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Western Copper and Gold Corp T.WRN

Alternate Symbol(s):  WRN

Western Copper and Gold Corporation is a Canada-based mining company. The Company is engaged in developing the Casino Project. The Casino Project is a copper-gold mining project in Yukon, Canada. The Casino porphyry copper-gold-molybdenum deposit is located in west central Yukon, in the northwest trending Dawson Range mountains, approximately 300 kilometers (km) northwest of the territorial capital of Whitehorse. The Casino project is located on Crown land administered by the Yukon Government and is within the Selkirk First Nation traditional territory and the Tr’ondek Hwechin traditional territory lies to the north. The Casino Property lies within the Whitehorse Mining District and consists of approximately 1,136 full and partial Quartz Claims and 55 Placer Claims acquired in accordance with the Yukon Quartz Mining Act. The total area covered by Casino Quartz Claims is approximately 21,126.02 hectares (ha). The total area covered by Casino Placer Claims is 490.34 ha.


TSX:WRN - Post by User

Comment by jclarke042on Nov 28, 2023 2:16pm
158 Views
Post# 35756845

RE:RE:RE:RE:RE:RE:RE:RE:The good news is.....

RE:RE:RE:RE:RE:RE:RE:RE:The good news is.....Demand Registration: Rio can force Western to open up its shares for sale on the open market.

Piggyback Registration: Rio can put up its shares for sale to another strategic investor, say.

I'm surely missing some nuance, or technical detail, but that's the long/short of it. The selling is a moot point largely because Rio is agreeing not to sell unless it deals with us first. Going back to the first agreement, basically we get to try & find a buyer first. If that fails, Rio can then invoke its Demand Registration right to sell on the market.

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