REG-Taseko Mines Limited: TASEKO ANNOUNCES OFFERING OF SENIOR SECURED NOTES

Taseko MinesAnnouncement

08/04/2024 14:15

TASEKO ANNOUNCES OFFERING OF US$500 MILLION OF SENIOR SECURED NOTES DUE 2030

VANCOUVER, BC, April 8, 2024 -- Taseko Mines Limited (TSX: TKO) (NYSE
American: TGB) (LSE: TKO) ("Taseko") today announced that it has commenced an
offering of US$500 million of Senior Secured Notes due 2030 (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 7.00% Senior Secured Notes due
2026 (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.

Stuart McDonald

President and CEO

No regulatory authority has approved or disapproved of the information
contained in this news release.

Caution Regarding Forward-Looking Information

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 general information on Taseko, 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.sedarplus.ca.

on Taseko, see the Company's website at www.tasekomines.com or contact: Brian
Bergot, Vice President, Investor Relations, 778-373-4533.



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