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WRN News
WRN Events
Western Copper and Gold Enters Agreement with Stifel to Issue 12,048,400 Shares at C$4.15
Western Copper and Gold is pleased to announce it has entered into an agreement with Stifel Canada, on its own behalf and on behalf of a syndicate of underwriters, pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 12,048,400 common shares of the company at a price of C$4.15 per common share for gross proceeds to the company of approximately C$50,000,860. The offering is scheduled to close on or about February 26.
Western Copper provides update on ESE Statetement for Casino Project
Western Copper provided an update on its Environmental and Socio-economic Effects Statement, or ESE Statement, submission for the Casino Project. The ESE Statement incorporates extensive technical work, including environmental and socio-economic baselines studies and assessments. Western is pleased with the progress to date and the level of consultation achieved thus far with First Nations and communities, and looks forward to continuing and intensifying these efforts during the assessment process. The company expects to deliver its ESE Statement to the Yukon Environmental and Socio-economic Assessment Board before the end of October.
Western Copper expands, revises Investor Rights Agreement with Rio Tinto Canada
Western Copper and Gold (WRN) is pleased to announce an extension and revision of its Investor Rights Agreement with Rio Tinto Canada (RIO). As part of a revised IRA, Rio Tinto will continue to hold a seat on the Casino Technical and Sustainability Committee, along with one representative from Mitsubishi Materials and three from Western, to promote ongoing technical collaboration. Rio Tinto's existing standstill and trading restrictions, along with certain other obligations, will remain in effect, while the previous board observer right and potential board seat rights have been extinguished. The revised IRA will expire on the earlier of November 30, 2026, or when Rio Tinto's ownership falls below 5%.
Western Copper extends investor rights agreement with Mitsubishi Materials
Western Copper and Gold is pleased to announce that Mitsubishi Materials has completed the precondition for the previously announced extension of their investor rights agreement. Mitsubishi Materials acquired two million common shares of the company through open market purchases, taking their overall ownership to approximately 5%. Consequently, the investor rights agreement between the two groups has now been extended to May 30, 2026, in accordance with the amended terms announced on April 15, 2025.
Western Copper continues board renewal process
Western Copper and Gold is pleased to announce further progress on its board renewal process. In connection with the upcoming Annual General Meeting, Dr. Bill Williams will retire from his last remaining board position, and Tara Christie will not stand for re-election in order to focus on her existing executive priorities. Western is pleased to announce the nomination of Pamela O'Hara for election to the board of directors at the company's AGM on June 12, 2025.
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