WESTERN COPPER & GOLD CORP

Ticker: WRN CUSIP: 95805V108 Class: COM

Penbrook Management LLC's Holding History (CIK: 0001381055)

Note: Option positions (PUT/CALL) are excluded.

Q1 2015

Shares 104,100 Value ($000) $47 Avg Close $0.52 Range $0.45 - $0.65

Q4 2014

Shares 104,100 Value ($000) $60 Avg Close $0.56 Range $0.46 - $0.68

Q3 2014

Shares 104,100 Value ($000) $60 Avg Close $0.74 Range $0.57 - $0.88

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2015	104,100	$47	$0.52	$0.45 - $0.65
Q4 2014	104,100	$60	$0.56	$0.46 - $0.68
Q3 2014	104,100	$60	$0.74	$0.57 - $0.88