Financing ·
Western Copper & Gold raises $92M in equity offering; CEO steps down
WRNWestern Copper & Gold Corp
Western Copper & Gold Corporation completed a bought deal public offering of 22,169,125 common shares at $4.15 per share for gross proceeds of C$92 million on February 26, 2026. The company also announced that Sandeep Singh will step down as President and CEO effective October 31, 2026, with Mark E. Smith appointed Interim CEO and Michael Psihogios named President. For the nine months ended September 30, 2026, the company reported a loss of C$5.9 million compared to C$2.2 million in the prior year period. Western Copper & Gold Corporation is engaged in the exploration, permitting, and development of the Casino copper-gold project in Yukon, Canada.