Western Copper and Gold Corporation Closes “Bought Deal” Public Offering for Gross Proceeds of Approximately $92 Million
Counsel to the Underwriters in connection with Western Copper and Gold Corporation’s $92.0 million bought deal public offering.
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Team Members
On February 26, 2026, Western Copper and Gold Corporation (TSX: WRN) (NYSE American: WRN) (the “Company”) completed its bought deal public offering of common shares for aggregate gross proceeds of $92,001,868.75, including the full exercise of the over-allotment option. The Company issued an aggregate of 22,169,125 common shares at a price of $4.15 per common share 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 under the Canada/U.S. multi-jurisdictional disclosure system. The Offering was conducted by a syndicate of underwriters led by Stifel Canada as lead underwriter, and included 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 (the “Underwriters”).
The Company is a Canadian mining company focused on the advancement of the its Casino Project, a copper-gold mine in the Yukon.
Stifel Canada is a full-service investment banking firm which provides advisory and underwriting, institutional sales and trading, and equity research services to corporate clients and institutional investors.
Miller Thomson advised the Underwriters with a team comprised of Andrew Powers, Jeffrey Gebert, Sam Kelley, Wendy Wang and Jennifer Jeong (Capital Markets/Securities), Barry Horne (Tax), along with the assistance of Radhapriya Chawla and Kobi Rosoph (Articling Students).