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Warrants Alert




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Address: 2050 - 1111 Georgia St W
Vancouver BC V6E 4M3
Phone: 604 684 9497
Fax: 604 669 2926
Website: http://www.westerncoppercorp.com

Warrant Symbol - WRN.WT
Number Trading - 4,085,000
Expiration Date - December 22, 2012
Cusip - 95805Y 11 1
Exercise Price - $3.45

Warrants called to trade news:




Western Copper warrants to list on the TSX Dec. 23

2010-12-21 17:48 MT - Prospectus Approved
Western Copper Corp.'s warrants will begin trading on the Toronto Stock Exchange at the open on Thursday, Dec. 23, 2010, according to the TSX. As reported in a Dec. 15, 2010, short form prospectus, Western Copper is issuing 4,085,000 warrants in connection with a $20-million unit financing at $2.45. Each unit comprises one share and one-half of a warrant, with each whole warrant exercisable into one share at $3.45 until Dec. 22, 2012. The company is raising the money for more work on its Casino copper-gold project in the Yukon, its Carmacks copper project in the Yukon, and for general and administrative expenses.

News Release
Dec 22, 2010

Western Copper Closes Bought Deal Financing & Over-Allotment Option Exercise, Total Proceeds $23 M
VANCOUVER, BRITISH COLUMBIA – Western Copper Corporation (“Western Copper” or the “Company”) (TSX: WRN) is pleased to announce that further to its news release dated December 2, 2010, it has completed a fully subscribed bought deal offering of 8,170,000 units (the “Units”) at a price of $2.45 per Unit and the Underwriters’ exercise in full of an over-allotment option to purchase an additional 1,225,500 shares and 612,750 Warrants granted by the Company in connection with such offering for total gross proceeds of approximately $23 million. Each Unit consists of one common share in the capital of the Company and one-half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant entitles the holder thereof to acquire one common share (each a “Warrant Share”) at an exercise price of $3.45 per Warrant Share for a period of 24 months. A syndicate of underwriters led by CIBC and including Dundee Securities Corporation and Cormark Securities Inc. (collectively, the “Underwriters”) acted as underwriters in respect to the Offering.


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