Teck Announces Dividend

Teck Announces Dividend

 

Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) ("Teck") announced today that its Board of Directors has declared an eligible dividend of $0.125 per share on its outstanding Class A common shares and Class B subordinate voting shares, to be paid on June 30, 2023 to shareholders of record at the close of business on June 15, 2023.

 

  About Teck  
As one of Canada's leading mining companies, Teck is committed to responsible mining and mineral development with major business units focused on copper, zinc, and steelmaking coal. Copper, zinc and high-quality steelmaking coal are required for the transition to a low-carbon world. Headquartered in Vancouver, Canada, Teck's shares are listed on the Toronto Stock Exchange under the symbols TECK.A and TECK.B and the New York Stock Exchange under the symbol TECK. Learn more about Teck at   www.teck.com   or follow   @TeckResources   .

 

  Investor Contact:  
Fraser Phillips
Senior Vice President, Investor Relations & Strategic Analysis
604.699.4621
fraser.phillips@teck.com  

 

  Media Contact:  
Chris Stannell
Public Relations Manager
604.699.4368
chris.stannell@teck.com  

 

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Teck to Present at the BofA Securities 2023 Global Metals, Mining and Steel Conference May 16, 2023

Teck to Present at the BofA Securities 2023 Global Metals, Mining and Steel Conference May 16, 2023

 

Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) ("Teck") Chief Executive Officer Jonathan Price will be presenting at the BofA Securities 2023 Global Metals, Mining and Steel conference on Tuesday, May 16, 2023 at 5:40 a.m. Eastern2:40 a.m. Pacific time. The investor presentation will focus on maximizing value for shareholders and include information on company strategy, financial performance, and outlook.

 

The presentation will be webcast through the following link at: https://bofa.veracast.com/webcasts/bofa/metalsminingsteel2023/idf0a930.cfm .

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Teck and CPKC Announce Long-term Rail Agreement

Teck and CPKC Announce Long-term Rail Agreement

 

Canadian Pacific Kansas City Limited (TSX: CP, NYSE: CP) ("CPKC") and Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) ("Teck") announced today that CPKC and Teck Coal Limited have entered into a long-term rail agreement for the transportation of steelmaking coal from Teck's four operations in southeastern B.C. The agreement builds on existing services in place and runs until the end of 2026.

 

In support of building green transportation corridors and as a shared commitment to sustainability, CPKC and Teck intend to collaboratively develop a unique pilot program that integrates the use of CPKC's hydrogen locomotives into Teck's steelmaking coal supply chain. It is anticipated that this effort will reduce greenhouse gas emissions, with testing commencing in early 2024.

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Teck Announces Receipt of Final Order Approving Plan of Arrangement and Further Details in Respect of Sunset for Dual Class Share Structure

Teck Announces Receipt of Final Order Approving Plan of Arrangement and Further Details in Respect of Sunset for Dual Class Share Structure

 

Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) ("Teck") announced today that the Supreme Court of British Columbia has issued a final order approving the previously announced plan of arrangement under the Canada Business Corporations Act to introduce a six-year sunset for the multiple voting rights attached to the Class A common shares of Teck (the "Dual Class Amendment").

 

As explained more fully in Teck's management proxy circular dated March 23, 2023, which includes the plan of arrangement, on the effective date of May 12, 2023, each Class A common share will be acquired by Teck in exchange for one new Class A common share and 0.67 of a Class B subordinate voting share. The terms of the new Class A common shares will be identical to the terms of the current Class A common shares, but will provide that, on the sixth anniversary of the effective date of the Dual Class Amendment, being May 12, 2029, all new Class A common shares will automatically be exchanged for Class B subordinate voting shares, which will be renamed "common shares".

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Teck Reports Voting Results from Annual and Special Meeting of Shareholders

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Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) ("Teck") announced today, in accordance with Toronto Stock Exchange requirements, the voting results from its Annual and Special Meeting of Shareholders held on Wednesday, April 26, 2023 (the "Meeting"). A total of 6,799,078 Class A common shares and 394,856,667 Class B subordinate voting shares were voted at the Meeting, representing 83.80% of the votes attached to all outstanding shares.

 

Shareholders voted at the Meeting as follows.

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Teck Withdraws Separation Proposal

Teck Withdraws Separation Proposal

 

Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) ("Teck") today announced it has determined not to proceed with the consideration by its shareholders at its upcoming annual and special meeting on April 26, 2023 ("the Meeting) of the current proposal to reorganize Teck's business into two companies: Teck Metals Corp. and Elk Valley Resources Ltd. ("EVR"), and the related items of business in respect of the consideration of the stock option plan for EVR and the shareholder rights plan for EVR.

 

"On behalf of Teck's Board, I thank our shareholders for their support and consideration, as well as the feedback shared throughout this process," said Sheila Murray, Chair of the Board, Teck. "The Board will focus on incorporating the feedback heard into a revised value-enhancing separation to maximize value for shareholders."

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