US Market News
1日前
Western Copper and Gold Provides Update on Strategic Partnership with Mitsubishi MaterialsJune 4, 2026 7:30 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - June 4, 2026) - Western Copper and Gold Corporation (TSX: WRN) (NYSE American: WRN) ("Western" or the "Company") is pleased to provide an update on its ongoing strategic partnership with Mitsubishi Materials Corporation ("Mitsubishi Materials").Western and Mitsubishi Materials are in productive dialogue to extend the investor rights agreement between both parties, and hope to be able to conclude said extension in the near term. There can be no assurance that the discussions between Western and Mitsubishi Materials will result in a definitive agreement, or as to the timing or terms of any such agreement. The Company will provide further updates as appropriate."Mitsubishi Materials is a committed, highly valued, partner on the Casino Project," said Sandeep Singh, President & CEO. "We look forward to concluding our constructive discussions in the near term and along the same lines as our existing relationship."ABOUT WESTERN COPPER AND GOLD CORPORATIONWestern Copper and Gold Corporation is advancing the Casino Project, Canada's premier copper-gold mine in the Yukon and one of the most economic greenfield copper-gold mining projects in the world. The Company is committed to working collaboratively with First Nations and local communities to progress the Casino Project, using internationally recognized responsible mining technologies and practices.For more information, visit www.westerncopperandgold.com.On behalf of the board, "Sandeep Singh"Sandeep Singh
President & CEO
Western Copper and Gold Corporation For more information, please contact:Cameron Magee
Director, Investor Relations & Corporate Development
Western Copper and Gold Corporation
437-219-5576 or cmagee@westerncopperandgold.comCautionary Note Regarding Forward-Looking StatementsThis news release includes certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable Canadian and United States securities legislation including the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date of this news release. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "plans", "projects", "intends", "estimates", "envisages", "potential", "possible", "strategy", "goals", "opportunities", "objectives", or variations thereof or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions. Such forward-looking statements herein include statements regarding the ongoing discussions between Western and Mitsubishi Materials, the extension of the investor rights agreement, the timing, terms, and completion of any such agreement, and the continued strategic partnership between Western and Mitsubishi Materials.Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual events to be materially different from those expressed or implied by such statements. Such factors include but are not limited to the risk of unforeseen challenges in advancing the Casino Project, potential impacts on operational continuity, changes in general market conditions that could affect the Company's performance, and other risks and uncertainties disclosed in the Company's annual information form and Form 40-F for the most recently completed financial year and its other publicly filed disclosure documents.Forward-looking statements are based on assumptions management believes to be reasonable, such assumptions and factors as set out herein, and in the Company's annual information form and Form 40-F for the most recently completed financial year and its other publicly filed disclosure documents.Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, other factors may cause results to be materially different from those anticipated, described, estimated, assessed or intended. These forward-looking statements represent the Company's views as of the date of this news release. There can be no assurance that any forward-looking statements will be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not intend to and does not assume any obligation to update forward-looking statements other than as required by applicable law.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/300062 Original: Western Copper and Gold Provides Update on Strategic Partnership with Mitsubishi Materials
US Market News
3週前
Yukon Metals Reports 14 g/t Gold in 300-Metre Step-Out Drilling and Optioned Adjacent Sumitomo-Drilled PropertyMay 12, 2026 10:38 AM
PR Newswire (US) Issued on behalf of Yukon Metals Corp.Built by the same prospecting team behind Snowline Gold's 7.94-million-ounce Valley deposit, Yukon Metals is consolidating an 18-project, 43,000+-hectare portfolio across copper, gold, silver, and tungsten — and the institutional money is starting to follow.USA News Group News CommentaryWHITEHORSE, YT, May 12, 2026 /PRNewswire/ -- Gold opened the second quarter of 2026 with prices that would have been unthinkable two years ago. According to the World Gold Council's Q1 2026 Gold Demand Trends report, the LBMA (PM) gold price set a new quarterly average record of US$4,873 per ounce in Q1 2026, with the metal hitting an all-time high of US$5,405 per ounce in January 2026 before correcting [1]. Total gold demand reached 1,231 tonnes (+2% YoY), with the value of demand surging 74% to a record US$193 billion [1]. Central banks added another 244 tonnes to global reserves and bar-and-coin investment climbed 42% to 474 tonnes — the second-highest quarter on record [1]. The capital is flowing back into producers and the highest-conviction juniors at the same time. The question, increasingly, is which untested ground gets pulled into the next wave. The Yukon — for years a place where the geology was indisputably world-class but the capital cycle was indifferent — is finally getting the attention. Snowline Gold's 7.94-million-ounce Valley deposit, the recent strategic alliance between Cascadia Minerals and Agnico Eagle, and Hecla Mining's Keno Hill operation have collectively put the territory back on every generalist's map. Smaller juniors with credible technical teams and contiguous land positions are positioned to be the next beneficiaries.Yukon Metals Corp. (CSE: YMC) (FSE: E770) (OTCQB: YMMCF) is one of them. The company controls an 18-project, 43,000+-hectare portfolio across the territory, built on more than 30 years of prospecting by the Berdahl family — the same team behind Snowline Gold's flagship Rogue Project [2]. In its most recent corporate presentation, Yukon Metals frames its portfolio as "four distinct district plays copper-gold, tungsten, gold, and silver-lead-zinc." [3]. Drill assays released across the past six months at Birch, Carter Gulch, and Star River have started to validate the thesis, and an April 27, 2026 option agreement on the Sumo copper-gold property — previously drilled by Sumac Mines Ltd., a subsidiary of Sumitomo Metal Mining Co., Ltd. — has just consolidated the company's position in what it now calls the "emergent Birch District" [3].A 300-Metre Step-Out Becomes a DiscoveryThe headline result of Yukon Metals' 2025 program came at Birch, the company's 100%-owned, 7,000-hectare copper-gold project located 65 kilometres northeast of Burwash Landing in southwestern Yukon. On December 8, 2025, the company reported that hole BR25-003 — drilled 300 metres northeast of the original discovery hole — intersected 47.4 metres of 0.43 g/t gold from 26.6 metres depth, including 1.0 metre of 14.35 g/t gold at 71.0 metres [4]. That 14 g/t hit is the highest-grade gold intercept ever recorded at Birch, and a deeper interval in the same hole returned 33.8 metres of 0.19 g/t gold from 278.7 metres, supporting the company's interpretation of stacked mineralized horizons [4].Notably, the 14 g/t intercept occurred with minimal arsenic — a geochemical signature typically associated with proximal, higher-temperature skarn environments, the kind generally found close to a porphyry source [4]. Surface prospecting two kilometres south of the drill collars returned rock samples grading up to 16 g/t gold, 1,825 g/t silver, and 0.43% copper, coincident with a large molybdenum soil anomaly [4]."Last year's drilling identified a system transitioning at depth from copper into a gold-rich zone showing multiple mineralization episodes and confirmed that mineralization extends well beyond our initial discovery," says Jim Coates, President and Chief Executive Officer. "The highest-grade gold we have seen at Birch to date came from that program, and it is a key driver of our 2025 exploration plans." The 2025 Birch program totaled 1,685 metres of HQ diamond drill core in six holes off four pads.Carter Gulch: 250 g/t Gold from Float, with a New 70-Claim Block to Cover ItIf Birch was the technical highlight of late 2025, Carter Gulch was the early-2026 surprise. On February 20, 2026, Yukon Metals reported that 2025 rock sampling at Carter Gulch — located approximately 40 kilometres from Whitehorse — returned gold values up to 250 grams per tonne, with an average grade of 17.8 g/t Au across nine samples that exceeded 1 g/t (out of 27 samples submitted) [6]. The peak sample (325933, an oxidised quartz vein float sample) also assayed 41.9 ppm silver, 2,130 ppm copper, and 2.96% lead [6]. Two additional float samples returned 118.5 g/t Au and 38.30 g/t Au respectively [6].Following those results, Yukon Metals staked 68 new quartz claims around the original Kiyoko claims, bringing the total Carter Gulch land position to 70 claims covering approximately 1,462 hectares — a footprint scaled to capture both the historic CG Showing (where 1993 prospecting returned up to 142 g/t Au, 1.3% Pb, and 1.1% Cu) and the nearby Peppy Showing 1.5 kilometres to the southeast [6]. Gravel roads run within two kilometres of the property and the Alaska Highway is ten kilometres from the claim boundary [6].Star River: 11.7 g/t Gold and a Polymetallic Corridor Five Kilometres From a Past-Producing MineThe April 2, 2026 release on Star River — Yukon Metals' silver-lead-zinc-gold project located approximately 5 kilometres from the past-producing Ketza River Gold Mine in southern Yukon — added a different kind of result [7]. The 2025 first-pass drill program tested the F2, F3, and Saddle vein systems with eight holes and confirmed a 1-kilometre-long structural corridor defined by drone magnetic surveying.Highlights from the program include:11.7 g/t gold over 0.5 metres in hole SR25-001 within metre-scale quartz-ankerite-sulphide veins in the F2 zone [7]A separate F2-corridor interval in the same hole returning 183 g/t silver and 10.6% lead over 0.5 metres [7]Hole SR25-006 (south of F2) intersecting three 1.5-metre intervals of 2.4–3.4% zinc in brecciated and veined metasediments [7]F3 vein drilling (holes SR25-007 and SR25-008) returning up to 116 g/t silver and 3.2% lead [7]Multiple holes intersecting gold mineralization between 1.9 and 4.9 g/t [7]Yukon Metals also acquired the contiguous Stump claims, which extend roughly 2 kilometres of prospective ground south along the same structural corridor and cover a historic high-grade silver-lead vein where surface samples have returned more than 2,400 g/t silver and 70% lead over narrow intervals [7].The Sumo Option: A Sumitomo-Drilled Property in the Same DistrictThe April 27, 2026 option agreement on the Sumo copper-gold property is the move that ties the recent results into a district-scale story. Sumo sits approximately 10 kilometres east of Birch and comprises 75 quartz claims totalling roughly 1,875 hectares along the same geological trend [3]. The strategic value lies in what's already been done on the property: between 2013 and 2015, Sumac Mines Ltd. — a subsidiary of Sumitomo Metal Mining Co., Ltd. — drilled 19 diamond drill holes totalling approximately 7,300 metres at Sumo, with core remaining stored on site [3]. The fact that one of the world's largest base-metals producers spent meaningful capital here a decade ago is, in itself, a strong vote of confidence in the geology.Recent work by optionor Ryan Burke — a Yukon prospector also responsible for generating the Catch prospect, now owned by Cascadia Minerals and the subject of a March 2026 earn-in agreement with Agnico Eagle — has added new layers. A 2024 soil grid covering 3 × 2 kilometres returned peak values of 587 ppm copper, 409 ppb gold, and 4.1 ppm molybdenum, and 2025 surface sampling defined a new 1.1 km × 600 m copper-gold skarn target located approximately 1.2 km from the previous Sumitomo-era drill sites [3]. Option terms call for $395,000 in aggregate cash payments and 1.5 million shares over six years, plus $3.6 million in work expenditures, with Burke retaining a 2.5% NSR (1% repurchasable for 750 oz of gold) [3].The Comparable Set: Where Yukon Metals SitsThe peer set explains the framework well. Snowline Gold Corp. (TSX: SGD) (OTCQB: SNWGF) — graduated from the TSX Venture Exchange to the senior Toronto Stock Exchange in November 2025 and added to the GDXJ in March 2026 — is the obvious anchor. Snowline's Valley deposit on the Rogue Project now hosts 7.94 million ounces of gold Measured & Indicated (204 Mt at 1.21 g/t) plus 0.89 million ounces Inferred (44.5 Mt at 0.62 g/t), per the Preliminary Economic Assessment dated August 27, 2025 with an effective date of March 1, 2025 [8]. The company entered 2026 with roughly C$105 million in treasury and announced a new "Crossroad" target on its Cynthia Project in February 2026, with selective grab samples up to 14.1 g/t gold and 3,505 g/t silver [8]. The Berdahl prospecting connection — and the parallel geology between Snowline's Selwyn Basin ground and Yukon