The Base Shelf Prospectus is accessible, and the prospectus supplement will be accessible within two business days, through SEDAR+
VANCOUVER, British Columbia, Oct. 15, 2025 (GLOBE NEWSWIRE) -- Taseko Mines Limited (TSX:TKO, NYSE:TGB, LSE: TKO)) ("Taseko Mines", "Taseko" or the "Company") has announced today that it has entered into an agreement with BMO Capital Markets and Canaccord Genuity Corp., as co-lead managers, and National Bank Financial Inc., each as joint bookrunners, on behalf of a syndicate of underwriters (the "Underwriters"), pursuant to which the underwriters have agreed to purchase on "bought deal" basis 37,100,000 common shares (the "Common Shares"), at a price of US$4.05 per Common Share for gross proceeds of US$150,255,000 (the "Offering"). The Company has granted the Underwriters an option, exercisable at the offering price for a period of 30 days following the closing of the Offering, to purchase up to an additional 15% of the Offering to cover over-allotments, if any (the "Over-Allotment Option").
The Company intends to use the net proceeds of the Offering to repay outstanding indebtedness under the Company's revolving credit facility and for general corporate and working capital purposes.
The Offering is expected to close on or about October 22, 2025, subject to certain customary closing conditions, including the receipt of all necessary approvals of the Toronto Stock Exchange and the NYSE American.