Western Copper and Gold Corporation announced on May 28, 2025, that Mitsubishi Materials Corporation completed the precondition for the previously announced extension of their investor rights agreement. Mitsubishi Materials acquired two million common shares of the company through open market purchases.
This acquisition increased Mitsubishi Materials' overall ownership in Western Copper and Gold to approximately 5%. As a result, the investor rights agreement between the two entities has now been formally extended to May 30, 2026, in accordance with the amended terms announced on April 15, 2025.
The completion of this share acquisition and the extension of the agreement reinforce Mitsubishi Materials' commitment as a supportive shareholder and strategic partner, providing continued expertise and validation for the advancement of the Casino Project.
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