Western Copper (TSE:WRN) has released an update.
Western Copper and Gold Corporation has announced an increase in their public offering to $40 million, with the intention of selling over 21 million common shares at $1.90 each. This capital raise is aimed at funding the advancement of their Casino Project in Yukon and for general corporate needs. The offering, which also includes an over-allotment option for underwriters, is set to close by April 30, 2024, pending regulatory approvals.
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