Taseko Announces Closing of Bought Deal Financing for Gross Proceeds of US$170 Million
Globenewswire·2025-10-22 12:31

Core Viewpoint - Taseko Mines Limited has successfully closed a bought deal offering, raising gross proceeds of US$170.1 million through the sale of 42 million common shares at a price of US$4.05 per share [1]. Group 1: Offering Details - A total of 42,000,000 common shares were sold, including 4,900,000 shares from the Underwriters' partial exercise of the over-allotment option [1]. - The offering was completed under an underwriting agreement with BMO Capital Markets and Canaccord Genuity Corp. as co-lead managers, along with National Bank Financial Inc. and TD Securities Inc. as joint bookrunners [1]. Group 2: Use of Proceeds - The proceeds from the offering are expected to 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 and Filing Information - The offering was completed via a prospectus supplement dated October 17, 2025, to the Company's existing Canadian short form base shelf prospectus and related U.S. registration statement [3]. - The Prospectus Supplement has been filed with securities commissions in Canada (except Quebec and Nunavut) and with the U.S. SEC [3].