Raging River Capital LP Exposes More Conflicts of Interest at Taseko Mines Limited
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 04/07/16 --
Raging River Capital LP ("Raging River") releases a letter to shareholders exposing new details about the systemic and ongoing conflicts of interest at Taseko Mines Limited (TSX: TKO)(NYSE MKT: TGB) ("Taseko Mines") that have benefited three conflicted directors-Ronald Thiessen, Russell Hallbauer and Robert Dickinson-and their other company, Hunter Dickinson. Raging River also reveals the inadequate response Taseko Mines has taken in ending these conflicts of interest and warns shareholders not to be fooled by the smokescreens they are putting in place to protect their golden goose.
While the full text of the letter can be viewed , at , or at Taseko Mines' SEDAR profile at , new revelations include:
Average TSR: Calculated as an average of the annualized total shareholder returns achieved over each director's respective tenure as a public company executive or director, as sourced from Bloomberg on March 31, 2016 and assuming dividend reinvestment.
Raging River also announces it will be holding a telephone town hall and webcast where it will provide full details about its plan to create long-term value for all stakeholders and give shareholders a chance to ask the director nominees questions directly. Town hall details:
Wednesday, April 13th, 2016 at 11:00am (ET)
Conference ID: 83971136
Participant call-in: (647) 788-4919 Local and International or (877) 291-4570 (North American toll free number)
Webcast is broadcast live and archived at:
If you are unable to join, a replay will be available:
Replay number: (416) 621-4642 Local and International or (800) 585-8367 (North American toll free number)
Conference ID: 83971136
Available until: 11:59 pm on April 27th, 2016
SHAREHOLDERS ARE ENCOURAGED TO VOTE FOR CHANGE
Shareholders are encouraged to vote their BLUE proxy or VIF "FOR" the removal of each of the self-interested and conflicted incumbent Taseko directors: Ronald Thiessen, Russell Hallbauer and Robert Dickinson and the election of the following four independent and highly qualified new directors to the board: Paul Blythe, Randy Davenport, Henry Park and Mark Radzik.
Shareholders with questions should contact Kingsdale Shareholder Services at 1-888-518-6832 toll-free in North America, or 1-416-867-2272 outside of North America, or by email at .
ADVISORS
Raging River has engaged Norton Rose Fulbright Canada LLP as its legal advisor and Kingsdale Shareholder Services as its strategic and communications advisor and proxy solicitor.
Contacts:
Media:
Kingsdale Shareholder Services
Ian Robertson
Executive Vice President, Communication Strategy
Direct: 416.867.2333; Cell: 647.621.2646
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 07.04.2016 - 12:17 Uhr
Sprache: Deutsch
News-ID 462556
Anzahl Zeichen: 0
contact information:
Town:
VANCOUVER, BRITISH COLUMBIA
Kategorie:
Personal Finance
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