Western Copper upsizes offering to $40m

Project developer Western Copper and Gold has upsized its bought-deal public offering to fund permitting and engineering work at its Casino project, in Yukon, to $40-million. The TSX- and NYSE American-listed company on Tuesday announced an amended agreement with Eight Capital under which underwriters have agreed to buy, on a bought-deal basis, 21 055 000 shares at $1.90 each.