Taseko Mines Limited acquires 50% interest in Cariboo Copper Corp. from Sojitz Corporation

On March 15, 2023, Taseko Mines Limited (“Taseko”) completed its acquisition of a 50% interest in Cariboo Copper Corp. from Sojitz Corporation for C$60 million payable in instalments and up to an additional C$57 million in production-based conditional consideration, bringing Taseko’s effective interest in the Gibraltar Mine to 87.5%.

McCarthy Tétrault advised Taseko Mines Limited with a team led by Roger Taplin that included Christopher Langdon, Patrick Deutscher, Geena Lee, Olivia Martin (Corporate), Jeremy Ho, Colton Dennis (Tax), Casey Halladay, and Will Rooney (Competition).