Teck Receives Regulatory Approval for Renewal of Share Buy-Back Program

Teck Receives Regulatory Approval for Renewal of Share Buy-Back Program 
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/26/13 -- Teck
Resources Limited (TSX: TCK.A, TCK.B, NYSE: TCK) ("Teck") has been
informed that the Toronto Stock Exchange (TSX) has accepted Teck's
notice of intention to make a normal course issuer bid to purchase
its Class B subordinate voting shares. Under the normal course issuer
bid, Teck may purchase up to 20 million Class B subordinate voting
shares during the period starting June 28, 2013 and ending on June
27, 2014, representing approximately 3.53% of the outstanding Class B
subordinate voting shares, or 4.39% of the public float, as of June
19, 2013. 566,836,439 Class B subordinate voting shares were issued
and outstanding as of June 19, 2013. 
Teck will make any purchases through the facilities of the TSX, the
New York Stock Exchange or any other exchanges or alternative trading
systems in both Canada and the United States, if eligible, or by such
other means as may be permitted under the TSX's regulations,
including private agreements under an issuer bid exemption order or
block purchases in accordance with the applicable regulations.
Purchases made by way of private agreements under an issuer bid
exemption order issued by a securities regulatory authority will be
at a discount to the prevailing market price as provided in the
exemption order. 
The average daily trading volume calculated in accordance with the
policies of the TSX for the Class B subordinate voting shares during
the six-month period ended May 31, 2013 was 2,105,708. As a result,
under the TSX's rules, Teck may purchase a maximum of 526,427 Class B
subordinate voting shares (being 25% of the average daily trading
volume) on any one day, except pursuant to permitted exceptions. The
actual number of Class B subordinate voting shares to be purchased
and the timing of any such purchases will be determined by Teck from
time to time as market conditions warrant. All repurchased shares
will be cancelled. 
Teck is making the normal course issuer bid because it believes that
the market price of their Class B shares may, from time to time, not
reflect its underlying value and that the share buy-back program may
provide value by reducing the number of shares outstanding at
attractive prices. 
Under Teck's previously approved normal course issuer bid, during the
12 month period commencing June 27, 2012, Teck purchased an aggregate
of 10,000,000 Class B subordinate voting shares at a weighted average
price of $29.85 per share. All repurchased shares were cancelled. 
About Teck 
Teck is a diversified resource company committed to responsible
mining and mineral development with major business units focused on
copper, steelmaking coal, zinc and energy. Headquartered in
Vancouver, Canada, its 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. www.teck.com.
Contacts:
Teck Resources Limited - Investor Contact
Greg Waller
Vice President, Investor Relations and Strategic Analysis
604.699.4014
greg.waller@teck.com 
Teck Resources Limited - Media Contact
Chris Stannell
Senior Communications Specialist
604.699.4368
chris.stannell@teck.com
www.teck.com