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WESTERN COPPER AND GOLD ANNOUNCES COMPLETION OF C$5 MILLION FINANCING WITH RIO TINTO
Rio Tinto acquired 2,609,890 common shares of the Company at a price of C$1.90 per share for proceeds of C$4,958,791, allowing Rio Tinto to maintain its interest of approximately 9.7%.
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 SinghChief Executive OfficerWestern Copper and Gold Corporation
SOURCE Western Copper and Gold Corporation
SOURCE: Western Copper and Gold Corporation
COMTEX_451975868/2197/2024-05-06T16:30:00