Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Marine2on Nov 23, 2024 2:45pm
43 Views
Post# 36327528

RE:"Copper over $5’ in 2025" Osisko Metals’ Robert Wares

RE:"Copper over $5’ in 2025" Osisko Metals’ Robert Wares  Osisko Metals’ Robert Wares

I can easily see copper over $5’ in 2025, ‘The timing will be great, we'll hit the wave’  “Investors should seriously look at investing in serious copper projects.”"" 



Who knows, next year may be our year for a buyout ?

Maybe Rio will need to make a decision on a buy out by June 12, 2025 ?

Rio will not have the upper hand on other interested parties.
WRN will  no longer need their money, WRN has  $75 mill in the till this time !


"
Rio Tinto will have certain rights until June 12, 2025,"

The Company and Rio Tinto also entered into an amended and restated investor rights agreement, whereby, subject to certain conditions, including ownership thresholds, Rio Tinto will have certain rights until June 12, 2025, including the right to appoint:

  •  one member to the Casino Project Technical and Sustainability Committee

  •  one non-voting observer to attend all meetings of the board of directors of the Company

  •  one director of the Company, if Rio Tinto’s ownership increases to at least 12.5%

  •  up to three secondees to the Casino Project

    and:

  •  the right to participate in future equity issuances to maintain its ownership in the Company

  •  a one-time “demand registration right” and “piggy-back registration rights.”

    Under the amended and restated investor rights agreement until June 12, 2025, Rio Tinto has also agreed:

  •  not to sell, transfer, offer or otherwise dispose of any shares, subject to certain exceptions

  •  not to acquire any securities of the Company, subject to certain exceptions

  •  to abstain from voting or vote any shares in favor of each director nominated by the board of

    directors of the Company for election by shareholders

M2
<< Previous
Bullboard Posts