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Western Copper and Gold Corporation announced that Mitsubishi Materials completed the acquisition of 1.2 million…
WRNWestern Copper & Gold Corp
Western Copper and Gold Corporation announced that Mitsubishi Materials completed the acquisition of 1.2 million common shares via open market purchases, restoring its ownership stake to approximately 5% and satisfying conditions for extending an investor rights agreement. The Company also submitted responses to clarification requests from the Yukon Environmental and Socio-economic Assessment Board regarding the Casino Project, a step preceding the establishment of an assessment Panel. Additionally, the federal government designated the Yukon-B.C. Grid Connect as a priority transmission project, signaling regulatory support for associated infrastructure. Western Copper and Gold Corporation is advancing the Casino Project, a greenfield copper-gold mining development in Canada's Yukon territory.