Western Copper and Gold Announces Upsize in Bought Deal Public Offering to $40 Million

western copper and gold corporation ("Western" or the "Company") (TSX: WRN; NYSE American: WRN) is pleased to announce that it has entered into an amended agreement with Eight Capital, on behalf of a syndicate of underwriters (the "Underwriters") under which the Underwriters have agreed to buy from the Company, on a bought deal basis, 21,055,000 common shares of the Company (the "Common Shares") at a price of $1.90 per Common Share for gross proceeds of $40,004,500 (the "Offering"). The Company has granted the Underwriters an over-allotment option to purchase up to an additional 3,158,250 Common Shares, representing 15% of the Offering, to cover over-allotments, if any, and for market stabilization purposes, exercisable at any time up to 30 days after the closing of the Offering.

The net proceeds from the sale of the Common Shares are expected to be used to advance permitting and engineering activity at the Company's Casino Project in the Yukon and for general corporate and working capital purposes.

The Offering will be made by way of a short form prospectus (together with any amendments thereto, the "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 (together with any amendments thereto, the "Registration Statement") under the Canada/U.S. multi-jurisdictional disclosure system. The Prospectus and the Registration Statement are subject to completion and amendment. Such documents contain important information about the Offering. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the Common Shares in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.

The Registration Statement relating to the Common Shares has been filed with the United States Securities and Exchange Commission but has not yet become effective. The Common Shares to be sold pursuant to the Offering described in this news release may not be sold nor may offers to buy be accepted prior to the time the Registration Statement becomes effective. Before readers invest, they should read the Prospectus in the Registration Statement and other documents the Company has filed with Canadian regulatory authorities and the United States Securities and Exchange Commission for more complete information about the Company and the Offering. The Prospectus is available on SEDAR+ at www.sedarplus.ca. The Registration Statement is available on EDGAR at www.sec.gov . Alternatively, the Prospectus and the Registration Statement may be obtained, for free upon request, from Enoch Lee at 100 Adelaide Street West, Suite 2900, Toronto, Ontario, Canada M4H 1S3.

The Offering is expected to close on or about April 30, 2024 and is subject to the Company receiving all necessary regulatory approvals, including that of the Toronto Stock Exchange and the NYSE American LLC.

ABOUT western copper and gold corporation

western copper and gold corporation is developing the Casino Project, Canada's premier copper-gold mine in the Yukon Territory and one of the most economic greenfield copper-gold mining projects in the world.

The Company is committed to working collaboratively with our First Nations and local communities to progress the Casino Project using internationally recognized responsible mining technologies and practices.

For more information, visit www.westerncopperandgold.com .

On behalf of the board,

"Sandeep Singh"

Sandeep Singh
Chief Executive Officer
western copper and gold corporation

info@westerncopperandgold.com

Cautionary Disclaimer Regarding Forward-Looking Statements and Information

This news release contains certain forward-looking statements concerning the use of proceeds from the Offering, the necessary regulatory approvals required for the Offering being received and the expected closing date of the Offering. Statements that are not historical fact are "forward-looking statements" as that term is defined in the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" as that term is defined in National Instrument 51-102 ("NI 51-102") of the Canadian Securities Administrators (collectively, "forward-looking statements"). Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible" and similar expressions, or statements that events, conditions or results "will", "may", "could" or "should" occur or be achieved. The material factors or assumptions used to develop forward-looking statements include, but are not limited to, the assumptions that all regulatory approvals of the Offering will be obtained in a timely manner; all conditions precedent to completion of the Offering will be satisfied in a timely manner; and that market or business conditions will not change in a materially adverse manner.

Forward-looking statements are statements about the future and are inherently uncertain, and actual results, performance or achievements of Western and its subsidiaries may differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements due to a variety of risks, uncertainties and other factors. Such risks and other factors include, among others, risks involved in fluctuations in gold, copper and other commodity prices and currency exchange rates; uncertainties related to raising sufficient capital in a timely manner and on acceptable terms; and other risks and uncertainties disclosed in Western's AIF and Form 40-F, and other information released by Western and filed with the applicable regulatory agencies.

Western's forward-looking statements are based on the beliefs, expectations and opinions of management on the date the statements are made, and Western does not assume, and expressly disclaims, any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as otherwise required by applicable securities legislation. For the reasons set forth above, investors should not place undue reliance on forward-looking statements.

