VANCOUVER, BC, April 15, 2025 /PRNewswire/ – Western Copper and Gold Company (“Western” or the “Company”) (TSX: WRN) (NYSE American: WRN) is happy to announce that it has reinforced its courting with Mitsubishi Fabrics Company (“Mitsubishi Materials”).
Western has entered into an amended and restated investor rights guarantee (the “Agreement”) with Mitsubishi Fabrics, maximum particularly extending the rights and tasks thereunder till Might 30, 2026, topic to Mitsubishi Fabrics obtaining 2 million habitual stocks of the Corporate via clear marketplace purchases. Those purchases might be non-dilutive to current shareholders, as incorrect fresh stocks might be issued by way of the Corporate. Upon of entirety, Mitsubishi Fabrics’ fairness possession in Western is predicted to go back to roughly 5%.
“Mitsubishi Materials have been a supportive partner, and we are pleased to see them grow their ownership in Western,” stated Sandeep Singh, 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 Casino 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 Canada’s most important critical minerals projects.”
ABOUT WESTERN COPPER AND GOLD CORPORATION
Western Copper and Gold Company is growing the On line casino Mission, Canada’s premier copper-gold mine within the Yukon Dimension and one of the financial greenfield copper-gold mining initiatives on the earth.
The Corporate is dedicated to running collaboratively with our First International locations and native communities to go the On line casino Mission, the usage of the world over known accountable mining applied sciences and practices.
For more info, talk over with www.westerncopperandgold.com.
By and for the board,
“Sandeep Singh”
Sandeep Singh
President and CEO
Western Copper and Gold Company
Cautionary Be aware Referring to Ahead-Having a look Statements
This information let fall contains positive “forward-looking information” and “forward-looking statements” (jointly “forward-looking statements”) inside the which means of appropriate Canadian and United States securities regulation together with the US Personal Securities Litigation Reform Office of 1995. Those forward-looking statements are made as of the presen of this information let fall. Ahead-looking statements are continuously, however now not at all times, recognized by way of phrases similar to “expects”, “anticipates”, “believes”, “plans”, “projects”, “intends”, “estimates”, “envisages”, “potential”, “possible”, “strategy”, “goals”, “opportunities”, “objectives”, or permutations thereof or pointing out that positive movements, occasions or effects “may”, “could”, “would”, “might” or “will” be taken, happen or be accomplished, or the damaging of any of those phrases and matching expressions. Such forward-looking statements herein come with statements referring to Mitsubishi Fabrics obtaining extra habitual stocks of the Corporate.
Ahead-looking statements contain identified and unknown dangers, uncertainties and alternative components that can reason latest occasions to be materially other from the ones expressed or implied by way of such statements. Such components come with however don’t seem to be restricted to the chance of unexpected demanding situations in advancing the On line casino challenge, possible affects on operational endurance, adjustments normally marketplace situations that might impact the Corporate’s efficiency; and alternative dangers and uncertainties disclosed within the Corporate’s annual data mode and Method 40-F for essentially the most just lately finished monetary life and its alternative publicly filed disclosure paperwork.
Ahead-looking statements are in keeping with guesses control believes to be cheap, such guesses and components as move ahead herein, and within the Corporate’s annual data mode and Method 40-F for essentially the most just lately finished monetary life and its alternative publicly filed disclosure report.
Even if the Corporate has tried to spot remarkable components that might reason latest effects to vary materially from the ones contained in forward-looking statements, alternative components would possibly reason effects to be materially other from the ones expected, described, estimated, assessed or meant. Those forward-looking statements constitute the Corporate’s perspectives as of the presen of this information let fall. There can also be incorrect oath that any forward-looking statements might be correct, as latest effects and date occasions may vary materially from the ones expected in such statements. Accordingly, readers will have to now not playground undue reliance on forward-looking statements. The Corporate does now not intend to and does now not think any legal responsibility to replace forward-looking statements alternative than as required by way of appropriate regulation.
SOURCE Western Copper and Gold Company
