Western Copper (TSE:WRN) has released an update.
Western Copper and Gold Corporation has upsized its public offering to $40 million due to a deal with underwriters led by Eight Capital, issuing over 21 million common shares at $1.90 each. The additional funds are earmarked for advancing the permitting and engineering of their Casino Project in the Yukon and for general corporate purposes. The offering is contingent upon regulatory approvals and is anticipated to close by April 30, 2024.
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