Metals' Birch system — gives Yukon Metals shareholders a direct technical lineage to one of the territory's most-watched stories.Hecla Mining Company (NYSE: HL) — described in its own corporate language as "the largest silver producer in the United States and Canada" — operates Keno Hill in the Yukon and reported Q1 2026 sales of $411 million and net income from continuing operations of $165 million on May 5, 2026 [9]. (GAAP net loss attributable to common stockholders was $19 million for the quarter, reflecting a $192 million non-cash write-down related to the sale of Casa Berardi.) Hecla redeemed the remaining $263 million of its 7.25% Senior Notes on April 9, 2026, leaving the company effectively debt-free with a $225 million undrawn revolving credit facility [9]. Q1 silver production at Keno Hill of 0.5 million ounces was down 18% from the prior quarter due to Yukon Energy power supply issues during extreme cold weather, but the operation produced a record 3.0 million ounces in 2025 and remains a key Yukon silver mine [9]. Hecla has budgeted a record $55 million for exploration and pre-development in 2026 [9].Western Copper and Gold Corporation (TSX: WRN) (NYSE American: WRN) advances the Casino copper-gold-molybdenum project in west-central Yukon — a project of national significance with 8.5 million ounces of gold and 5.08 billion pounds of copper in proven and probable reserves per its 2022 Feasibility Study [10]. Western submitted its Environmental and Socio-economic Effects Statement to YESAB on October 6, 2025, and closed an upsized $92 million bought deal financing on February 26, 2026, at $4.15 per share, with combined cash, cash equivalents, and short-term investments of approximately $135 million as of March 26, 2026 [10]. The Casino Technical and Sustainability Committee includes representation from strategic investors Rio Tinto and Mitsubishi Materials [10].The framework matters. Yukon Metals is not yet at Snowline's resource scale and not at Western Copper's permitting stage. But it does sit on 18 projects, 43,000+ hectares, and has now produced credible drill results at three of them in less than six months — Birch, Carter Gulch, and Star River — while securing optionable ground (Sumo) that already saw 7,300 metres of Sumitomo-funded drilling. The capital structure (basic shares of 114.3 million as of October 2025; current basic market cap approximately C$56 million at the May 5 close of C$0.49) leaves substantial room for re-rating if any one of the three properties advances toward a maiden resource [11].Why NowThe 2026 macro setup for gold and silver is the most supportive in a generation. Hecla's realized Q1 2026 silver price was $82.70 per ounce, more than double the prior-year quarter [9]. Newmont's Q1 2026 realized gold price of $4,900 per ounce drove a 96% year-over-year increase in net income to $3.3 billion and a record $3.1 billion of free cash flow [12]. In a market like this, exploration-stage companies with multiple drill-ready targets, a recognized technical pedigree, and contiguous land positions tend to receive disproportionate capital. Yukon Metals checks all three boxes — and the recent Sumo addition shows the management team is using the moment to consolidate, not just publish.The next data points to watch: 2026 drill program details across Birch, Star River, AZ (where rock chip samples have graded up to 26% copper and a Dec 4, 2025-effective NI 43-101 technical report was filed in March 2026), and follow-up at Sumo's recently defined 1.1 km × 600 m copper-gold skarn target [3,13].Continuing coverage of Yukon Metals Corp. and the broader Yukon mining sector is available at https://equity-insider.com/ymc-landingCONTACT:
USA NEWS GROUP
https://usanewsgroup.com/
info @acblanke1DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USA News Group is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). MIQ has been paid a fee for Yukon Metals Corp. advertising and digital media from the company directly. There may be 3rd parties who may have shares of Yukon Metals Corp., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ does not currently own any shares of Yukon Metals Corp. but reserves the right to buy and sell, and will buy and sell shares of Yukon Metals Corp. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material disseminated by MIQ has been approved by the above mentioned company; this is a paid advertisement, and we own shares of the mentioned company that we will sell, and we also reserve the right to buy shares of the company in the open market, or through further private placements and/or investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment. SOURCES:[1] World Gold Council, "Gold Demand Trends Q1 2026," April 30, 2026, https://www.gold.org/goldhub/research/gold-demand-trends/gold-demand-trends-q1-2026[2] Yukon Metals Corp. corporate website, https://yukonmetals.com/[3] Yukon Metals Corp., "Yukon Metals Options Copper-Gold Project from Renowned Yukon Prospector Ryan Burke, Solidifying Position in Emergent Birch District," April 27, 2026[3a] Yukon Metals Corp., Corporate Presentation, May 5, 2026, https://yukonmetals.com/images/pdf/Presentation/2026/26-05-05_FINAL_YMC_PRESENTATION_2.pdf[4] Yukon Metals Corp., "14 G/T Au Within 47m of Gold-Bearing Skarn from 26m Depth in 300m Step-Out at Birch Cu-Au Project," December 8, 2025[5] Yukon Metals Corp., "Yukon Metals Appoints Jim Coates as Permanent Full-Time CEO," March 2, 2026[6] Yukon Metals Corp., "Yukon Metals Samples Up to 250 G/T Gold in Rock and Expands Land Position at Carter Gulch, Yukon," February 20, 2026[7] Yukon Metals Corp., "Yukon Metals Intersects 11.7 g/t Gold Within Extensive Vein System in First Drill Program and Expands Land Package at Star River Property," April 2, 2026[8] Snowline Gold Corp., "Snowline Gold Intersects Strong Intervals in Geotechnical Drilling at Valley and Discovers New Mineralized Target," February 11, 2026, https://www.snowlinegold.com/news/snowline-gold-intersects-strong-intervals-in-geotechnical-drilling-at-valley-and-discovers-new-mineralized-target[9] Hecla Mining Company, "Hecla Reports First Quarter 2026 Results," May 5, 2026[10] Western Copper and Gold Corporation, "Western Copper and Gold Announces Submission of ESE Statement," October 6, 2025; SEC Form 6-K, March 26, 2026; "Western Copper and Gold Announces Positive Feasibility on Casino," June 28, 2022[11] Yukon Metals Corp. Stock Information, https://yukonmetals.com/investors/stock-information; Yahoo Finance, May 5, 2026[12] Newmont Corporation, "Newmont Generates Record Quarterly Earnings and Free Cash Flow, Reports First Quarter 2026 Results and Announces Increased Share Repurchase Authorization," April 23, 2026[13] Yukon Metals Corp., "Yukon Metals Files Technical Report for the AZ Project, Yukon," March 17, 2026Logo: https://mma.prnewswire.com/media/2838876/5656770/USA_News_Group_Logo.jpg View original content:https://www.prnewswire.com/news-releases/yukon-metals-reports-14-gt-gold-in-300-metre-step-out-drilling-and-optioned-adjacent-sumitomo-drilled-property-302769606.html Original: Yukon Metals Reports 14 g/t Gold in 300-Metre Step-Out Drilling and Optioned Adjacent Sumitomo-Drilled Property
