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 financing with Rio Tinto, which acquired additional shares to maintain its 9.7% interest in the company. The funds bolster Western’s development of the Casino Project, poised to become Canada’s leading copper-gold mine in Yukon Territory, highlighting the company’s commitment to responsible mining.

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