Taseko Mines Limited Issue of Debt

 
TIDMTKO 
 
Taseko Announces Offering of US$325 Million of Senior Secured Notes Due 2026 
 
VANCOUVER, BC, Jan. 25, 2021 - Taseko Mines Limited (TSX: TKO) (NYSE American: 
TGB) (LSE: TKO) ("Taseko") today announced that it has commenced an offering of 
US$325 million of Senior Secured Notes due 2026 (the "Notes"). The aggregate 
principal amount, interest rate and other terms of the Notes will be determined 
at pricing and are dependent upon market conditions and other factors. Taseko 
intends to use the net proceeds from this offering, together with cash on hand, 
to redeem its outstanding 8.75% Senior Secured Notes due 2022 (the "Existing 
Notes"), to make capital expenditures, including at its Florence Copper project 
and Gibraltar mine, as working capital and for general corporate purposes and 
to pay fees and expenses in connection with this offering. The Notes will not 
be registered under the U.S. Securities Act of 1933, as amended (the 
"Securities Act"), or the securities laws of any other jurisdiction. The Notes 
will not be qualified by a prospectus in Canada. Unless they are registered or 
qualified by a prospectus, the Notes may be offered and sold, only in 
transactions that are exempt from registration requirements and from prospectus 
qualification under Canadian securities laws. In the United States, the Notes 
will be offered and sold, only to persons reasonably believed to be "qualified 
institutional buyers" (as defined in Rule 144A under the Securities Act) and 
outside the United States, to non-U.S. persons in compliance with Regulation S 
under the Securities Act. This press release is neither an offer to sell nor 
the solicitation of an offer to buy the Notes, the Existing Notes or any other 
securities and shall not constitute an offer to sell or solicitation of an 
offer to buy, or a sale of, the Notes, the Existing Notes or any other 
securities in any jurisdiction in which such offer, solicitation or sale is 
unlawful. This press release does not constitute a notice of redemption with 
respect to the Existing Notes. 
 
Russell Hallbauer 
Chief Executive Officer and Director 
 
No regulatory authority has approved or disapproved of the information 
contained in this news release. 
 
CAUTION REGARDING FORWARD-LOOKING STATEMENTS 
 
This document contains forward-looking statements and forward-looking 
information (collectively referred to as "forward-looking statements"), within 
the meaning of applicable Canadian securities legislation and the United States 
Private Securities Litigation Reform Act of 1995, Section 27A of the Securities 
Act and 21E of the U.S. Securities Exchange Act of 1934, as amended, which may 
not be based on historical fact, including without limitation statements 
regarding Taseko's expectations in respect of future financial position, 
business strategy, future production, reserve potential, exploration drilling, 
exploitation activities, events or developments that Taseko expects to take 
place in the future, projected costs and plans and objectives. Often, but not 
always, forward-looking statements can be identified by the use of the words 
"believes," "may," "plan," "will," "estimate," "scheduled," "continue," 
"anticipates," "intends," "expects," "aim" and similar expressions. 
 
Such statements reflect Taseko's current views with respect to future events 
and are subject to risks and uncertainties. These statements are necessarily 
based upon a number of estimates and assumptions that are inherently subject to 
significant business, economic, competitive, political and social uncertainties 
and contingencies. Many factors could cause Taseko's actual results, 
performance or achievements to be materially different from any future results, 
performance, or achievements that may be expressed or implied by such 
forward-looking statements, including those contained in Taseko's filings. For 
further information on Taseko, investors should review the documents that 
Taseko has filed with or furnished to the United States Securities and Exchange 
Commission www.sec.gov and home jurisdiction filings that are available at 
www.sedar.com. 
 
Brian Bergot, Vice President, Investor Relations - 778-373-4533 or toll free 
1-877-441-4533 
 
 
 
END 
 
 

(END) Dow Jones Newswires

January 25, 2021 09:38 ET (14:38 GMT)