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0.0501103752759382 0.0501103752759382 0.0501103752759382 0.0501103752759382 0.0596026490066224 0.0598233995584988 0.0598233995584988 0.0706401766004414
Stock impact report

Western Copper and Gold Closes Oversubscribed Private Placement

Western Copper and Gold Corporation (WRN) 
NASDAQ:AMEX Investor Relations: westerncopperandgold.com
Company Research Source: GlobeNewswire
VANCOUVER, British Columbia, May 17, 2019 (GLOBE NEWSWIRE) -- Western Copper and Gold Corporation (“Western” or the “Company”) (TSX: WRN; NYSE American: WRN) is pleased to report that it has completed the brokered private placement offering previously announced on April 29, 2019 (the “Offering”) of flow-through common shares (the “FT Shares”). The Company issued a total of 3,727,000 FT Shares, comprised of (i) 3,333,333 FT Shares pursuant to the base Offering and (ii) 393,667 FT Shares pursuant to the agent’s exercise of its option, at a price of C$0.90 per FT Share for aggregate gross proceeds of C$3,354,300. The gross proceeds received from the sale of the FT Shares will be used solely to incur “Canadian exploration expenses” as defined in subsection 66.1(6) of the Income Tax Act (Canada) on the Company’s directly and indirectly held mineral properties at the Casino Project in the Yukon Territory. In connection with the Offering, the agent was paid a cash commission equal to 6. Show less Read more
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