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Western Copper and Gold WRN:CA TSX:WRN Base Metals Investing

WRN:CA

Western Copper and Gold Announces $25 Million Bought Deal Public Offering

western copper and gold corporation ("Western" or the "Company") (TSX: WRN; NYSE American: WRN) announces that it has entered into an agreement with Eight Capital, on behalf of a syndicate of underwriters (the "Underwriters") under which the Underwriters have agreed to buy from the Company, on a bought deal basis, 13,158,000 common shares of the Company (the "Common Shares") at a price of $1.90 per Common Share for gross proceeds of $25,000,200 (the "Offering"). The Company has granted the Underwriters an over-allotment option to purchase up to an additional 1,973,700 Common Shares, representing 15% of the Offering, to cover over-allotments, if any, and for market stabilization purposes, exercisable at any time up to 30 days after the closing of the Offering.

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WESTERN COPPER AND GOLD ANNOUNCES METALLURGICAL PROGRAM AND ASSOCIATED DRILL RESULTS

western copper and gold corporation ("Western" or the "Company") (TSX: WRN) (NYSE American: WRN) announces the launching of a metallurgical testing program (the "Metallurgical Program") for its wholly-owned Casino Copper-Gold Project (" Casino "). Fifteen composite samples were prepared from core acquired in 2023 (the "Drill Program"). Western's Technical and Sustainability Committee, comprised of members from Western, Rio Tinto Canada Inc. and Mitsubishi Materials Corporation, prepared the Drill and Metallurgical Programs.

Drill Program

The 2023 Drill Program consisted of seven holes for 2,244 m ranging from 130 m to 556 m in length. The drill holes were located inside the current pit boundaries and were selected to provide a range of grades, host rocks, and mineralogy for the Metallurgical Program (see Figure 1). The drill holes were also selected to convert indicated resource to measured.

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WESTERN COPPER AND GOLD ANNOUNCES RIO TINTO EXERCISE OF THEIR ANTI DILUTION RIGHT

western copper and gold corporation ("Western" or the "Company") (TSX: WRN) (NYSE American: WRN) announces it has completed a private placement with Rio Tinto Canada Inc. ("Rio Tinto") pursuant to Rio Tinto's subscription rights as a result of the Company's recent private placement with the incoming CEO.

Rio Tinto acquired 239,528 common shares of the Company at a price of C$1.35 per share for proceeds of C$323,363 , allowing Rio Tinto to maintain its interest of approximately 9.7%.

ABOUT western copper and gold corporation

western copper and gold corporation is developing the Casino Project, Canada's premier copper-gold mine in the Yukon Territory and one of the most economic greenfield copper-gold mining projects in the world.

The Company is committed to working collaboratively with our First Nations and local communities to progress the Casino project using internationally recognized responsible mining technologies and practices.

For more information, visit www.westerncopperandgold.com .

On behalf of the board,

"Sandeep Singh"

Sandeep Singh
Chief Executive Officer
western copper and gold corporation

SOURCE western copper and gold corporation

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WESTERN COPPER AND GOLD ANNOUNCES COMPLETION OF PRIVATE PLACEMENT WITH SANDEEP SINGH

western copper and gold corporation ("Western" or the "Company") (TSX: WRN) (NYSE American: WRN) announces it has completed its previously announced C$3 million private placement with Sandeep Singh .

Mr. Singh acquired 2,222,222 common shares at a price of C$1.35 per share for aggregate gross proceeds of approximately C$3 million .

ABOUT western copper and gold corporation

western copper and gold corporation is developing the Casino Project, Canada's premier copper-gold mine in the Yukon Territory and one of the most economic greenfield copper-gold mining projects in the world.

The Company is committed to working collaboratively with our First Nations and local communities to progress the Casino project using internationally recognized responsible mining technologies and practices.

For more information, visit www.westerncopperandgold.com .

On behalf of the board,

"Sandeep Singh"

Sandeep Singh
Chief Executive Officer
western copper and gold corporation

SOURCE western copper and gold corporation

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WESTERN COPPER AND GOLD APPOINTS SANDEEP SINGH AS CEO

western copper and gold corporation ("Western" or the "Company") (TSX: WRN) (NYSE American: WRN) is pleased to announce the appointment of Mr. Sandeep Singh as Chief Executive Officer of the Company, effective immediately. Mr. Singh will work closely with Dr. Paul West-Sells who will continue in the role of President in connection with the succession process. Further, Mr. Kenneth Williamson has retired from his role as Director and Interim Chairman. Current board member, Dr. Bill Williams has taken on the role of Interim Chairman as the Company searches for a replacement.

