McMillan Advises Taseko Mines in Filing its Cross-Border US$600 Million Base Shelf Prospectus and US$50 Million “At-The-Market” Offering

McMillan advised Taseko Mines Limited (“Taseko”) (TSX: TKO) in filing a US$600 Million base shelf prospectus in all provinces of Canada, except Québec, and a corresponding shelf registration on Form F-10 with the United States Securities and Exchange Commission.

Under the base shelf prospectus and registration statement, Taseko has qualified a US $50 million At-the-Market Offering (“ATM”) of common shares in Canada and the United States. The ATM commenced on May 3, 2023, and is being conducted through a syndicate of underwriters, including National Bank Financial Inc., Canaccord Genuity Corp. and Stifel Nicolaus Canada Inc.

Taseko is a North American mining company, developing and operating world-class copper mines and mineral properties in British Columbia and Arizona. The Gibraltar Mine in central British Columbia is the company’s foundational asset. Taseko is also focused on advancing Florence Copper, a copper producer in Arizona.

McMillan acted as lead Canadian and US counsel to Taseko on this cross-border transaction. Cory Kent led the multidisciplinary team of McMillan lawyers that included Michael Taylor (US Securities), Andjela Sabet (Capital Markets and Securities), and Ted Thiessen (Tax). Uniquely positioned in the Canadian marketplace, outside of international firms, McMillan has the ability to act as both Canadian and US securities counsel in connection with capital raising in the mining industry.

As a national business law firm with exceptional capabilities to lead businesses through cross-border transactions and investments into Canada and within multifaceted regulatory regimes, McMillan provides real-time business solutions to our clients. Our Capital Markets & Securities Group is skilled at structuring and closing complex deals of all shapes and sizes in Canada, the US and internationally and in providing innovative transactional advice and solutions. Our understanding of business imperatives and our relationships with the regulators helps our clients stay ahead.