Western Copper and Gold Corp T.WRN

RE: RE: Warrants & market failure

[coolandnice]

Hi thanks.

For Clarity,

The Oct 3rd news release stated:

"Each Western Copper warrant holder on the effective date of the plan of arrangement will be entitled to receive on exercise of such warrants following the effective date of the plan of arrangement for the same exercise price, one-half of a common share of Copper North, one-half of a common share of NorthIsle and one common share of the renamed Western Copper and Gold Corporation in lieu of one common share of the current Western Copper. "

So, the $3.45 excise price is still in effect...you just get a common Share of the newly named Western Copper and Gold and 1/2 share of CU North and 1/2 Share of Northisle......exact same terms as the spinout.