On February 26, 2026, Western Copper and Gold Corporation completed a bought deal public offering of 22,169,125 common shares of the company at a price of $4.15 per common share for gross proceeds of approximately $92 million, including the full exercise of the 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 completed by a syndicate of underwriters led by Stifel Canada, and including ATB Capital Markets Corp., National Bank Financial Inc., Agentis Capital Markets, BMO Capital Markets, Canaccord Genuity Corp., CIBC World Markets Inc. and H.C. Wainwright & Co., LLC.
Cassels acted for Western Copper and Gold.