Everyday Economic News

Mitsubishi extends Casino pact to 2028

Western Copper and Gold Corp. has extended its investor rights agreement with Mitsubishi Materials Corp. until November 30, 2028. This extension is contingent on Mitsubishi Materials acquiring 1.2 million Western Copper shares on the open market, which would restore Mitsubishi's ownership in Western to approximately 5%. The strategic partnership continues to advance the Casino copper-gold project in Yukon.