Sergio Alvarado, P.Geo., Principal Geologist with GEOINVEST S.A.C E.I.R.L. and an independent Qualified Person as defined by NI 43-101, has reviewed the scientific and technical information in this news release and has approved the disclosure herein.

ABOUT WORLD COPPER HOLDINGS LTD.

World Copper Holdings Ltd. is a Canadian resource company focused on the exploration and development of prospective resource projects.

For Further Information, Please Contact:

Cesar Lopez
President & Chief Executive Officer
Telephone: (786) 427-3547

Cautionary Note Regarding Forward-Looking Statements

This news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian and U.S. securities legislation. All statements, other than statements of historical fact, included herein, including, without limitation, statements regarding the completion of a second tranche of the Offering, the use of proceeds from the Offering, results of further exploration at the Project and from potential further drill testing, and the Company’s future plans, are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as "believes," "expects," "anticipates," "intends," "estimates," "plans," "may," "should," "would," "will," "potential," "scheduled," or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might, or will occur or be taken or achieved. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of the Company to differ materially from any future results, performance, or achievements expressed or implied by the forward-looking information. Such risks and other factors include, among others, requirements for additional capital, actual results of exploration activities, the estimation or realization of mineral reserves and mineral resources, future prices of precious and base metals, changes in general economic conditions, changes in the financial markets and in the demand and market price for commodities, lack of investor interest in future financings, accidents, labour disputes, and other risks of the mining industry, delays in obtaining governmental approvals, permits, or financing or in the completion of development or construction activities, risks relating to epidemics or pandemics, including the impact on the Company's business, financial condition, and results of operations, changes in laws, regulations, and policies affecting mining operations, title disputes, the timing and possible outcome of any pending litigation, environmental issues and liabilities, as well as the risk factors described in the Company's annual and quarterly management's discussion and analysis and in other filings made by the Company with Canadian securities regulatory authorities under the Company’s profile at www.sedarplus.ca.

Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not undertake any obligation to update any of the forward-looking statements in this news release or incorporated by reference herein, except as otherwise required by law.

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