Western Copper (TSE:WRN) has released an update.
Western Copper and Gold Corporation successfully completed a bought deal public offering, raising $46 million through the sale of over 24 million common shares. The net proceeds are earmarked for advancing the permitting and engineering of the Casino Project in the Yukon, as well as for general corporate purposes. The offering included an over-allotment option and saw the participation of company insiders, adhering to regulatory exemptions.
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