RE:RE:RE:RE:Response from Sandeep WESTERN COPPER AND GOLD ANNOUNCES FURTHER INVESTMENT AND ENTRY INTO A NEW INVESTOR RIGHTS AGREEMENT WITH RIO TINTO
Nov 28, 2023 - News Release
Rio Tinto has agreed to subscribe for and purchase 3,468,208 common shares at a price of C$1.73 per share for aggregate gross proceeds of approximately C$6 million, resulting in Rio Tinto’s ownership increasing to approximately 9.7% of Western’s outstanding common shares.
Rio Tinto will have certain rights for a period of 18 months from closing of the investment, including the right to appoint:
WESTERN COPPER AND GOLD ANNOUNCES COMPLETION OF FURTHER INVESTMENT AND ENTRY INTO A NEW INVESTOR RIGHTS AGREEMENT WITH RIO TINTO
Dec 12, 2023 - News Release
June 12th, 2025 is the end of Rio rights agreement, now that WRN does not need any more funding this opens up the gallery for others to come in with a buyout, with not needed more funding. IMO
M2