VANCOUVER - Western Copper and Gold Corp. says Rio Tinto Canada Inc. has completed a $25.6-million investment in the company.
The Vancouver-based company says the money will be used to help advance its copper-and-gold Casino project in the Yukon.
Western says Rio Tinto has acquired 11.8 million shares at a price of $1.27 per share.
As a result, Rio Tinto now holds an 8.0 per cent stake in the company.
Western has been developing the Casino project since 2008.
It is located 300 kilometres northwest of Whitehorse.
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