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Western Copper and Gold Announces Voting Results from Annual Shareholders' Meeting

Shareholder Meetings

Western Copper and Gold Announces Voting

Results from Annual Shareholders' Meeting

VANCOUVER, BC

,

June 17, 2021

/CNW/ - Western Copper and Gold Corporation ("Western" or the

"Company") (TSX: WRN) (NYSE American: WRN) announces the voting results from the Company's

Annual General and Special Meeting ("AGM") held on

June 17, 2021

.

A total of 48,252,451 common shares were represented at the AGM, representing 35.53% of the

votes attached to all outstanding common shares as at the record date. All of the matters submitted

to the shareholders for approval as set out in the Company's notice of meeting and information

circular were approved by the requisite majority of votes cast at the AGM.

Shareholders voted in favour of setting the number of directors at six (6) and elected all directors, as

follows:

Director

Votes For

% For

Votes Withheld

% Withheld

Dale Corman

37,914,385

99.84%

59,468

0.16%

Tara Christie

25,298,389

66.62%

12,675,464

33.38%

Michael Vitton

36,782,786

96.86%

1,191,067

3.14%

Bill Williams

37,833,124

99.63%

140,729

0.37%

Kenneth Williamson

36,863,913

97.08%

1,109,940

2.92%

Klaus Zeitler

36,846,819

97.03%

1,126,534

2.97%

Shareholders also approved: (i) the appointment of PricewaterhouseCoopers LLP as auditors of the

Company and authorized the directors to set their remuneration, (ii) unallocated stock options under

the Company's stock option plan, (iii) certain amendments to the Company's stock option plan, (iv)

the adoption of a new deferred share unit plan of the Company, and (v) the adoption of a new

restricted share unit plan of the Company.

The Company's report of voting results will be available on SEDAR (

www.sedar.com

), EDGAR (

www.sec.gov/edgar.shtml

), and on the Company's website.

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,

"Paul West-Sells"

Dr.

Paul West-Sells

President and CEO

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"). Certain forward looking information should also be considered future-

oriented financial information ("FOFI") as that term is defined in NI 51-102. The purpose of

disclosing FOFI is to provide a general overview of management's expectations regarding the

anticipated results of operations and capital expenditures and readers are cautioned that FOFI may

not be appropriate for other purposes. 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 perceived merit of properties; mineral reserve and resource

estimates; capital expenditures; feasibility study results (including projected economic returns,

operating costs, and capital costs in connection with the Casino Project); exploration results at the

Company's property; budgets; work programs; permitting or other timelines; strategic plans; market

price of precious and base metals; 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.

SOURCE

Western Copper and Gold Corporation

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/June2021/17/c6203.html

%SEDAR: 00023684E

For further information:

Sandy Noyes, Director, Investor Relations, 604.638.2520 or

[email protected]

CO: Western Copper and Gold Corporation

CNW 16:47e 17-JUN-21