Dr. Paul West-Sells reports

WESTERN COPPER AND GOLD ANNOUNCES COMPLETION OF C$2.3 MILLION SUBSCRIPTION BY RIO TINTO

Western Copper and Gold Corp. has completed its previously announced $2.3-million subscription by Rio Tinto Canada Inc.

Rio Tinto acquired 878,809 common shares of the company at a price of $2.63 per share for proceeds of approximately $2.3-million, allowing Rio Tinto to maintain its interest of approximately 7.84 per cent.

About Western Copper and Gold Corp.

Western Copper and Gold is developing the Casino project, Canada's premier copper-gold mine in Yukon and one of the most economic greenfield copper-gold mining projects in the world.