As a highly respected mining professional with 20 years of sector expertise, Mr. Singh adds meaningful capital markets and strategic expertise to the Company. He was previously the President and CEO of Osisko Gold Royalties, where he led the successful turnaround of the company. For the fifteen years prior, Mr. Singh was an investment banker focusing on the North American metals and mining sector with BMO Capital Markets, Dundee Securities, and ultimately co-founding Maxit Capital, a leading independent M&A firm. He has advised numerous mining companies on financing alternatives and strategic matters as well as having acted on some of the most complex and value-enhancing M&A transactions in the mining sector. Mr. Singh holds a Bachelor of Mechanical Engineering degree from Concordia University and a Masters of Business Administration degree from Oxford University .

Dr. Bill Williams , Interim Chairman, commented "The Board would like to thank Ken for his dedication, and contributions to the Company. We wish him the best as he focuses his energy on his family and retirement. I'd also like to commend Paul on playing an active role in the succession planning efforts that led to the appointment of Mr. Singh. Paul has been the driving force behind the Casino project since the very beginning and we are hopeful he will continue to play an important role as we build out the management team necessary for the next phases of the Company's growth.

The Board is delighted to have someone of Sandeep's caliber joining the team. Throughout his impressive career, he has shown a dedication to stakeholder value, above all else, and will be aligned with shareholders through a significant personal investment into the Company. With Sandeep's addition, we are strengthening the Company's management capabilities to better unlock the value potential of the Casino project."

Mr. Singh commented "I see tremendous value in Casino as one of very few viable assets in the copper-gold development space. Casino strikes a unique balance of important scale, attractive commodity mix, low jurisdictional risk, and quick payback through the higher-grade core of the deposit. The credible data, underpinning a thorough feasibility study, and remaining upside from additional resources or optimizations to the project provide tangible upside potential. I am excited to be joining the Western Copper and Gold team at a pivotal time for the Company."

The Company also announces a C$3 million private placement (the "Placement") with Mr. Singh for the purchase of 2.22 million common shares at a price of C$1.35 per common share. The closing of the Placement is subject to entering into a customary subscription agreement and the receipt of approvals of the Toronto Stock Exchange and the NYSE American LLC. The shares issued pursuant to the Placement will be subject to a statutory hold period in accordance with applicable Canadian securities laws.

ABOUT western copper and gold corporation

western copper and gold corporation is developing the Casino Project, Canada's premier copper-gold mine in the Yukon Territory and one of the most economic greenfield copper-gold mining projects in the world.

The Company is committed to working collaboratively with our First Nations and local communities to progress the Casino project using internationally recognized responsible mining technologies and practices.

For more information, visit www.westerncopperandgold.com .

On behalf of the board,

"Dr. Bill Williams "

Dr. Bill Williams
Interim Chairman
western copper and gold corporation

Cautionary Disclaimer Regarding Forward-Looking Statements and Information

This news release contains certain forward-looking statements concerning anticipated developments in Western's operations in future periods. Statements that are not historical fact are "forward-looking statements" as that term is defined in the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" as that term is defined in National Instrument 51-102 ("NI 51-102") of the Canadian Securities Administrators (collectively, "forward-looking statements"). Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible" and similar expressions, or statements that events, conditions or results "will", "may", "could" or "should" occur or be achieved. These forward-looking statements may include, but are not limited to, statements regarding: strengthening the Company's management capabilities to better unlock the value potential of the Casino project, the remaining upside from additional resources or optimizations to the project and the expected closing of the Placement; or other statements that are not statement of fact. The material factors or assumptions used to develop forward-looking statements include prevailing and projected market prices and foreign exchange rates, exploration estimates and results, continued availability of capital and financing, construction and operations, the Company not experiencing unforeseen delays, unexpected geological or other effects, equipment failures, permitting delays, and general economic, market or business conditions and as more specifically disclosed throughout this document, and in the AIF and Form 40-F.

