Business
TASEKO ANNOUNCES AT-THE-MARKET OFFERING
TASEKO ANNOUNCES AT-THE-MARKET OFFERING Canada NewsWire VANCOUVER, BC ,...
About this update from Taseko Mines Limited
[{"type":"text","content":"\n \n \n \n TASEKO ANNOUNCES AT-THE-MARKET OFFERING\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n May 3, 2023\n \n \n /CNW/ - Taseko Mines Limited (TSX: TKO) (NYSE American: TGB) (LSE: TKO) (\"Taseko\" or the \"Company\") announces that it has entered into an equity distribution agreement dated\n \n May 3, 2023\n \n (the \"Equity Distribution Agreement\") providing for an at-the-market equity offering program (\"ATM\") with National Bank Financial, Canaccord Genuity and Stifel GMP and their respective\n \n United States\n \n affiliates (collectively, the \"Agents\").\n \n \n The ATM will allow Taseko, through the Agents, to offer and sell from time to time in\n \n Canada\n \n and\n \n the United States\n \n , through the facilities of the Toronto Stock Exchange (\"TSX\") and the NYSE American LLC (\"NYSE American\") such number of common shares as would have an aggregate offering price of up to\n \n US$50 million\n \n . Sales of the common shares, if any, will be made in transactions that are deemed to be \"at-the-market distributions\" as defined in National Instrument 44-102 – Shelf Distributions and an \"at-the-market offering\" as defined in Rule 415 under the United States Securities Act of 1933, as amended, including sales made by the Agents directly on the TSX, the NYSE American or any other trading market for common shares in\n \n Canada\n \n ,\n \n the United States\n \n or as otherwise agreed between the Agents and the Company. The Company has applied to the TSX and NYSE American for listing of the common shares that may be issued under the ATM and sales will be subject to the receipt of the required stock exchange approvals. The common shares sold under the ATM will also be admitted to trading on the London Stock Exchange.\n \n \n The ATM will be effective until\n \n May 26, 2025\n \n unless terminated before such date in accordance with the Equity Distribution Agreement. The timing and extent of the use of the ATM will be at the discr...