WESTERN COPPER AND GOLD ANNOUNCES COMPLETION OF LEADERSHIP TRANSITION By Investing.com

VANCOUVER, BC, January 2, 2025 /PRNewswire/ – Western Copper (NYSE: ) and Gold Corporation (“Western” or the “Company”) (TSX: WRN) (NYSE American: WRN) has completed a previously announced management succession process. dr. Paul West-Sellsconcluded the role of President of the Company December 31, 2024and Mr. Sandeep Singh has assumed the role of President along with his existing responsibilities as Chief Executive Officer.

“I want to thank Paul for his many contributions to the development casino (EPA:) into a globally significant project. We wish him the best in his future endeavours,” he said Sandeep Singhpresident and CEO. “During 2024, we hired several high-caliber professionals to our senior management team and Board of Directors. These additions, along with the strength and commitment of our Yukonproject team led, positioned us for success. We look forward to an exciting 2025 for casino project.”

ABOUT WESTERN COPPER AND GOLD CORPORATION

Western and Gold Corporation is developing casino Project, Canadathe main copper and gold mine in Yukon Territory and one of the most economical greenfield copper and gold mining projects in the world.

The company is committed to working with our First Nations and local communities to advance casino project, using internationally recognized technologies and practices of responsible mining.

For more information, visit www.westerncopperandgold.com.

On behalf of the Board,

“Sandeep Singh”

Sandeep SinghPresident and Chief Executive Officer
Western Copper and Gold Corporation

Caution regarding forward-looking statements

This release includes certain “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of applicable Canadian and United States securities legislation including the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date of this press release. Forward-looking statements are often, but not always, identified by words such as “expects,” “anticipates,” “believes,” “plans,” “projects,” “intends,” “estimates,” “predicts,” “potential”, “possible”, “strategy”, “goals”, “opportunities”, “goals” or variations thereof or state that certain actions, events or results “may”, “might”, “would”, “could” or “will” be taken, happen or be reached, or the negative value of any of these expressions and similar expressions. Such forward-looking statements herein include statements relating to the successful transition of leadership roles, the expected contributions of the senior management team and the Board of Directors, the continued advancement casino project, and the Company’s expectations for the year 2025.

Forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events to be materially different from those expressed or implied by such statements. Such factors include, but are not limited to, the risk of unforeseen challenges in advancement casino project, potential impacts on business continuity, changes in general market conditions that could affect the Company’s performance; and other risks and uncertainties disclosed in the Company’s annual information form and Form 40-F for the last completed financial year and other publicly disclosed documents.

Forward-looking statements are based on assumptions that management believes to be reasonable, including but not limited to smooth transition of management roles, successful integration of new senior management and board members, continuous advancement casino the project in accordance with established deadlines, stable market and regulatory conditions and other assumptions and factors stated in this document, as well as in the Company’s annual information form and form 40-F for the last completed financial year and other publicly published documents.

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking statements, other factors may cause results to differ materially from those anticipated, described, estimated, estimated or intended. These forward-looking statements represent the Company’s views as of the date of this press release. There can be no assurance that any forward-looking statements will be accurate, as actual results and future events may differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not intend and undertakes no obligation to update any forward-looking statements except as required by applicable law.