Raging River Capital LP

May 03, 2016 09:17 ET

Raging River LP Reminds Shareholders to Vote the BLUE Proxy FOR Change at Taseko Mines

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 3, 2016) - Raging River Capital LP ("Raging River") thanks shareholders for overwhelming support for their shareholder nominees and reminds all shareholders to vote their BLUE proxy FOR Paul Blythe, Randy Davenport, Henry Park, and Mark Radzik by 10:00am (EST) on May 6, 2016.

"Taseko Mines has tried to convince shareholders to disregard the repeated occasions on which the self-interested directors have broken the trust of shareholders for their own benefit. Now is your chance to send the board a message that it is time to put shareholders' interests first and stop the waste of shareholder money by voting your BLUE proxy FOR our nominees," said Mark Radzik, Managing Partner of Raging River.

Shareholders are urged not to be fooled by Taseko Mines' fearmongering. Taseko Mines has tried hard to convince shareholders that they should stick with the 'devil they know' in the hopes that they are fearful of change. Now is the time for change.

The facts:

  1. Raging River is Taseko Mines' second largest shareholder
  2. Raging River's nominees have a track record superior to the three conflicted incumbent directors
  3. Only Raging River has a plan to reverse the 95% share price decline
  4. Only Raging River's nominees will end the conflicts of interest at Taseko Mines

SHAREHOLDERS ARE ENCOURAGED TO VOTE FOR CHANGE BY 10:00 AM (EST) MAY 6, 2016

Shareholders are encouraged to vote their BLUE proxy or VIF "FOR" the removal of each of the self-interested and conflicted incumbent Taseko Mines 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 contactus@kingsdaleshareholder.com.

More information about Raging River's plan and nominees can be found at www.aTrusted Taseko.com

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.

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