Taseko closes $170.1-million (U.S.) bought deal

Executive Summary

• Taseko Mines Ltd. has closed its previously announced bought deal financing, raising gross proceeds of US$170.1 million.
• The company issued 42 million common shares, including shares from the partial exercise of the underwriters' overallotment option, at a price of US$4.05 per share.
• Proceeds are designated for repaying outstanding indebtedness under the revolving credit facility and for general corporate and working capital purposes.

Key Details

• Transaction Type: Closed Bought Deal Offering.
• Gross Proceeds: US$170.1 million.
• Share Price: US$4.05 per common share.
• Shares Issued: 42 million common shares total.
  • Includes 4.9 million common shares issued upon the underwriters' partial exercise of the overallotment option.
• Underwriters/Managers:
  • Co-lead managers: BMO Capital Markets and Canaccord Genuity Corp.
  • Joint bookrunners: National Bank Financial Inc.
  • Additional participant: TD Securities Inc.
• Use of Proceeds: Repayment of outstanding indebtedness under the company's revolving credit facility and for general corporate and working capital purposes.
• Regulatory Filings: Completed via a prospectus supplement dated Oct. 17, 2025, to the company's existing Canadian short-form base shelf prospectus and related U.S. registration statement on Form F-10 (SEC file No. 333-288490).
• Filing Jurisdictions: Filed with securities commissions in all Canadian provinces and territories except Quebec and Nunavut, and with the U.S. SEC.