Taseko Mines (TGB) has closed its previously announced bought deal offering. A total of 42,000,000 common shares of the Company were sold at the price of $4.05 per Common Share for gross proceeds of $170,100,000. The Offering was completed pursuant to an underwriting agreement dated October 17 among the Company and BMO Capital Markets and Canaccord Genuity, as co-lead managers, and National Bank Financial, each as joint bookrunners, and TD Securities. The proceeds of the Offering are anticipated to be used to repay outstanding indebtedness under the Company’s revolving credit facility and for general corporate and working capital purposes.
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