On April 30, 2024, Western Copper and Gold Corporation completed a bought deal public offering of 24,210,526 common shares at a price of $1.90 per common share for gross proceeds of approximately $46 million, which included the full exercise of the underwriters’ over-allotment option. The offering was completed by way of a short form prospectus filed in all of the provinces of Canada, except Québec, and in the United States pursuant to a prospectus filed as part of a registration statement on Form F-10 under the Canada/U.S. multi-jurisdictional disclosure system.
The offering was led by a syndicate of underwriters, with Eight Capital as lead underwriter, and including Cormark Securities Inc., National Bank Financial Inc., Raymond James Ltd., BMO Capital Markets, Canaccord Genuity Corp., CIBC World Markets Inc., H.C. Wainwright & Co., LLC, RBC Dominion Securities Inc., Echelon Wealth Partners Inc. and Haywood Securities Inc.
Cassels acted for Western Copper and Gold