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Teck Resources Ord Shs Class A T.TECK.A

Alternate Symbol(s):  TCKRF | TECK | T.TECK.B

Teck Resources Limited is a Canadian resource company. The Company operates a portfolio of copper and zinc operations across North and South America. The Company’s operations and projects include Antamina, Cardinal River, Galore Creek Project, Carmen de Andacollo, Highland Valley Copper, Trail Operations, Quebrada Blanca, Carmen de Andacollo, HVC Mine Life Extension Project, Galore Creek Project, NorthMet Project, Mesaba Project, NuevaUnion Project, Red Dog, Sullivan Mine and Trail Operations. The Antamina mine is a copper and zinc mine, located in the Andes Mountain range, 270 kilometers north of Lima, Peru. The deposit is located at an average elevation of 4,200 meters. Its Carmen de Andacollo is located in the Coquimbo Region of central Chile at an elevation of 1,000 meters, approximately 350 kilometers north of Santiago. Its Galore Creek is located within the territory of the Tahltan in northwestern British Columbia, approximately 150 kilometers northwest of Stewart.


TSX:TECK.A - Post by User

Post by 4CommonSenseon Jun 13, 2023 12:38pm
270 Views
Post# 35493973

More focused on fiduciary issues ... yes - not just one S/H

More focused on fiduciary issues ... yes - not just one S/HIt took an awfully long time for Teck to own up to its fiduciary responsibilities to ALL S/Hs not just the A's

<p style="box-sizing: inherit; outline: 0px; margin: 0px 0px 12px; padding: 0px; font-size: 14px; line-height: 1.6; text-rendering: optimizelegibility; color: rgb(10, 10, 10); font-family: Arial, Helvetica, sans-serif;"> Teck&rsquo;s Board of Directors and<em><strong> independent Special Committee, </strong></em>in accordance with its<em><strong> fiduciary duties to shareholders</strong></em>, are continuing to consider and evaluate all actionable, value-accretive proposals received relating to Teck&rsquo;s steelmaking coal business to determine whether they are in the best interests of Teck&rsquo;s shareholders and all stakeholders.&nbsp; <span style="color:#ff0000;"><strong>(missing - &quot;what&#39;s in the best interests of the Company&quot;)&nbsp;</strong></span></p> <p style="box-sizing: inherit; outline: 0px; margin: 0px 0px 12px; padding: 0px; font-size: 14px; line-height: 1.6; text-rendering: optimizelegibility; color: rgb(10, 10, 10); font-family: Arial, Helvetica, sans-serif;"> As part of this ongoing review, Teck confirms it is engaging with Glencore around their proposal regarding the steelmaking coal business. The proposal is preliminary in detail, conditional and non-binding.</p>
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