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Taseko Mines will redeem 8¾% notes due 2022 from new offering
Chicago, Jan. 25 – Taseko Mines Ltd. plans to redeem its 8¾% senior secured notes due 2022 with proceeds from a new offering of senior secured notes due 2026, according to a press release.
Proceeds will also come from cash on hand for the redemption.
Additionally, the company will be making capital expenditures, including at its Florence Copper project and Gibraltar mine.
Proceeds from the notes will also be used for working capital and general corporate purposes.
The issuer is a Vancouver, B.C.-based mining company.
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