GlobeNewswire·Oct 22, 2025, 8:31 AM ET

Taseko Announces Closing of Bought Deal Financing for Gross Proceeds of US$170 Million

Taseko Mines Limited announced the closing of its bought deal offering on October 22, 2025.
The company sold 42,000,000 common shares, including 4,900,000 shares from an underwriters' partial over-allotment exercise.
Shares were sold at a price of US$4.05 each, generating gross proceeds of US$170,100,000.
Co-lead managers BMO Capital Markets & Canaccord Genuity Corp., along with joint bookrunners National Bank Financial Inc. & TD Securities Inc., facilitated the offering.
Proceeds are intended to repay outstanding indebtedness under the company's revolving credit facility & for general corporate working capital purposes.
The offering was executed via a prospectus supplement dated October 17, 2025, filed with Canadian securities commissions (except Quebec & Nunavut) & the SEC.
Forward-looking statements in the release highlight risks including copper price volatility, inflation impacts, operational challenges at Florence Copper, high indebtedness, & regulatory compliance issues.