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Taseko Mines Limited Announces US$150 Million Bought Deal Financing
TasekoTaseko(US:TGB) Globenewswire·2025-10-15 20:21

Core Viewpoint - Taseko Mines Limited has announced a bought deal offering of 37,100,000 common shares at a price of US$4.05 per share, aiming to raise gross proceeds of US$150,255,000 to repay debt and for general corporate purposes [1][2]. Group 1: Offering Details - The offering is being managed by BMO Capital Markets and Canaccord Genuity Corp. as co-lead managers, with National Bank Financial Inc. as joint bookrunners [1]. - The underwriters have an option to purchase an additional 15% of the offering to cover over-allotments within 30 days of closing [1]. - The expected closing date for the offering is around October 22, 2025, pending customary closing conditions [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be used to repay outstanding indebtedness under the company's revolving credit facility and for general corporate and working capital purposes [2]. Group 3: Regulatory Filings - A prospectus supplement will be filed in connection with the offering, which will be accessible through SEDAR+ and EDGAR [3][4]. - The prospectus supplement will be filed with securities regulatory authorities in Canada (excluding Québec and Nunavut) and with the U.S. SEC as part of an effective registration statement [3].