On October 17, 2025, Taseko Mines Limited has announced a public offering of 37,100,000 common shares at a price of US$4.05 per share, resulting in gross proceeds of US$150,255,000 (approximately C$211 million). The offering is being conducted through a syndicate of underwriters led by BMO Nesbitt Burns Inc. and Canaccord Genuity Corp. as co-lead underwriters, with National Bank Financial Inc. as joint bookrunner and TD Securities Inc. also participating. Taseko has granted the underwriters an over-allotment option to purchase up to an additional 5,565,000 common shares at the offering price, representing 15% of the base number of offered shares. If fully exercised, the total gross proceeds would be US$172,793,250, or roughly C$242.7 million. The underwriters’ fee is 4.5% of the aggregate purchase price, amounting to US$6,761,475 for the base offering.

Legal advice for Taseko is provided by McMillan LLP (Canada), while Borden Ladner Gervais LLP (Canada) and Skadden, Arps, Slate, Meagher & Flom LLP (U.S.) represent the underwriters. Net proceeds, after deducting the underwriters’ fee but before estimated expenses of US$800,000, are intended in part to repay amounts outstanding under Taseko’s US$110 million revolving credit facility with National Bank of Canada.

The closing of the offering is expected on or about October 22, 2025.