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WRN.TO ·

Western Announces Departure of CFO IN April 2019

Management Changes

TSX: WRN

NYSE American: WRN

NEWS RELEASE

March 7, 2019 Release 02-2019

WESTERN ANNOUNCES DEPARTURE OF CFO IN APRIL 2019

VANCOUVER, B.C. Western Copper and Gold Corporation (“Western” or the “Company”) (TSX:

WRN; NYSE A merican: WRN ) announces that Julien François, Chief Financial Officer and

Corporate Secretary, has resigned to pursue other opportunities. He will be leaving the Company

effective April 30, 2019.

Paul West-Sells, President and CEO said: “It has been tremendous pleasure working with Julien.

He has been a key member of the management team and will be truly missed.”

Dale Corman, Executive Chair of Western remarked: “On behalf of the Board, we would like to

thank Julien for his important contributions to Western since 2006. We wish him the very best in

his future endeavors.”

Mr. François will remain in his current role until April 30, 2019 in order to complete the Company’s

financial reporting obligations through the first quarter of 2019, and to ensure an orderly transition

of his responsibilities.

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. For more information, visit www.westerncopperandgold.com.

On behalf of the board,

“Dale Corman”

Dale Corman

Executive Chair

Western Copper and Gold Corporation

For more information, please contact:

Chris Donaldson

Director, Corporate Development

604.638.2520 or [email protected]