US Market News
2月前
Western Copper and Gold Reports 2025 Annual Results and Corporate UpdateMarch 26, 2026 6:00 PM
NewsfileVancouver, British Columbia--(Newsfile Corp. - March 26, 2026) - Western Copper and Gold Corporation (TSX: WRN) (NYSE American: WRN) ("Western" or the "Company") is pleased to announce the filing of its fourth quarter and annual financial results for the year ended December 31, 2025. The audited consolidated financial statements and management's discussion and analysis ("MD&A") are available on the Company's website at www.westerncopperandgold.com and have been filed under the Company's profile on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov.All references to currency in this news release are in Canadian dollars, unless otherwise noted.Highlights and Recent DevelopmentsFinancial Summary: As of December 31, 2025, the Company held cash, cash equivalents and short-term investments of $50.5 million. During the year, the Company invested $21.6 million in exploration and evaluation activities to advance permitting and engineering at the Casino Project. Subsequent to year-end, the Company closed an upsized $92.0 million bought deal public offering (22,169,125 common shares at $4.15 per share), significantly strengthening its financial position. As of March 26, 2026, the Company held cash, cash equivalents and short-term investments of approximately $135 million.Key Technical Appointments: On January 12, 2026, the Company announced the appointment of Bob Dirk as Chief Operating Officer and Christian Roldan as Vice President, Technical. Mr. Dirk brings 37 years of experience, including 20 years at Suncor Energy where he served as the senior operational leader on the Fort Hills mega-project. Mr. Roldan brings over 25 years of mine lifecycle experience, including senior roles with Newmont and direct experience navigating the Yukon Environmental and Socio-economic Assessment Board ("YESAB") assessment process, having successfully advanced the Coffee Project to a positive recommendation in the Yukon.YESAB Panel Review Progressing: On October 3, 2025, the Company submitted its Environmental and Socio-economic Effects Statement ("ESE Statement") to YESAB. As part of the sufficiency review phase, the Company is preparing responses to supplementary information and clarification requests received from YESAB's Executive Committee. The sufficiency review process may involve additional requests by YESAB before it is concluded. Upon a determination of sufficiency, the Executive Committee will proceed to formally establish the Panel to conduct its technical analysis of the Project.Government of Yukon Takes Action to Support Major Mines: On March 2, 2026, the Government of Yukon announced a restructuring of its Mineral Resources Branch, creating a dedicated Major Mines and Technical Services branch and establishing a Deputy Minister's Oversight Committee on Major Mines and Critical Minerals. These measures are designed to improve coordination, reduce permitting delays, and provide regulatory certainty for mine development projects in the territory.Infrastructure Advancement in the North: On November 13, 2025, Prime Minister Carney referred the Northwest Critical Conservation Corridor - including the proposed Yukon-B.C. Grid Connect - to the federal Major Projects Office to accelerate its development. Sandeep Singh, President and Chief Executive Officer stated, "Western has spent years preparing for this stage of Casino's development. Over the past several months, we submitted our ESE Statement, brought on additional technical leadership, and closed a $92 million financing. We continue to responsibly progress one of Canada's most significant mining projects through the early stages of an assessment process, at a time when advancing these types of projects is of critical importance, and into a positive market backdrop."ABOUT WESTERN COPPER AND GOLD CORPORATIONWestern Copper and Gold Corporation is advancing the Casino Project, Canada's premier copper-gold mine in the Yukon and one of the most economic greenfield copper-gold mining projects in the world. The Company is committed to working collaboratively with First Nations and local communities to progress the Casino Project, using internationally recognized responsible mining technologies and practices.For more information, visit www.westerncopperandgold.com.On behalf of the board, "Sandeep Singh"Sandeep Singh
President & CEO
Western Copper and Gold Corporation For more information, please contact:Cameron Magee
Director, Investor Relations & Corporate Development
Western Copper and Gold Corporation
437-219-5576 or cmagee@westerncopperandgold.comCautionary Note Regarding Forward-Looking StatementsThis news release includes certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable Canadian and United States securities legislation including the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date of this news release. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "plans", "projects", "intends", "estimates", "envisages", "potential", "possible", "strategy", "goals", "opportunities", "objectives", or variations thereof or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions. Such forward-looking statements herein include statements regarding the Company's plans and ability to advance the Casino Project, including permitting, engineering and de-risking activities, the YESAB Panel Review process including the sufficiency review and the formal establishment of the Panel to conduct its technical analysis of the Project, the potential development of the Yukon-B.C. Grid Connect, the expected impact of federal and territorial policy initiatives, and the Company's financial position.Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual events to be materially different from those expressed or implied by such statements. Such factors include but are not limited to the risk of unforeseen challenges in advancing the Casino Project, potential impacts on operational continuity, changes in general market conditions that could affect the Company's performance, and other risks and uncertainties disclosed in the Company's annual information form and Form 40-F for the most recently completed financial year and its other publicly filed disclosure documents.Forward-looking statements are based on assumptions management believes to be reasonable, such assumptions and factors as set out herein, and in the Company's annual information form and Form 40-F for the most recently completed financial year and its other publicly filed disclosure documents.Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, other factors may cause results to be materially different from those anticipated, described, estimated, assessed or intended. These forward-looking statements represent the Company's views as of the date of this news release. There can be no assurance that any forward-looking statements will be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not intend to and does not assume any obligation to update forward-looking statements other than as required by applicable law.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/290021