Forward-looking statements are statements about the future and are inherently uncertain, and actual results, performance or achievements of Western and its subsidiaries may differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements due to a variety of risks, uncertainties and other factors. Such risks and other factors include, among others, risks involved in fluctuations in gold, copper and other commodity prices and currency exchange rates; uncertainties relating to interpretation of drill results and the geology, continuity and grade of mineral deposits; uncertainty of estimates of capital and operating costs, recovery rates, production estimates and estimated economic return; risks related to joint venture operations; risks related to cooperation of government agencies and First Nations in the development of the property and the issuance of required permits; risks related to the need to obtain additional financing to develop the property and uncertainty as to the availability and terms of future financing; the possibility of delay in construction projects and uncertainty of meeting anticipated program milestones; uncertainty as to timely availability of permits and other governmental approvals; and other risks and uncertainties disclosed in Western's AIF and Form 40-F, and other information released by Western and filed with the applicable regulatory agencies.

Western's forward-looking statements are based on the beliefs, expectations and opinions of management on the date the statements are made, and Western does not assume, and expressly disclaims, any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as otherwise required by applicable securities legislation. For the reasons set forth above, investors should not place undue reliance on forward-looking statements.

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SOURCE western copper and gold corporation

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FPX Nickel Completes Confirmatory Large-Scale Mineral Processing Pilot Testwork with Funding Support from the Government of Canada

FPX Nickel Corp. (TSXV: FPX) (OTCQB: FPOCF) (" FPX " or the " Company ") is pleased to announce that it has successfully completed a large-scale mineral processing pilot testing campaign for the Baptiste Nickel Project (" Baptiste " or the " Project "), the first significant component of the ongoing feasibility study (" FS ") metallurgical testwork campaign. Results from this testwork confirm the 2023 preliminary feasibility study (" PFS ") basis, thereby validating FPX's processing strategy, flowsheet, and key metallurgical criteria, including estimated recoveries. The pilot testing campaign was funded in part by a $725,000 grant from Natural Resources Canada (" NRCan ") under the Government of Canada's Critical Minerals Research, Development and Demonstration (" CMRDD ") program, which is advancing the commercial readiness of processing technologies that will support the development Canada's EV battery material supply chain.

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Los Andes Copper Ltd. Announces Board Change

Los Andes Copper Ltd. (TSXV: LA) (OTCQX: LSANF) ("Los Andes" or the "Company"), announces that Non-Executive Director, Warren Gilman, is stepping down from the Board due to other business commitments. Warren will become a Senior Advisor to the Board and remains actively supportive of the Company.

Eduardo Covarrubias, Chairman of Los Andes, commented: "We would like to thank Warren for his invaluable support and time on the Board over the past three years. We are delighted that he has agreed to remain as a key Senior Advisor to the Board allowing us to continue to benefit from his extensive experience and backing."

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Bold Ventures Completes Electromagnetic Conductor Modelling at Farwell and Amends Option Agreements

Bold Ventures Inc. (TSX.V:BOL) (the "Company" or "Bold") is pleased to announce that it has completed geophysical modelling of 6 high priority electromagnetic conductors identified by a helicopter-borne, versatile time domain electromagnetic (VTEM Plus) and magnetic survey carried out by Bold in 2022. A copy of the report may be found in the Project Reports section found on the Farwell Battery and Precious Metals Project page. Combined with the geological and geophysical work accomplished to date, a drill program to test these targets has been developed

The Farwell Gold and Copper project is located approximately 55km northwest of Wawa Ontario and consists of 133 Cells and Multi Cells comprising 15,901 acres (6,935 hectares). For reporting purposes, the Farwell property has been divided into three areas exhibiting gold and copper mineralization. They are the Farwell Sulphide Zone, the Tundra Gold Horizon and the Koala Gold Area. The focus for this phase of work is the Farwell Sulphide Zone where historical diamond drilling intersected highly anomalous copper values ranging up to 1.47% Cu over 5.2m (Bennett and Thurston 1977). The Farwell property geology and exploration results can be viewed at the Farwell Battery and Precious Metals Project.

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World Copper Closes Final Tranche of Over-Subscribed Non-Brokered Private Placement

World Copper Ltd. (TSXV: WCU) (OTCQB: WCUFF) (FSE: 7LY0) ("World Copper" or the "Company") reports that pursuant to their news releases dated February 27, 2024 and April 12, 2024, the Company has closed the final tranche of their non-brokered financing, issuing an additional 16,531,957 units for proceeds of $1,157,237. Aggregate totals from both tranches total 69,547,069 units for gross proceeds of $4,868,294.89.

Each unit consisted of one common share of the Company (a "Share") and one-half of one common share purchase warrant (a "Warrant"). Each whole Warrant entitles the holder to acquire one additional share of the Company for a period of two years from the date of issuance at a price of $0.17 per share. The expiry of the Warrants may be accelerated if the closing price of the Company's common shares on the TSX Venture Exchange ("TSXV") is equal to or greater than $0.30 for a minimum of twenty consecutive trading days and a notice of acceleration is provided in accordance with the terms of the Warrants.

