Teck Announces Cash Tender Offers and Consent Solicitations

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 21, 2017) - Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) ("Teck") today announced that it has commenced cash tender offers (the "Tender Offers") to purchase up to U.S.$650,000,000 aggregate principal amount (subject to increase by Teck, the "Aggregate Maximum Tender Amount") of the following series of notes (the "Notes") issued by Teck:

	Dollars per U.S.$1,000 Principal Amount of Notes
Title of Notes	CUSIP Number	Aggregate Principal Amount Outstanding (U.S.$)	Acceptance Priority Level	Tender Offer Consideration (U.S.$)	Early Tender Premium (U.S.$)	Consent Payment	Total Consideration(1) (U.S.$)
3.000% Notes due 2019	878744AA9	$278,064,000	1	$995.00	n/a	$30	$1,025.00
8.000% Notes due 2021	878742BA2; C87392AD5	$650,000,000	2	$1,085.00	n/a	$30	$1,115.00
4.500% Notes due 2021	878742AT2	$500,000,000	3	$1,015.00	$30	n/a	$1,045.00
4.750% Notes due 2022	878742AV7	$700,000,000	4	$1,015.00	$30	n/a	$1,045.00
8.500% Notes due 2024	878742BC8;