Western Copper & Gold Corp

Western Copper and Gold Corporation announced the appointment of Mark E. Smith as the new Chairman of its Board of Directors. Mr. Smith, who has over 45 years of mining experience, succeeds Raymond Threlkeld, who will continue as a director. Concurrently, the company provided an update on its 2026 site program for the Casino copper-gold project, focusing on advancing engineering design, optimization, and evaluating broader land package targets for future exploration.

Western Copper & Gold Corp. reported a loss of $4.21 million for the first six months of 2026, up from $1.27 million in the same period of 2025, with basic and diluted loss per share increasing to $0.02. The company significantly strengthened its financial position, with cash and cash equivalents rising to $58.03 million and short-term investments to $70.61 million by June 30, 2026. This was largely driven by a successful public offering in February 2026, which raised $92.00 million in gross proceeds. The company also updated its strategic investor agreements with Rio Tinto and Mitsubishi Materials Corporation.

Western Copper & Gold Corp. provided a corporate update on its Casino Project, highlighting significant progress in the environmental assessment process and continued partner support. The company submitted responses to the Yukon Environmental and Socio-economic Assessment Board (YESAB) on July 15, 2026, moving closer to the establishment of a review panel. Additionally, Mitsubishi Materials Corporation completed the acquisition of 1.2 million common shares, restoring its ownership to approximately 5% and extending their investor rights agreement. The Yukon-B.C. Grid Connect project, crucial for the Casino Project, was also named a federal priority, further strengthening the project's outlook.

Western Copper & Gold Corp announced a further strengthening of its strategic partnership with Mitsubishi Materials Corporation. The companies entered into an amended and restated investor rights agreement, extending its terms until November 30, 2028. This extension is contingent on Mitsubishi Materials acquiring 1.2 million common shares through open market purchases, which will be non-dilutive to current shareholders and will bring Mitsubishi Materials' ownership back to approximately 5%.

Western Copper & Gold Corporation announced a strengthened strategic partnership with Mitsubishi Materials Corporation. The companies entered into an amended and restated investor rights agreement, extending its terms until November 30, 2028. Mitsubishi Materials plans to acquire 1.2 million common shares through open market purchases, which will be non-dilutive to existing shareholders, bringing their ownership back to approximately 5%.

Western Copper and Gold Corporation announced the voting results from its Annual General Meeting (AGM) held on June 12, 2026. The meeting saw strong shareholder participation with 52.21% of outstanding shares represented. All proposed directors were elected with significant majority support, and PricewaterhouseCoopers LLP was re-appointed as the auditor with overwhelming approval.

Western Copper & Gold Corp. is engaged in constructive discussions with Mitsubishi Materials to extend their investor rights agreement and continue their strategic partnership. President & CEO Sandeep Singh expressed optimism about concluding these talks in the near term, aiming to maintain their existing relationship. The company continues to advance its Casino Project, which is positioned as Canada's premier copper-gold mine.

Western Copper & Gold Corp. reported a net loss of $2.54 million for the first quarter of 2026, an increase from $0.64 million in Q1 2025. This quarter was significantly bolstered by a successful bought deal public offering on February 26, 2026, which raised gross proceeds of $92.0 million. This substantial financing has significantly strengthened the company's cash position and ability to advance its Casino Project, with cash and short-term investments seeing a considerable increase.

Western Copper & Gold Corp. announced its Annual General Meeting of Shareholders will be held on June 12, 2026, in Vancouver, British Columbia. The company is utilizing a notice-and-access model for the electronic delivery of meeting materials to shareholders. Key agenda items include the election of directors, the appointment of PricewaterhouseCoopers LLP as auditor, and the receipt of audited financial statements for the year ended December 31, 2025.