Western Copper and Gold, which is developing the Casino project in the Yukon Territory, has appointed Sandeep Singh as CEO with immediate effect.
Singh will work closely with Paul West-Sells, who will continue in the role of president in connection with the succession process.
As a respected mining professional with 20 years of sector expertise, Singh adds meaningful capital markets and strategic expertise to the company. He was previously the president and CEO of Osisko Gold Royalties, where he led the successful turnaround of the company.
For the 15 years prior, Singh was an investment banker focusing on the North American metals and mining sector with BMO Capital Markets, Dundee Securities, and ultimately co-founding Maxit Capital.
In addition, Western Copper has announced the retirement of Kenneth Williamson as director and Interim chairperson. Current board member, Bill Williams, has taken on the role of interim chairperson, while a search is under way for a replacement.
Western has also announced a C$3-million private placement with Singh for the purchase of 2.22-million common shares at a price of C$1.35 a common share.