Western Copper Stock Price, News & Analysis

Western Copper and Gold (WRN) has announced an extension and revision of its Investor Rights Agreement with Rio Tinto Canada. Under the revised agreement, Rio Tinto will maintain its position on the Casino Technical and Sustainability Committee (TSC) alongside Mitsubishi Materials and Western representatives. The agreement extends until November 30, 2026, or until Rio Tinto's ownership drops below 5%. While Rio Tinto's standstill and trading restrictions remain in effect, their previous board observer right and potential board seat rights have been removed. The collaboration aims to leverage Rio Tinto's expertise while allowing Western to maintain greater board independence.

Western Copper and Gold Corporation (TSX: WRN) (NYSE American: WRN) held its Annual General Meeting on June 12, 2025, with 49.58% of outstanding shares represented. All six directors were successfully elected with strong shareholder support, with approval ratings ranging from 72.60% to 99.85%. Notably, Sandeep Singh received the highest approval at 99.85%, while Michael Vitton received 72.60% of votes. PricewaterhouseCoopers LLP was reappointed as auditor with 99.77% shareholder approval. The meeting had a total of 99,165,184 common shares represented.

Western Copper and Gold Corporation (TSX: WRN) (NYSE American: WRN) has announced that Mitsubishi Materials Corporation has fulfilled the condition to extend their investor rights agreement by purchasing 2 million common shares through open market transactions. This acquisition has increased Mitsubishi Materials' ownership to approximately 5% of Western Copper. As a result, the investor rights agreement between the two companies has been extended until May 30, 2026, following the amended terms announced on April 15, 2025. The company's CEO, Sandeep Singh, expressed satisfaction with maintaining and strengthening their relationship with Mitsubishi Materials, highlighting their role as a supportive shareholder in advancing the Casino Project.

Western Copper and Gold Corporation (NYSE: WRN) has announced changes to its board of directors as part of its ongoing board renewal process. Dr. Bill Williams will retire from his last board position, while Tara Christie will not seek re-election to focus on other executive commitments. The company has nominated Pamela O'Hara for election to the board at the upcoming AGM on June 12, 2025. O'Hara brings over 30 years of experience in mining and transportation infrastructure projects, particularly in the Yukon region. She has extensive expertise in permitting major projects including Ekati and Voisey's Bay. As a Registered Professional Biologist and Certified Sustainability Practitioner, O'Hara's experience will be valuable as Western advances its Casino Project through environmental assessment and permitting.

Western Copper and Gold (TSX: WRN) (NYSE American: WRN) has strengthened its strategic partnership with Mitsubishi Materials through an amended investor rights agreement extending until May 30, 2026. The agreement is contingent on Mitsubishi Materials purchasing 2 million common shares through open market transactions, which will increase their ownership stake to approximately 5%.

The share acquisition will be non-dilutive to existing shareholders as no new shares will be issued. The company's CEO, Sandeep Singh, highlighted this investment as a vote of confidence in both the team and the Casino Project, which is positioned as one of Canada's significant critical minerals projects.

Western Copper and Gold (TSX: WRN) (NYSE American: WRN) has provided key updates on infrastructure initiatives for its Casino Copper-Gold Project.

Three major developments include:

• Natural Resources Canada approved $40M in funding for the B.C.-Yukon Grid Connect Project, with Yukon Development committing an additional 25% funding. The agreement was signed on February 14, 2025.
• The Yukon Resource Gateway Project has expanded to include the Dempster Highway, resulting in some funding reallocation from the Casino Copper-Gold Access Road.
• Completion of an updated Port of Skagway transportation study revealed promising alternatives with costs aligned with or below 2022 feasibility estimates.

CEO Sandeep Singh highlighted the project's resilience, noting gold prices have risen nearly US$750 per ounce in the past year, and emphasized growing political support for mining in the Canadian economy.

Western Copper and Gold (TSX: WRN) (NYSE American: WRN) has announced positive results from a supplemental metallurgical program for its Casino Copper-Gold Project. The program, using 2023 drill core composites, demonstrated improved recoveries and concentrate quality:

- Standard processing methods achieved good copper and gold recoveries, with significantly higher molybdenum recoveries (90% in hypogene material vs 71% in previous Feasibility Study)
- The project will produce high-grade copper concentrate with gold content and a separate molybdenum concentrate, both with low impurity levels
- Initial coarse particle separation tests suggest potential for increased primary grind size without sacrificing recoveries

The testing program, developed by Western's Technical Committee with Rio Tinto and Mitsubishi Materials, involved fifteen 200kg composites tested at ALS Metallurgy. The Casino project consists of two main zones: Supergene Sulphide (25% of resource) and Hypogene (70% of resource).

Western Copper and Gold (TSX: WRN) (NYSE American: WRN) has completed its management succession process, with Dr. Paul West-Sells stepping down as President on December 31, 2024. Sandeep Singh has assumed the role of President while maintaining his position as Chief Executive Officer.

The company strengthened its leadership structure throughout 2024 by adding several professionals to both the senior management team and Board of Directors. The company maintains confidence in its Yukon-led projects team and anticipates significant developments for the Casino project in 2025.

Western Copper and Gold (TSX: WRN) (NYSE American: WRN) has appointed Raymond Threlkeld as Chairman of the Board. Threlkeld, who joined the Board on June 27, 2024, succeeds Dr. Bill Williams, who served as Interim Chairman since February 22, 2024. Williams will continue to serve on the Board as a director.

Bill Williams expressed confidence in Threlkeld's leadership, citing his extensive background in project development, construction, and executive management. Threlkeld stated his excitement to lead the Board during this pivotal time for Western and his eagerness to collaborate with fellow directors and management to unlock the full potential of the Casino Project.