Taseko Mines Limited acquires 50% interest in Cariboo Copper Corp. from Sojitz Corporation
Date Closed
March 15, 2023
Lead Office
Vancouver
Value
117.00 Million CAD
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).