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WESTERN COPPER AND GOLD STRENGTHENS STRATEGIC PARTNERSHIP WITH MITSUBISHI MATERIALS
WESTERN COPPER AND GOLD STRENGTHENS STRATEGIC PARTNERSHIP WITH MITSUBISHI MATERIALS Can...
About this update from Western Copper And Gold Corporation
[{"type":"text","content":"\n\n\n\n WESTERN COPPER AND GOLD STRENGTHENS STRATEGIC PARTNERSHIP WITH MITSUBISHI MATERIALS\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n April 15, 2025\n \n\n /CNW/ - Western Copper and Gold Corporation (\"Western\" or the \"Company\") (TSX: WRN) (NYSE American: WRN) is pleased to announce that it has strengthened its relationship with Mitsubishi Materials Corporation (\"Mitsubishi Materials\").\n \n\n\n\n\n\n\n\n\n Western has entered into an amended and restated investor rights agreement (the \"Agreement\") with Mitsubishi Materials, most notably extending the rights and obligations thereunder until\n \n May 30, 2026\n \n , subject to Mitsubishi Materials acquiring 2 million common shares of the Company through open market purchases. These purchases will be non-dilutive to existing shareholders, as no new shares will be issued by the Company. Upon completion, Mitsubishi Materials' equity ownership in Western is expected to return to approximately 5%.\n \n\n \"Mitsubishi Materials have been a supportive partner, and we are pleased to see them grow their ownership in Western,\" said\n \n Sandeep Singh\n \n , President and CEO. \"Their continued support through this proposed new investment, made through non-dilutive, open market purchases, is another vote of confidence in the team and the\n \n\n Casino\n \n\n Project. The corresponding extension of rights reflects the productive and aligned relationship we've built, and we look forward to continuing to collaborate as we advance one of\n \n Canada's\n \n most important critical minerals projects.\"\n \n\n\n ABOUT WESTERN COPPER AND GOLD CORPORATION\n \n\n\n Western Copper and Gold Corporation is developing the\n \n\n Casino\n \n\n Project,\n \n Canada's\n \n premier copper-gold mine in the\n \n Yukon Territory\n \n and one of the most economic greenfield copper-gold mining projects in the world.\n \n\n The Company is committed to working collaboratively with our First Nations and local communities to progress the\n \n\n Casino\n \n\n Project, using inte...