Western Copper Secures C$5M from Rio Tinto

Western Copper (TSE:WRN) has released an update.

Western Copper and Gold Corporation has successfully completed a C$5 million private placement with Rio Tinto, who purchased over 2.6 million common shares to maintain their 9.7% interest in the company. This funding supports the development of the Casino Project, which is poised to be Canada’s leading copper-gold mine in the Yukon Territory. Western is dedicated to responsible mining practices in collaboration with First Nations and local communities.

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