Original: Western Copper and Gold Reports 2025 Annual Results and Corporate Update
US Market News
3月前
Western Copper and Gold Announces Completion of Bought Deal Public Offering of $92 MillionFebruary 26, 2026 8:34 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - February 26, 2026) - Western Copper and Gold Corporation (TSX: WRN) (NYSE American: WRN) (the "Company") is pleased to announce that it has completed its previously announced bought deal public offering (the "Offering") of 22,169,125 common shares of the Company (the "Common Shares") at a price of $4.15 per Common Share for gross proceeds of $92,001,868.75, including the full exercise of the over-allotment option.The Offering was completed pursuant to an underwriting agreement dated February 12, 2026 entered into between the Company and a syndicate of underwriters led by Stifel Canada, and including ATB Capital Markets Corp., National Bank Financial Inc., Agentis Capital Markets, BMO Capital Markets, Canaccord Genuity Corp., CIBC World Markets Inc. and H.C. Wainwright & Co., LLC (the "Underwriters"). In connection with the Offering, the Company paid the Underwriters a cash commission equal to 5.0% of the gross proceeds, other than on sales of an aggregate of 1,098,500 Common Shares to purchasers on a president's list.The net proceeds from the sale of the Common Shares are expected to be used to advance permitting and engineering activity at the Company's Casino Project in the Yukon and for general corporate and working capital purposes.The Offering was completed by way of a short form prospectus (the "Prospectus") filed in all of the provinces of Canada, except Québec, and in the United States pursuant to a prospectus filed as part of a registration statement on Form F-10 (the "Registration Statement") under the Canada/U.S. multi-jurisdictional disclosure system. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the Common Shares in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction. The Prospectus is available on SEDAR+ at www.sedarplus.ca. The Registration Statement is available on EDGAR at www.sec.gov.Certain directors and officers of the Company (the "Insiders") participated in the Offering. The Insiders' participation in the Offering constitutes a "related party transaction" as defined in Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("61-101"). The Company is relying on the exemptions from the formal valuation and minority shareholder approval requirements contained in sections 5.5(a) and 5.7(1)(a) of 61-101 in respect of the Offering as neither the fair market value of the securities issued to the Insiders nor the consideration paid by the Insiders for such securities exceed 25% of the Company's market capitalization. The Company will file a material change report in respect of the Offering. However, the Company did not file a material change report 21 days prior to closing of the Offering as the participation of insiders of the Company in the Offering had not been confirmed at that time.About Western Copper and Gold CorporationWestern Copper and Gold Corporation is advancing the Casino Project, Canada's premier copper-gold mine in the Yukon and one of the most economic greenfield copper-gold mining projects in the world.The Company is committed to working collaboratively with First Nations and local communities to progress the Casino Project, using internationally recognized responsible mining technologies and practices.On behalf of the board,"Sandeep Singh"Sandeep Singh
Chief Executive Officer
Western Copper and Gold CorporationFor more information, please contact:Cameron Magee
Director, Investor Relations & Corporate Development
Western Copper and Gold Corporation
437-219-5576 or cmagee@westerncopperandgold.comCautionary Note Regarding Forward-Looking StatementsThis news release contains certain forward-looking statements concerning the use of proceeds from the Offering. Statements that are not historical fact are "forward-looking statements" as that term is defined in the United States Private Securities Litigation Reform Act of 1995 and other U.S. securities law and "forward-looking information" as that term is defined in National Instrument 51-102 ("NI 51-102") of the Canadian Securities Administrators (collectively, "forward-looking statements"). Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible" and similar expressions, or statements that events, conditions or results "will", "may", "could" or "should" occur or be achieved. The material factors or assumptions used to develop forward-looking statements include, but are not limited to, that market or business conditions will not change in a materially adverse manner. Forward-looking statements are statements about the future and are inherently uncertain, and actual results, performance or achievements of the Company and its subsidiaries may differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements due to a variety of risks, uncertainties and other factors. Such risks and other factors include, among others, risks involved in fluctuations in gold, copper and other commodity prices and currency exchange rates; uncertainties related to raising sufficient capital in a timely manner and on acceptable terms; and other risks and uncertainties disclosed in the Company's AIF and Form 40-F, including those under the heading "Risk Factors" and other information released by the Company and filed with the applicable regulatory agencies. The Company's forward-looking statements are based on the beliefs, expectations and opinions of management on the date the statements are made, and the Company does not assume, and expressly disclaims, any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as otherwise required by applicable securities legislation. For the reasons set forth above, investors should not place undue reliance on forward-looking statements.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285461
Original: Western Copper and Gold Announces Completion of Bought Deal Public Offering of $92 Million
US Market News
3月前
