Global Copper Shareholders Approve Teck Cominco Transaction
VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 25, 2008) - Teck Cominco Limited (TSX:TCK.A and TCK.B, NYSE:TCK) ("Teck") announced today that shareholders of Global Copper Corp. have voted to approve the previously announced plan of arrangement under which Teck Cominco will acquire all of the shares of Global. Global's principal asset is the Relincho copper project in Chile. Substantially all of Global's other assets, including Global's interest in the Taca Taca and San Jorge properties in Argentina, a specified amount in cash and a 1.5% net smelter return royalty in respect of the Relincho project will be transferred to Lumina Copper Corp., the shares of which are to be distributed to Global shareholders under the arrangement.
About Teck Cominco
Teck is a diversified mining company, headquartered in Vancouver, Canada. Shares are listed on the Toronto Stock Exchange under the symbols TCK.A and TCK.B. and the New York Stock Exchange under the symbol TCK. Teck is a world leader in the production of zinc and metallurgical coal and is also a significant producer of copper, gold and specialty metals. Further information can be found at www.teckcominco.com.
For more information, please contact
Teck Cominco LimitedGreg Waller
Vice President, Investor Relations & Strategic Analysis
(604) 685-3005
Email: greg.waller@teckcominco.com
Website: www.teckcominco.com
