Form 51-102F3 | |
Material Change Report | |
CONTENT OF MATERIAL CHANGE REPORT | |
ITEM 1. | NAME AND ADDRESS OF ISSUER |
Western Copper Corporation (the "Corporation") | |
Suite 2050, 1111 W. Georgia Street | |
Vancouver, BC V6E 4M3 | |
Telephone: (604) 684-9497 | |
Fax: (604) 669-2926 | |
ITEM 2. | DATE OF MATERIAL CHANGE |
August 19, 2011 | |
ITEM 3. | NEWS RELEASE |
Issued August 19, 2011 and distributed through the facilities of Canada Newswire and filed on SEDAR. | |
ITEM 4. | SUMMARY OF MATERIAL CHANGE |
The Corporation today announced that further to its news release dated June 23, 2011, the Company has entered into an arrangement agreement dated August 18, 2011 (the "Agreement") with certain of its wholly- owned subsidiaries including Copper North Mining Corp. ("CopperNorth") and NorthIsle Copper and Gold Inc. ("NorthIsle"), both of which were incorporated for the purposes of the Agreement, to give effect to the spin-out transaction announced on June 23, 2011. As part of the Agreement, the Company will also change its name from “Western Copper Corporation” to “Western Copper and Gold Corporation". | |
The Agreement sets out the terms of the statutory plan of arrangement involving Western Copper, its securityholders, Copper North, NorthIsle and certain of Western Copper’s direct and indirect subsidiaries. A copy of the Agreement will be available on SEDAR atwww.sedar.comunder the Corporation's profile. | |
ITEM 5.1 | FULL DESCRIPTION OF MATERIAL CHANGE |
See news release attached as Schedule "A". | |
ITEM 5.2 | DISCLOSURE FOR RESTRUCTURING TRANSACTIONS |
Not applicable. |
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ITEM6. | RELIANCE ON SUBSECTION 7.1(2) OF NATIONAL INSTRUMENT 51-102 | |
Not applicable. | ||
ITEM7. | OMITTED INFORMATION | |
No information has been omitted on the basis that it is confidential information. | ||
ITEM8. | EXECUTIVE OFFICER | |
Contact: Julien François, Chief Financial Officer | ||
Telephone: (604) 684-9497 | ||
ITEM9. | DATE OF REPORT | |
Dated at Vancouver, British Columbia, this 19thday of August, 2011. |
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