VANCOUVER, July 13, 2012 /CNW/ - Western Copper and Gold Corporation
("Western" or the "Company") (TSX:WRN; NYSE MKT:WRN) announces that Mr.
Ian Watson has tendered his resignation to the Board of Directors so
that he may focus on other endeavors. Ian will remain as an Advisor to
F. Dale Corman, Chairman of the Board of Directors, commenting on Mr.
Watson's resignation stated: "We are sorry to see Ian depart. The
Board of Directors of Western wishes to thank Ian for his service and
contributions and wish him all the best in his future endeavors".
ABOUT WESTERN COPPER AND GOLD CORPORATION
Western Copper and Gold Corporation is a Vancouver-based exploration and
development company with significant copper, gold and molybdenum
resources and reserves. The Company has 100% ownership of the Casino
Project located in the Yukon Territory. The Casino Project is one of
the world's largest open-pit gold, copper, silver and molybdenum
deposits. For more information, visit www.westerncopperandgold.com.
On behalf of the board,
F. Dale Corman
Chairman & CEO
Cautionary Disclaimer Regarding Forward-Looking Statements and
Certain of the statements and information in this press release
constitute "forward-looking statements" within the meaning of the
United States Private Securities Litigation Reform Act of 1995 and
"forward-looking information" within the meaning of applicable Canadian
securities laws. Forward-looking statements and information generally
express predictions, expectations, beliefs, plans, projections, or
assumptions of future events or performance and do not constitute
historical fact. Forward-looking statements and information tend to
include words such as "may," "expects," "anticipates," "believes,"
"targets," "forecasts," "schedules," "goals," "budgets," or similar
terminology. Forward-looking statements and information herein
include, but are not limited to, statements with respect to the
completion of the proposed plan of arrangement and the expected timing
and structure thereof; anticipated listings and trading and the
expected timing thereof; anticipated regulatory approvals; and resource
and reserve estimates. All forward-looking statements and information
are based on Western Copper and Gold's or its consultants' current
beliefs as well as various assumptions made by and information
currently available to them. These assumptions include, without
limitation that regulatory approvals to the proposed plan of
arrangement and proposed listings will be obtained in a timely manner,
that regulatory approvals will be available on acceptable terms and
assumptions made in the Company's technical report(s) disclosing
resources and reserves. Although management considers these
assumptions to be reasonable based on information currently available
to it, they may prove to be incorrect. Forward-looking statements and
information are inherently subject to significant business, economic,
and competitive uncertainties and contingencies and are subject to
important risk factors and uncertainties, both known and unknown, that
are beyond Western Copper and Gold's ability to control or predict.
Actual results and future events could differ materially from those
anticipated in forward-looking statements and information. Examples of
potential risks are set forth in Western Copper and Gold's annual
report most recently filed with the U.S. Securities and Exchange
Commission and the Canadian Securities Administrators as of the date of
this press release. Accordingly, readers should not place undue
reliance on forward-looking statements or information. Western Copper
and Gold expressly disclaims any intention or obligation to update or
revise any forward-looking statements and information whether as a
result of new information, future events or otherwise, except as
otherwise required by applicable securities legislation.
SOURCE Western Copper and Gold Corporation
For further information:
please contact Paul West-Sells, President & COO or Kelly Weiss, Manager Corporate Communications & Investor Relations, at 604.684.9497 or email firstname.lastname@example.org.