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Zone ³	From	To	Length	Cu (%)	Au (g/t)	Mo (%)	Ag (g/t)	CuEq ¹
DDH23-01
CAP	0.0	100.2	100.2	0.02	0.28	0.011	2.3	0.28
Supergene	100.2	244.2	144.0	0.19	0.31	0.008	2.3	0.46
SUS	100.2	244.2	144.0	0.19	0.31	0.008	2.3	0.46
HYP	244.2	400.0	155.8	0.08	0.13	0.002	1.0	0.19
DDH23-02
CAP	3.2	72.2	69.0	0.02	0.25	0.006	1.4	0.22
Supergene	72.2	229.0	156.8	0.21	0.32	0.013	1.9	0.50
SOX	72.2	92.5	20.3	0.11	0.25	0.006	1.5	0.31
SUS	92.5	229.0	136.5	0.22	0.33	0.014	1.9	0.52
HYP	229.0	556.0	327.0	0.17	0.21	0.016	1.2	0.38
DDH23-03
CAP	22.1	25.1	3.0	0.06	0.10	0.002	0.7	0.14
Supergene	25.1	109.5	84.5	0.24	0.22	0.006	1.5	0.43
SOX	25.1	42.6	17.5	0.19	0.19	0.003	1.3	0.34
SUS	42.6	109.5	66.9	0.26	0.23	0.006	1.6	0.45
HYP	109.5	528.0	418.5	0.18	0.23	0.018	2.4	0.43
DDH23-04
CAP	4.7	56.6	51.9	0.04	0.15	0.021	1.9	0.25
Supergene	56.6	142.6	86.0	0.30	0.20	0.027	2.4	0.56
SUS	56.6	142.6	86.0	0.30	0.20	0.027	2.4	0.56
DDH23-05
CAP	5.6	72.0	66.4	0.03	0.21	0.031	1.0	0.31
Supergene	72.0	230.5	158.5	0.37	0.41	0.039	1.6	0.82
SOX	72.0	159.0	87.0	0.39	0.39	0.043	1.5	0.84
SUS	159.0	230.5	71.5	0.35	0.44	0.032	1.9	0.79
DDH23-06
CAP	8.5	20.5	12.0	0.07	0.40	0.010	2.2	0.41
Supergene	20.5	194.5	174.0	0.21	0.36	0.013	1.6	0.52
SOX	20.5	86.5	66.0	0.25	0.53	0.013	2.0	0.69
SUS	86.5	194.5	108.0	0.18	0.25	0.012	1.4	0.41
HYP	194.5	256.8	62.3	0.06	0.07	0.011	0.6	0.16
DDH23-07
CAP	-	-	-	-	-	-	-
Supergene	34.2	77.1	42.9	0.22	0.18	0.006	1.3	0.39
SUS	34.2	77.1	42.9	0.22	0.18	0.006	1.3	0.39
HYP	77.1	130.3	53.2	0.24	0.25	0.014	1.8	0.48

Pilot Campaign	2021	2022	2023/24
Metallurgical Testwork Program	PFS	PFS	FS
Ore Feed Rate	160 kg/h	210 kg/h	320 kg/h
Feed Material	Life of mine composite	Bulk sample from early mine plan years	Bulk sample from early mine plan years
Run Time	0.9 days	3.3 days	9.9 days
Unit Operations Tested	Magnetic Separation	Magnetic Separation and Flotation	Magnetic and Gravity Separation and Flotation
Objective	Flowsheet development and generation of magnetic concentrate for bench-scale flotation testing	Flowsheet validation and generation of flotation concentrate for bench-scale refinery testing	Further flowsheet validation and generation of flotation concentrate for pilot-scale refinery testing

Western Copper and Gold Announces Upsize in Bought Deal Public Offering to $40 Million

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Overview

Company Highlights

Key Project

Casino Project

Management Team

Dr. Paul West-Sells - President

Bill Williams – Interim Chairman

Sandeep Singh - Chief Executive Officer

Varun Prasad - CFO

Cameron Brown - Special Technical Advisor

Shena Shaw - VP, Environmental and Community Affairs

Dr. Klaus Zeitler - Director

Tara Christie - Director

Michael Vitton - Director

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