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Taseko Mines Ltd T.TKO

Alternate Symbol(s):  TGB

Taseko Mines Limited is a Canada-based mining company. The Company is principally engaged in the production and sale of metals, as well as related activities, including mine permitting and development within the province of British Columbia, Canada and the State of Arizona, the United States. The Company’s principal property is the Gibraltar Mine, which is a copper-molybdenum mine that is located in south-central British Columbia. It also owns the Florence Copper, Yellowhead copper, New Prosperity and Aley properties. The Florence Copper property is located midway between Phoenix and Tucson near the community of Florence, Arizona. The Yellowhead Project is located in the Thompson-Nicola area of British Columbia, approximately 150 kilometers northeast of Kamloops near Vavenby. The New Prosperity Project is a gold-copper porphyry, which is located in British Columbia. The Aley Niobium Project is located in northern British Columbia, approximately 140 kilometers north of Mackenzie.


TSX:TKO - Post by User

Bullboard Posts
Post by kejriwal123on Jan 31, 2017 1:50am
240 Views
Post# 25776111

Beware: Court Case

Beware: Court CaseRaging River Capital LP ("Raging River") announces that it has commenced a lawsuit in the Supreme Court of British Columbia ("Court") for a finding that the affairs of Taseko Mines Limited ("Taseko Mines") (TSX:TKO)(NYSE MKT:TGB) in connection with the acquisition of Curis Resources Ltd. ("Curis") were conducted in a manner that unfairly harmed shareholders. Raging River has asked the Court, among other things, to make an order that legal proceedings be commenced by Raging River in the name of Taseko Mines against Russell Hallbauer, Ronald Thiessen, Robert Dickinson, Trevor Thomas, Hunter Dickinson Inc. ("Hunter Dickinson" or "HDI") and its subsidiaries for damages of $110 million to compensate shareholders. Raging River alleges that Taseko Mines' acquisition of the failing Curis - which included assets that proved to be essentially worthless - constituted a related party transaction, and that the failure by Taseko's board of directors.
Bullboard Posts