Western Copper and Gold Announces Filing of Final Short Form ProspectusFebruary 20, 2026 5:40 PM
NewsfileFinal Short Form Prospectus Accessible on SEDAR+Vancouver, British Columbia--(Newsfile Corp. - February 20, 2026) - Western Copper and Gold Corporation. (TSX: WRN) (NYSE American: WRN) (the "Company") is pleased to announce that, further to its news releases dated February 11, 2026 and February 12, 2026, it has filed a final short form prospectus dated February 20, 2026 (the "Final Prospectus") with the securities commissions in each of the provinces of Canada, except Quebec, in connection with its bought deal public offering of common shares of the Company (the "Common Shares") at a price of C$4.15 per Common Share for gross proceeds to the Company of approximately C$80,001,625 (the "Offering"). The Offering is being conducted through a syndicate of underwriters including Stifel Canada, as lead underwriter and sole bookrunner, along with ATB Capital Markets Corp., National Bank Financial Inc., Agentis Capital Markets, BMO Capital Markets, Canaccord Genuity Corp., CIBC World Markets Inc. and H.C. Wainwright & Co., LLC (collectively, the "Underwriters"). The Company has granted the Underwriters an option (the "Over-Allotment Option"), exercisable, in whole or in part, at any time until and including 30 days following the closing of the Offering, to purchase up to an additional 2,891,625 Common Shares of the Offering. If this option is exercised in full, an additional C$12,000,243.75 in gross proceeds will be raised pursuant to the Offering and the aggregate gross proceeds of the Offering will be approximately C$92,001,869.Access to the Final Prospectus and any amendment to the documents is provided in accordance with securities legislation relating to procedures for providing access to a prospectus. The Final Prospectus is accessible on SEDAR+ at www.sedarplus.ca. An electronic or paper copy of the Final Prospectus and any amendment may be obtained, without charge, from Stifel Canada by 161 Bay Street, Suite 3800, Toronto, Ontario, Canada M5J 2S1 or by email at syndprospectus@stifel.com by providing the contact with an email address or address, as applicable. The Final Prospectus contains important detailed information about the Company and the Offering. Prospective investors should read the Final Prospectus and the other documents the Company has filed on SEDAR+ before making an investment decision.The Common Shares will also be offered in the United States pursuant to a prospectus filed as part of a registration statement on Form F-10 (together with any amendments thereto, the "Registration Statement") under the Canada/U.S. multi-jurisdictional disclosure system. The Registration Statement relating to the Common Shares has been filed with the United States Securities and Exchange Commission. The Registration Statement is available on EDGAR at www.sec.gov. Alternatively, the Registration Statement and the prospectus included therein may be obtained, for free upon request, from Stifel Canada at 161 Bay Street, Suite 3800, Toronto, Ontario, Canada M5J 2S1 or by email at syndprospectus@stifel.com. The Registration Statement and prospectus included therein contains important detailed information about the Company and the Offering. Prospective investors should read the Registration Statement and such prospectus and the other documents the Company has filed on EDGAR before making an investment decision.The Offering is scheduled to close on or about February 26, 2026, and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the Toronto Stock Exchange and the NYSE American and the applicable securities regulatory authorities.About Western Copper and Gold CorporationWestern Copper and Gold Corporation is advancing the Casino Project, Canada's premier copper-gold mine in the Yukon and one of the most economic greenfield copper-gold mining projects in the world.The Company is committed to working collaboratively with First Nations and local communities to progress the Casino Project, using internationally recognized responsible mining technologies and practices.On behalf of the board,"Sandeep Singh"Sandeep Singh
Chief Executive Officer
Western Copper and Gold CorporationFor more information, please contact:Cameron Magee
Director, Investor Relations & Corporate Development
Western Copper and Gold Corporation
437-219-5576 or cmagee@westerncopperandgold.comCautionary Note Regarding Forward-Looking StatementsThis news release contains certain forward-looking statements concerning the timing and completion of the Offering, the gross proceeds of the Offering and the use of proceeds from the Offering, the over-allotment option to be granted to the Underwriters, the necessary regulatory approvals required for the Offering being received and the expected closing date of the Offering. Statements that are not historical fact are "forward-looking statements" as that term is defined in the United States Private Securities Litigation Reform Act of 1995 and other U.S. securities law and "forward-looking information" as that term is defined in National Instrument 51-102 ("NI 51-102") of the Canadian Securities Administrators (collectively, "forward-looking statements"). Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible" and similar expressions, or statements that events, conditions or results "will", "may", "could" or "should" occur or be achieved. The material factors or assumptions used to develop forward-looking statements include, but are not limited to, the assumptions that all regulatory approvals of the Offering will be obtained in a timely manner; all conditions precedent to completion of the Offering will be satisfied in a timely manner; and that market or business conditions will not change in a materially adverse manner. Forward-looking statements are statements about the future and are inherently uncertain, and actual results, performance or achievements of the Company and its subsidiaries may differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements due to a variety of risks, uncertainties and other factors. Such risks and other factors include, among others, risks involved in fluctuations in gold, copper and other commodity prices and currency exchange rates; uncertainties related to raising sufficient capital in a timely manner and on acceptable terms; and other risks and uncertainties disclosed in the Company's AIF and Form 40-F, including those under the heading "Risk Factors" and other information released by the Company and filed with the applicable regulatory agencies. The Company's forward-looking statements are based on the beliefs, expectations and opinions of management on the date the statements are made, and the Company does not assume, and expressly disclaims, any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as otherwise required by applicable securities legislation. For the reasons set forth above, investors should not place undue reliance on forward-looking statements.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/284767
