May 31, 2013
/PRNewswire/ - Taseko Mines Limited (TSX: TKO; NYSE MKT: TGB) ("Taseko" or the "Company") announces that it will slightly modify its current Advance Notice proposal scheduled for a vote at the
June 6, 2013
annual general and special meeting (the "Meeting").
The purpose of the new Advance Notice provision is to provide shareholders and management with a clear framework for the nomination of directors, the goals of which are to: (i) facilitate an orderly shareholder meeting process; (ii) ensure all shareholders receive adequate notice of the director candidates and sufficient information about all nominees; and (iii) allow shareholders to register a fully informed vote. The Advance Notice proposal as currently proposed in the proxy materials has a requirement that each director candidate must first agree in writing to abide by the Company's policies as a condition for a valid nomination. This requirement will be slightly modified by motion from the Chair of the Meeting so that it will instead require that a director candidate must either agree to abide by the Company's publicly disclosed policies or provide a written statement which may be made public as to which of such policies the candidate does not intend to follow and why. The change is to clarify that a director candidate should not be asked to agree to policies which may not be fully in the public domain or with respect to which the candidate director is prepared to publicly state that, in his or her view, should not be followed.
President and CEO
No regulatory authority has approved or disapproved of the information contained in this news release.
CAUTION REGARDING FORWARD-LOOKING INFORMATION
This document contains "forward-looking statements" that were based on Taseko's expectations, estimates and projections as of the dates as of which those statements were made. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "outlook", "anticipate", "project", "target", "believe", "estimate", "expect", "intend", "should" and similar expressions.