Mining & Metals
Western Copper and Gold Provides Update on Strategic Partnership With Tokyo-Listed Mitsubishi Materials
Western Copper and Gold (WRN.TO, WRN) Thursday said it is in talks with Tokyo-listed Mitsubishi Materials (5711.T) to extend the investor rights agreement between both parties, and "hope to be able to conclude said extension in the near term."The company said that there can be no assurance that the discussions will result in a definitive agreement, or as to the timing or terms of any such agreement."We look forward to concluding our constructive discussions in the near term and along the same lines as our existing relationship," said Western Copper and Gold chief executive Sandeep Singh.U.S.-listed shares of Western Copper and Gold were last seen up 1.7% at US$2.94 in pre-market trading.
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