Western Copper and Gold Announces Upsized C$80 Million Bought Deal Financing

Core Viewpoint - Western Copper and Gold Corporation has announced an upsized bought deal financing of C$80 million due to significant investor demand, aimed at advancing its Casino Project in the Yukon [1] Financing Details - The company will issue 19,277,500 common shares at a price of C$4.15 per share, resulting in gross proceeds of approximately C$80,001,625 [1] - An over-allotment option allows underwriters to purchase an additional 2,891,625 common shares, potentially raising total gross proceeds to approximately C$92,001,869 if fully exercised [1] Use of Proceeds - The net proceeds from the offering will be utilized for permitting and engineering activities at the Casino Project, as well as for general corporate and working capital purposes [1] Regulatory and Closing Information - The offering will be conducted via a short form prospectus in all Canadian provinces except Québec and in the United States under a registration statement [1] - The offering is expected to close on or about February 26, 2026, subject to necessary regulatory approvals [1]