Taseko Mines Limited announced that it has obtained an underwritten commitment for USD 25 million from Banc of America Leasing & Capital, LLC. Proceeds from this financing will be available to Taseko to fund costs associated with the Solvent Extraction and Electrowinning (“SX/EW”) plant for the Florence Copper commercial production facility. Financing Details: The USD 25 million of funding will be available for drawdown upon Florence Copper receiving the final Underground Injection Control permit from the EPA.

The loan will be secured by specific treatment and processing equipment in the SX/EW plant with an initial term of five years. The facility can be repaid at any time and carries no financial covenants.