Original: Western Copper and Gold Announces Filing of Final Short Form Prospectus
US Market News
4月前
Western Copper and Gold Announces C$50 Million Bought Deal FinancingFebruary 11, 2026 4:33 PM
PR Newswire (US)
VANCOUVER, BC, Feb. 11, 2026 /PRNewswire/ - Western Copper and Gold Corporation (TSX: WRN) (NYSE: WRN) (the "Company") is pleased to announce it has entered into an agreement with Stifel Canada, on its own behalf and on behalf of a syndicate of underwriters (the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 12,048,400 common shares of the Company (the "Common Shares") at a price of C$4.15 per Common Share (the "Offering Price") for gross proceeds to the Company of approximately C$50,000,860 (the "Offering").The Company has granted the Underwriters an option, exercisable, in whole or in part, at any time until and including 30 days following the closing of the Offering, to purchase up to an additional 1,807,260 Common Shares of the Offering. If this option is exercised in full, an additional C$7,500,129 in gross proceeds will be raised pursuant to the Offering and the aggregate gross proceeds of the Offering will be approximately C$57,500,989.The Company plans to use the net proceeds from the Offering to advance permitting and engineering activity at the Company's Casino Project in the Yukon, and for general corporate and working capital purposes.The Offering will be made by way of a short form prospectus (together with any amendments thereto, the "Prospectus") filed in all of the provinces of Canada, except Québec, and in the United States pursuant to a prospectus filed as part of a registration statement on Form F-10 (together with any amendments thereto, the "Registration Statement") under the Canada/U.S. multi-jurisdictional disclosure system. The Prospectus and the Registration Statement are subject to completion and amendment. Such documents contain important information about the Offering. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the Common Shares in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.The Registration Statement relating to the Common Shares has been filed with the United States Securities and Exchange Commission but has not yet become effective. The Common Shares to be sold pursuant to the Offering described in this news release may not be sold nor may offers to buy be accepted prior to the time the Registration Statement becomes effective. Before readers invest, they should read the Prospectus in the Registration Statement and other documents the Company has filed with Canadian regulatory authorities and the United States Securities and Exchange Commission for more complete information about the Company and the Offering. The Prospectus is available on SEDAR+ at www.sedarplus.ca. The Registration Statement is available on EDGAR at www.sec.gov. Alternatively, the Prospectus and the Registration Statement may be obtained, for free upon request, from Stifel Canada at 161 Bay Street, Suite 3800, Toronto, Ontario, Canada M5J 2S1 or by email at syndprospectus@stifel.com.The Offering is scheduled to close on or about February 26, 2026, and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the Toronto Stock Exchange and the NYSE American and the applicable securities regulatory authorities.About Western Copper and Gold CorporationWestern Copper and Gold Corporation is advancing the Casino Project, Canada's premier copper-gold mine in the Yukon and one of the most economic greenfield copper-gold mining projects in the world. The Company is committed to working collaboratively with First Nations and local communities to progress the Casino Project, using internationally recognized responsible mining technologies and practices.On behalf of the board,"Sandeep Singh"Sandeep Singh
Chief Executive Officer
Western Copper and Gold CorporationFor more information, please contact:Cameron Magee
Director, Investor Relations & Corporate Development
Western Copper and Gold Corporation
437-219-5576 or cmagee@westerncopperandgold.comCautionary Note Regarding Forward-Looking StatementsThis news release contains certain forward-looking statements concerning the timing and completion of the Offering, the gross proceeds of the Offering and the use of proceeds from the Offering, the over-allotment option to be granted to the Underwriters, the necessary regulatory approvals required for the Offering being received and the expected closing date of the Offering. Statements that are not historical fact are "forward-looking statements" as that term is defined in the United States Private Securities Litigation Reform Act of 1995 and other U.S. securities law and "forward-looking information" as that term is defined in National Instrument 51-102 ("NI 51-102") of the Canadian Securities Administrators (collectively, "forward-looking statements"). Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible" and similar expressions, or statements that events, conditions or results "will", "may", "could" or "should" occur or be achieved. The material factors or assumptions used to develop forward-looking statements include, but are not limited to, the assumptions that all regulatory approvals of the Offering will be obtained in a timely manner; all conditions precedent to completion of the Offering will be satisfied in a timely manner; and that market or business conditions will not change in a materially adverse manner. Forward-looking statements are statements about the future and are inherently uncertain, and actual results, performance or achievements of the Company and its subsidiaries may differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements due to a variety of risks, uncertainties and other factors. Such risks and other factors include, among others, risks involved in fluctuations in gold, copper and other commodity prices and currency exchange rates; uncertainties related to raising sufficient capital in a timely manner and on acceptable terms; and other risks and uncertainties disclosed in the Company's AIF and Form 40-F, including those under the heading "Risk Factors" and other information released by the Company and filed with the applicable regulatory agencies. The Company's forward-looking statements are based on the beliefs, expectations and opinions of management on the date the statements are made, and the Company does not assume, and expressly disclaims, any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as otherwise required by applicable securities legislation. For the reasons set forth above, investors should not place undue reliance on forward-looking statements.
