Taseko Mines Limited announced that it has upsized and priced an offering of USD 400 million aggregate principal amount of Senior Secured Notes due 2026 (the "Notes"), an upsize of USD 75 million over the amount previously announced. Interest on the Notes will accrue at an annual rate of 7.0% payable semi-annually, and the Notes will be issued at par. The offering is expected to close on February 10, 2021, subject to customary closing conditions. Taseko intends to use the net proceeds from this offering, together with cash on hand, to redeem all USD 250 million aggregate principal amount outstanding of its 8.75% Senior Secured Notes due 2022 (the "Existing Notes") (including accrued interest), to make capital expenditures, including at its Florence Copper project and Gibraltar mine, as working capital, for general corporate purposes and to pay fees and expenses in connection with this offering.