Western Copper Announces Shareholder and Court Approval of Spinoff

Western Copper Corporation WRN is pleased to announce that the Supreme Court of British Columbia has granted the final order approving the previously announced plan of arrangement under the Business Corporations Act under which Western Copper will spin-out its Carmacks project in the Yukon Territory and its Redstone project in the Northwest Territories indirectly to Copper North Mining Corp., spin-out its Island Copper project in British Columbia indirectly to NorthIsle Copper and Gold, and rename Western Copper Corporation as Western Copper and Gold Corporation. The plan of arrangement is expected to complete after the close of markets on Monday, October 17, 2011. Western Copper anticipates that common shares of New WRN will commence trading on the Toronto Stock Exchange a few days after October 17, 2011. Advance notice of the commencement of such trading will be provided by press release.