Western Copper and Mitsubishi Materials Extend Key Investor Rights Agreement to 2026

Western Copper and Gold Corporation, based in Vancouver, has officially extended its investor rights agreement with Mitsubishi Materials Corporation, a strategic move highlighting their ongoing partnership. The extension is effective until May 30, 2026, and comes after Mitsubishi acquired an additional two million common shares, raising its stake in Western to approximately five percent. This development follows the terms initially announced on April 15, 2025, and reflects both companies' commitment to a collaborative relationship.

Sandeep Singh, the President and CEO of Western Copper, expressed his satisfaction with the renewed agreement, stating, "We are extremely pleased to maintain, and enhance, our relationship with Mitsubishi Materials. They remain an incredibly supportive shareholder, and we value their expertise as we advance the Casino Project." This pivotal project is regarded as Canada’s premier copper-gold mine, located in the Yukon Territory and recognized as one of the most economically viable greenfield projects in the region.

The Casino Project has garnered attention for its potential economic benefits and responsible mining practices, aligning with Western Copper's commitment to work collaboratively with First Nations and local communities. The company aims to utilize internationally recognized mining technologies while minimizing environmental impacts and promoting sustainable development.

The partnership with Mitsubishi is significant not just for the financial support but also for the strategic guidance and technological expertise that Mitsubishi brings to the table. Their longstanding involvement is expected to facilitate smoother operations and project advancements as both firms seek to navigate the complexities of the mining industry.

As part of its growth strategy, Western Copper continues to engage with stakeholders, ensuring transparency and collaboration with local communities throughout the development process of the Casino Project. With a clear focus on ethical practices and sustainable development, Western aims to uphold high standards while contributing positively to the economy.

The extension of the investor rights agreement underscores both companies' dedication to mutual growth and project completion. As they move forward, Western Copper is likely to benefit from Mitsubishi's extensive knowledge and resources in mining, fostering a synergistic relationship that will be critical in realizing the full potential of the Casino Project.

In conclusion, this extension not only fortifies the investor relationship but also sets the stage for future developments within the mining sector. With Mitsubishi Materials backing Western Copper, the companies are poised to tackle the challenges of modern mining while ensuring responsible practices and community involvement.

For further updates, stakeholders and interested parties are encouraged to visit Western Copper and Gold's official website for news and announcements regarding the Casino Project and other corporate developments.

Topics General Business)

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