American Invest Hub
  • Politics
  • Investing
  • Business
  • Latest News

American Invest Hub

  • Politics
  • Investing
  • Business
  • Latest News
Investing

WESTERN COPPER AND GOLD ANNOUNCES COMPLETION OF C$5 MILLION FINANCING WITH RIO TINTO

by admin May 7, 2024
May 7, 2024
WESTERN COPPER AND GOLD ANNOUNCES COMPLETION OF C$5 MILLION FINANCING WITH RIO TINTO

western copper and gold corporation (‘Western’ or the ‘Company’) (TSX: WRN) (NYSE American: WRN) announces it has completed the previously announced private placement with Rio Tinto Canada Inc. (‘Rio Tinto’) pursuant to Rio Tinto’s subscription rights as a result of the Company’s recent issuance of common shares.

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%.

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

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2024/06/c2410.html

News Provided by Canada Newswire via QuoteMedia

This post appeared first on investingnews.com

0
FacebookTwitterGoogle +Pinterest
previous post
Trailbreaker Resources Receives Exploration Permit for Swan Target at Atsutla Gold Project
next post
Canadian Investment Regulatory Organization Trade Resumption – STS

Related Posts

Top 10 Manganese-producing Countries (Updated 2024)

July 30, 2024

Top crypto price predictions: HBAR, Bonk, Floki

July 7, 2025

How to Invest in Biotechnology (Updated 2024)

April 5, 2024

Canada Beats China for Top Spot in Global...

February 14, 2024

Top 3 new Solana crypto tokens to buy...

May 9, 2025

Crypto pros scoop Dogizen as Bitcoin, Litecoin gets...

January 31, 2025

Sei price prediction: here’s why it has surged...

June 22, 2025

Here’s why the GoPro stock price has crashed

March 24, 2025

Don Hansen: Gold Stock Bull Phase Coming, 4...

May 22, 2024

Firm Commitments Received for ~$1.5M Placement

July 29, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest News

    • Europe markets open in green ahead of Fed decision: FTSE 100, STOXX 600 rise

      September 17, 2025
    • Money, power, AI: what Trump’s UK visit is all about

      September 17, 2025
    • China bans Nvidia AI chips in escalating tech rivalry: here’s what it means

      September 17, 2025
    • Indian investors hoard gold, driving up prices and boosting bank profits

      September 17, 2025
    • Why India’s gold demand is expected to dip this festive season

      September 15, 2025

    Categories

    • Business (3,974)
    • Investing (2,877)
    • Latest News (2,063)
    • Politics (1,530)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: americaninvesthub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 americaninvesthub.com | All Rights Reserved