Taseko Mines Ltd - operates Gibraltar mine in British Columbia; it is the second largest open-pit copper mine in Canada - Director Robert Dickinson sells 500,000 shares at CAD3.36, worth CAD1.7 million, about GBP977,592, on Thursday in Toronto. Taseko on Wednesday said it priced its offering of USD500 million in senior secured debt notes due 2030 with an annual coupon of 8.25%. The notes will be issued at par value. The new debt financing will be used to retire existing 2026 notes and to make capital expenditures on the Gibraltar mine and separate Florence copper project.
Current stock price: 200.00 pence, up 3.6% in London on Friday
12-month change: up 57%
By Tom Waite, Alliance News editor
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Taseko Mines L. (TKO)