http://www.theglobeandmail.com/globe-investor/investment-ideas/streetwise/taseko-mines-preps-for-financing/article1714431/

Taseko Mines Ltd. (TKO-T4.700.265.86%) filed a $300-million preliminary base shelf prospectus on Friday, which makes it much easier for the Vancouver-based company to issue debt and equity over the next 25 months.

The company stated that the document does not mean it is coming to market for new capital any time soon, but filing the paperwork suggests that on its own, so the firm will probably hear from bankers very soon.

Taseko already struck a few deals this year. In March, it sold a 25 per cent joint venture interest in its Gibraltar copper and molybdenum mine to Cariboo Copper Corp. for $187-million. (Taseko still holds a 75 per cent interest in that mine, located in south-central British Columbia.)

In May, Taseko also signed a gold stream deal with Franco-Nevada Corp. that saw Franco put up $350-million (U.S.) to fund the development of Taseko’s Prosperity gold-copper project. Franco’s investment will be amortized over gold deliveries from the project.