2023-05-04 06:24:11 ET
- Taseko Mines ( NYSE: TGB ) has entered into an equity distribution agreement , providing for an at-the-market equity offering program with National Bank Financial, Canaccord Genuity and Stifel GMP and their respective United States affiliates.
- The ATM will allow Taseko, to offer and sell from time to time in Canada and the U.S., through the facilities of the TSX and the NYSE such number of common shares as would have an aggregate offering price of up to $50M.
- The Co. intends to use any proceeds for its general corporate purposes, which may include capex for the Gibraltar mine, expenses associated with the development of Florence Copper project and expenditures on Taseko's other projects.
- The ATM will be effective until May 26, 2025.
For further details see:
Taseko Mines announces ATM equity offering