Taseko and dissidend shareholders at loggerheads

February 19, 2016

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Base metals producer Taseko Mines this week cried foul when it reported that activist shareholder Raging River Capital (RRC) were involved with secret bond buying activity, that put it at odds with fellow Taseko shareholders.
RRC, which had a 5.1% stake in the company that owned 75% of the Gibraltar copper/molybdenum mine – the second-largest openpit in the country – had in January approached Taseko requisitioning a special shareholder meeting for which it wanted to nominate its own slate of director nominees.

Category: General