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Taseko Mines Ltd T.TKO

Alternate Symbol(s):  TGB

Taseko Mines Limited is a Canada-based copper focused mining company. The Company's principal assets are the 100% owned Gibraltar mine (Gibraltar), which is located in central British Columbia and is one of the largest copper mines in North America and the Florence Copper project, which is under construction. The Company also owns the Yellowhead copper, New Prosperity gold-copper, and Aley niobium projects. The Florence Copper project is located south of Phoenix in the community of Florence, Arizona. The Yellowhead Project is located in the Thompson-Nicola region of British Columbia, approximately 150 kilometers (km) northeast of Kamloops near the town of Vavenby. The Aley niobium project is located in northeast British Columbia. The New Prosperity property is located in south-central British Columbia and hosts one of the most significant copper and gold deposits in Canada. It is also located in an area of cultural significance to the Tsilhqot'in Nation, known as Teztan Biny and Nabas.


TSX:TKO - Post by User

Comment by KentWilkenson Jan 25, 2021 9:54am
135 Views
Post# 32374261

RE:RE:RE:RE:RE:Notes offering

RE:RE:RE:RE:RE:Notes offering

2017 notes final disposition

"The Company used the proceeds from the Notes offering (US$247.5 million) and a portion of its cash on hand (US$54.5 million), to fund the redemption of its outstanding Senior Notes due 2019 (the “Existing Notes”) for US$203.8 million including accrued interest, to repay its senior secured credit facility for US$79.4 million including accrued interest, to buy-out a copper call option held by the credit facility lender (US$11.9 million) and for estimated transaction costs of US$6.9 million."

so costs declared were 6.9m, about a 2.8% premium finders fee on the last transaction, but you can spread that out over the 3.5 years duration, so about .8% annualized finders fee.

KW

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