Western Copper and GOLD Announces Completion of Private Placement with Sandeep Singh

WESTERN COPPER AND GOLD ANNOUNCES

COMPLETION OF PRIVATE PLACEMENT

WITH SANDEEP SINGH

VANCOUVER, BC

,

March 4, 2024

/CNW/ - 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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CO: Western Copper and Gold Corporation

CNW 06:00e 04-MAR-24