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Western Copper and Gold has announced that Rio Tinto Canada Inc. will exercise its participation right in full, maintaining its interest of approximately 9.7%. This will result in Rio Tinto subscribing for over 2 million common shares of the Company, with the potential for additional shares if the over-allotment option is exercised. The gross proceeds from this exercise are expected to be approximately $40 million. The completion of this transaction is subject to approvals from the Toronto Stock Exchange and the NYSE American