Taseko Mines Limited Announces Closing of Bought Deal Financing

Taseko Mines Limited has successfully closed its bought deal offering, selling 42,000,000 common shares at US$4.05 per share, resulting in gross proceeds of US$170,100,000. The offering was managed by BMO Capital Markets and Canaccord Genuity Corp., with National Bank Financial Inc. and TD Securities Inc. as joint bookrunners. The proceeds are intended to repay outstanding indebtedness under the company's revolving credit facility and for general corporate and working capital purposes. The offering was completed under a prospectus supplement to the company's existing Canadian short form base shelf prospectus and related U.S. registration statement on Form F-10. The prospectus supplement has been filed with the securities commissions in Canada and the SEC in the U.S.