Western Copper and Gold Announces Filing of Final Short Form Prospectus Final Short Form Prospectus Accessible on SEDAR+
Western Copper and Gold Announces Filing of
Final Short Form Prospectus
Final Short Form Prospectus Accessible on SEDAR+
Vancouver, British Columbia--(Newsfile Corp. - February 20, 2026) - Western Copper and Gold
Corporation. (TSX: WRN) (NYSE American: WRN) (the "
Company
") is pleased to announce that,
further to its news releases dated February 11, 2026 and February 12, 2026, it has filed a final short
form prospectus dated February 20, 2026 (the "
Final Prospectus
") with the securities commissions in
each of the provinces of Canada, except Quebec, in connection with its bought deal public offering of
common shares of the Company (the "
Common Shares
") at a price of C$4.15 per Common Share for
gross proceeds to the Company of approximately C$80,001,625 (the "
Offering
").
The Offering is being conducted through a syndicate of underwriters including Stifel Canada, as lead
underwriter and sole bookrunner, along with 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 (collectively, the "
Underwriters
"). The Company has granted the
Underwriters an option (the "
Over-Allotment Option
"), exercisable, in whole or in part, at any time until
and including 30 days following the closing of the Offering, to purchase up to an additional 2,891,625
Common Shares of the Offering. If this option is exercised in full, an additional C$12,000,243.75 in
gross proceeds will be raised pursuant to the Offering and the aggregate gross proceeds of the Offering
will be approximately C$92,001,869.
Access to the Final Prospectus and any amendment to the documents is provided in accordance with
securities legislation relating to procedures for providing access to a prospectus. The Final Prospectus
is accessible on SEDAR+ at
www.sedarplus.ca
. An electronic or paper copy of the Final Prospectus
and any amendment may be obtained, without charge, from Stifel Canada by 161 Bay Street, Suite
3800, Toronto, Ontario, Canada M5J 2S1 or by email at
by providing the
contact with an email address or address, as applicable. The Final Prospectus contains important
detailed information about the Company and the Offering. Prospective investors should read the Final
Prospectus and the other documents the Company has filed on SEDAR+ before making an investment
decision.
The Common Shares will also be offered 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 Registration Statement
relating to the Common Shares has been filed with the United States Securities and Exchange
Commission. The Registration Statement is available on EDGAR at
www.sec.gov
. Alternatively, the
Registration Statement and the prospectus included therein may be obtained, for free upon request,
from Stifel Canada at 161 Bay Street, Suite 3800, Toronto, Ontario, Canada M5J 2S1 or by email at
.
The Registration Statement and prospectus included therein contains
important detailed information about the Company and the Offering. Prospective investors should read
the Registration Statement and such prospectus and the other documents the Company has filed on
EDGAR before making an investment decision.
The Offering is scheduled to close on or about February 26, 2026, and is subject to certain conditions
including, but not limited to, the receipt of all necessary approvals including the approval of the Toronto
Stock Exchange and the NYSE American and the applicable securities regulatory authorities.
About Western Copper and Gold Corporation
Western Copper and Gold Corporation is advancing the Casino Project, Canada's premier copper-gold
mine in the Yukon and one of the most economic greenfield copper-gold mining projects in the world.
The Company is committed to working collaboratively with First Nations and local communities to
progress the Casino Project, using internationally recognized responsible mining technologies and
practices.
On behalf of the board,
"Sandeep Singh"
Sandeep Singh
Chief Executive Officer
Western Copper and Gold Corporation
For more information, please contact:
Cameron Magee
Director, Investor Relations & Corporate Development
Western Copper and Gold Corporation
437-219-5576 or
Cautionary Note Regarding Forward-Looking Statements
This news release contains certain forward-looking statements concerning the timing and completion
of the Offering, the gross proceeds of the Offering and the use of proceeds from the Offering, the over-
allotment option to be granted to the Underwriters, 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 other U.S. securities law 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 the Company 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 the Company's AIF and Form 40-F,
including those under the heading "Risk Factors" and other information released by the Company
and filed with the applicable regulatory agencies.
The Company's forward-looking statements are based on the beliefs, expectations and opinions of
management on the date the statements are made, and
the Company 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.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/284767