{"id":2777,"date":"2024-05-07T11:51:38","date_gmt":"2024-05-07T11:51:38","guid":{"rendered":"https:\/\/digitaltradecenter.com\/index.php\/2024\/05\/07\/western-copper-and-gold-announces-completion-of-c5-million-financing-with-rio-tinto\/"},"modified":"2024-05-07T11:51:38","modified_gmt":"2024-05-07T11:51:38","slug":"western-copper-and-gold-announces-completion-of-c5-million-financing-with-rio-tinto","status":"publish","type":"post","link":"https:\/\/digitaltradecenter.com\/index.php\/2024\/05\/07\/western-copper-and-gold-announces-completion-of-c5-million-financing-with-rio-tinto\/","title":{"rendered":"WESTERN COPPER AND GOLD ANNOUNCES COMPLETION OF C$5 MILLION FINANCING WITH RIO TINTO"},"content":{"rendered":"<div>\n<div>\n<p>western copper and gold corporation (&#8216;Western&#8217; or the &#8216;Company&#8217;) (TSX: WRN) (NYSE American: WRN) announces it has completed the previously announced private placement with Rio Tinto Canada Inc. (&#8216;Rio Tinto&#8217;) pursuant to Rio Tinto&#8217;s subscription rights as a result of the Company&#8217;s recent issuance of common shares.<\/p>\n<div>\n<\/div>\n<p> Rio Tinto acquired 2,609,890 common shares of the Company at a price of <span> C$1.90 <\/span> per share for proceeds of <span> C$4,958,791 <\/span> , allowing Rio Tinto to maintain its interest of approximately 9.7%. <\/p>\n<div> ABOUT western copper and gold corporation<\/div>\n<p>western copper and gold corporation is developing the <span> Casino <\/span> Project, <span> Canada&#8217;s <\/span> premier copper-gold mine in the <span> Yukon Territory <\/span> and one of the most economic greenfield copper-gold mining projects in the world. <\/p>\n<\/p>\n<p> The Company is committed to working collaboratively with our First Nations and local communities to progress the <span> Casino <\/span> project using internationally recognized responsible mining technologies and practices. <\/p>\n<p> For more information, visit  www.westerncopperandgold.com  . <\/p>\n<p> On behalf of the board, <\/p>\n<p> &#8216;Sandeep Singh&#8217; <\/p>\n<p><span> Sandeep Singh <\/span><br \/> Chief Executive Officer <br \/>western copper and gold corporation<\/p>\n<p> SOURCE western copper and gold corporation<\/p>\n<\/p>\n<p> View original content to download multimedia:  http:\/\/www.newswire.ca\/en\/releases\/archive\/May2024\/06\/c2410.html <\/p>\n<\/div>\n<\/div>\n<p>News Provided by Canada Newswire via QuoteMedia<\/p>\n<\/p>\n<div>This post appeared first on investingnews.com<\/div>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>western copper and gold corporation (&#8216;Western&#8217; or the &#8216;Company&#8217;) (TSX: WRN) (NYSE American: WRN) announces it has completed the previously announced private placement with Rio Tinto Canada Inc. (&#8216;Rio Tinto&#8217;) pursuant to Rio Tinto&#8217;s subscription rights as a result of the Company&#8217;s recent issuance of common shares. Rio Tinto acquired 2,609,890 common shares of the <\/p>\n","protected":false},"author":1,"featured_media":2778,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"class_list":{"0":"post-2777","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing"},"_links":{"self":[{"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/posts\/2777","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/comments?post=2777"}],"version-history":[{"count":0,"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/posts\/2777\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/media\/2778"}],"wp:attachment":[{"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/media?parent=2777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/categories?post=2777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digitaltradecenter.com\/index.php\/wp-json\/wp\/v2\/tags?post=2777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}