Company: TGB
Filing Date: 2025-07-02
Form Type: F-10
Source: 0001062993-25-012433
Chunk: 23

Company: TASEKO MINES LTD
Filing Date: 2025-07-02
Form: F-10
Chunk 23
---
 New Prosperity Project.

Business Strategy

Taseko's strategy has been to grow the Company to become a North America focused multi-asset copper producer. We have utilized the cash flow from Gibraltar to acquire and develop a pipeline of large-scale, high-quality, advanced-stage mineral projects located in stable jurisdictions, which we believe will generate long-term shareholder value. The Company's mineral projects are located in British Columbia and Arizona and are primarily focused on copper, but also contain other metals including molybdenum, silver, gold and niobium. Taseko's main focus in the near term is successfully executing on the construction of Florence Copper.

<div align='center'>15

USE OF PROCEEDS</div>

Unless otherwise specified in a Prospectus Supplement, the net proceeds from the sale of the Securities will be used for general corporate purposes, including funding working capital, potential future acquisitions, debt repayments and capital expenditures. Each Prospectus Supplement will contain specific information concerning the use of proceeds from that sale of Securities.

All expenses relating to an offering of Securities and any compensation paid to underwriters, dealers or agents, as the case may be, will be paid out of our general funds, unless otherwise stated in the applicable Prospectus Supplement.

<div align='center'>EARNINGS COVERAGE RATIO</div>

Earnings coverage ratios will be provided as required in the applicable Prospectus Supplement(s) with respect to the issuance of Debt Securities pursuant to this Prospectus.

<div align='center'>CONSOLIDATED CAPITALIZATION</div>

There have been no material changes in our share and debt capital, on a consolidated basis, since March 31, 2025, being the date of the Company's most recently filed unaudited condensed consolidated financial statements incorporated by reference in this Prospectus.

<div align='center'>PRIOR SALES</div>

The following table sets out details of all Common Shares issued by the Company during the 12 months prior to the date of this Prospectus.

| Date              
 Common Shares     |   |               Price per 
 Security/Exercise Price 
        Per Common Share |     | Number of Common 
           Shares |
|:------------------|:--|------------------------:|:----|-----------------:|
| July 2024(2)      | $ |                    3.45 |     |          927,502 |
| August 2024(1)    | $ |                    0.72 |     |            2,000 |
| August 2024(2