Western Copper says Mitsubishi Materials buys 1,200,000 shares in open market to lift stake to about 5%

• Western Copper and Gold amended its investor rights agreement with Mitsubishi Materials, extending rights and obligations to Nov. 30, 2028.
• Extension is conditional on Mitsubishi Materials buying 1,200,000 common shares through open-market purchases.
• Purchases are non-dilutive since no new shares will be issued.
• Mitsubishi Materials’ stake is expected to return to about 5% once completed.

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