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Message: Provides Update on Terms of Bank Extension

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Provides Update on Terms of Bank Extension

posted on Apr 28, 09 12:46PM

April 27, 2009

Teck Provides Update on Terms of Bank Extension

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 27, 2009) - Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) announced today, in connection with the commitment letter regarding the bridge and term loan extension announced on April 21, 2009, that the definitive documentation giving effect to the extension is expected to provide that Teck's outstanding 7% notes due 2012, 5.375% notes due 2015, and 6.125% notes due 2035 will be secured equally and ratably with the amended bridge and term loan facilities and other credit facilities of Teck. Teck expects the amended and restated bridge and term loan agreements contemplated by the commitment letter to close later this week.

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