VANCOUVER, BC, March 25,
2024 /CNW/ - Western Copper and Gold Corporation
("Western" or the "Company") (TSX: WRN) (NYSE American: WRN)
announces it has completed a private placement with Rio Tinto
Canada Inc. ("Rio Tinto") pursuant to Rio Tinto's subscription
rights as a result of the Company's recent private placement with
the incoming CEO.
Rio Tinto acquired 239,528 common shares of the Company at a
price of C$1.35 per share for
proceeds of C$323,363, allowing Rio
Tinto to maintain its interest of approximately 9.7%.
ABOUT WESTERN COPPER AND GOLD
CORPORATION
Western Copper and Gold Corporation is developing the
Casino Project, Canada's premier copper-gold mine in the
Yukon Territory and one of the
most economic greenfield copper-gold mining projects in the
world.
The Company is committed to working collaboratively with our
First Nations and local communities to progress the
Casino project using internationally recognized
responsible mining technologies and practices.
For more information,
visit www.westerncopperandgold.com.
On behalf of the board,
"Sandeep Singh"
Sandeep Singh
Chief Executive Officer
Western Copper and Gold Corporation
SOURCE Western Copper and Gold Corporation