View original content:https://www.prnewswire.com/news-releases/western-copper-and-gold-announces-c50-million-bought-deal-financing-302685689.htmlSOURCE Western Copper and Gold Corporation
Original: Western Copper and Gold Announces C$50 Million Bought Deal Financing
Bitfury
6年前
WRN - Western Gold.
Western Copper and Gold Announces Strategic Investment by Michael Vitton
VANCOUVER, B.C. Western Copper and Gold Corporation (“Western” or the “Company”) (TSX: WRN; NYSE American: WRN) announces that strategic investor, Michael Vitton, has agreed to purchase 3,000,000 units (the “Units”) at a price of $0.65 per Unit to raise gross proceeds of up to $1.95 million on a private placement basis (the “Private Placement”).
Each Unit will consist of one common share of the Company (a “Share”) and half of one non-transferable warrant (each whole warrant, a “Warrant”). Each Warrant will entitle the holder to purchase one additional Share at a price of $0.85 for a period of 60 months from closing.
Western plans to close the Private Placement as soon as practicable subject to receipt of all necessary regulatory approvals, including the approval of the TSX.
The Company intends to use the proceeds from the Private Placement for development of the Casino Project and for general corporate purposes.
This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable securities laws or an exemption from such registration is available.
ABOUT MICHAEL VITTON
Mr. Vitton is the former Executive Managing Director, Head, US Equity Sales, Bank of Montreal Capital Markets (BMO Capital Markets) where he originated and placed more than USD $200 billion through public and secondary offerings and M&A transactions.
Mr. Vitton, has acted as seed investor, lead/co-lead underwriter or in a M&A capacity in some of the most important deals in the metal resource sector including African Platinum Ltd., Arequipa Resources Ltd., Bema Gold Corp, Brancotte Resources, Comaplex Minerals Corp., Diamond Fields Resources Inc., Echo Bay Mines Ltd., Francisco Gold Corp., Franco-Nevada Corp., Gammon Gold Inc., Getchell Gold Corp., Golden Shamrock Mines Ltd., Guinor Resources Ltd., Hemlo Gold Mines Inc., Ivanhoe Mines Ltd., Meridian Gold Inc., MexGold Resources Inc., Minefinders Corporation Ltd., Moto Goldmines Ltd., New Gold Inc., Northern Orion Resources Inc., Peru Copper Inc., Wheaton River Minerals Ltd., Randgold Resources Ltd., Rio Narcea Gold Mines Ltd., Skye Resources Inc., Semafo Inc., Sino Gold Mining Ltd., Eurasia Mining PLC, Uramin Inc., Osisko Mining Inc., and Detour Gold Corp. among many others.
Mr. Vitton was also the co-founder of MMX Minerals e Metalicos SA (Brazil) (“MMX”) and LLX Logistica SA (Brazil). MMX sold Minas Rio and Amapa assets to Anglo American Corporation for USD $5.5 billion in cash in December 2008, returning USD $8.8 billion in cash or stock distributions to MMX shareholders, offering six times return from IPO after only two years. LLX Logistica (Acu Port) was sold to EIG (Energy Infrastructure Group). Additionally, he co- founded Petro Rio SA, one of the leading Brazilian public oil and gas producers, commanding today a market capitalization of USD $1.5 billion dollars.
Recently, Mr. Vitton has acted as seed investor and capital markets advisor from inception to Newmarket Gold Inc., sold to Kirkland Lake Gold Ltd. for CAD $ 1 billion, combining to form a CAD $2.4 billion company. Kirkland Lake Gold Ltd. was awarded 2018 Digger of the Year (Diggers and Dealers). He acted as investor and capital markets advisor to ASX-listed Gold Road Resources Ltd., raising AUD $57 million, and bringing the Gruyere gold mine into production jointly with Gold Fields SA. Gold Road Resources Ltd. won the Diggers and Dealers award for best deal in 2017. Mr. Vitton is partner and member of P5 Infrastructure, operating in partnership with EQT Infrastructure/CMA CGM, where EQT Infrastructure/P5 Infrastructure acquired 90% of Global Gateway South Terminal, a deep sea terminal in Long Beach Harbor, CA.
Mr. Vitton is a graduate of the University of Michigan Business School, former Seat Holder, NYSE, and former President, New York Society of Metals Analysts. He has invested and partnered with some of the largest sovereign fund, private equity funds, mutual and hedge funds. Mr. Vitton is focused on the energy, infrastructure, industrial and mining sectors.
ABOUT WESTERN COPPER AND GOLD CORPORATION
Western Copper and Gold Corporation is developing the Casino Project, Canada’s premier copper-gold mine in the Yukon Territory and one of the most economic greenfield copper-gold mining projects in the world. For more information, visit www.westerncopperandgold.com.
On behalf of the board,
“Paul West-Sells”
Dr. Paul West-Sells
President and CEO
Western Copper and Gold Corporation
For more information, please contact:
Chris Donaldson
Director, Corporate Development
604.638.2520 or cdonaldson@westerncopperandgold.com
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