VANCOUVER, BC, June 14,
2024 -- Taseko Mines Limited (TSX: TKO) (NYSE American:
TGB) (LSE: TKO) ("Taseko" or the "Company") announces the voting
results from its 2024 Annual General Meeting held Thursday, June 13, 2024 in Vancouver, British Columbia.
A total of 153,248,875 common shares were voted at the
meeting, representing 52.6% of the votes attached to all
outstanding common shares. Shareholders voted in favour of all
items of business before the meeting, including the Amendment and
Continuation of the Share Option Plan, the Continuation of the
Performance Share Unit Plan and the Advisory Resolution on
executive compensation (Say-on-Pay), and the election of all
director nominees as follows:
Director |
% Votes
in Favour |
Anu
Dhir |
83.5 % |
Robert A.
Dickinson |
81.0 % |
Russell E.
Hallbauer |
94.2 % |
Rita
Maguire |
98.7 % |
Stuart
McDonald |
98.7 % |
Peter C.
Mitchell |
97.9 % |
Kenneth
Pickering |
98.3 % |
Ronald W.
Thiessen |
96.6 % |
Detailed voting results for the 2024 Annual General
Meeting are available on SEDAR at www.sedar.com.
Stuart McDonald
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.
Forward-looking statements are subject to known and
unknown risks, uncertainties and other factors that may cause the
Company's actual results, level of activity, performance or
achievements to be materially different from those expressed or
implied by such forward-looking statements. These included but are
not limited to:
- uncertainties about the future market price of copper and
the other metals that we produce or may seek to
produce;
- changes in general economic conditions, the financial
markets, inflation and interest rates and in the demand and market
price for our input costs, such as diesel fuel, reagents, steel,
concrete, electricity and other forms of energy, mining equipment,
and fluctuations in exchange rates, particularly with respect to
the value of the U.S. dollar and Canadian dollar, and the continued
availability of capital and financing;
- inherent risks associated with mining operations,
including our current mining operations at Gibraltar, and their potential impact on our
ability to achieve our production estimates;
- uncertainties as to our ability to control our operating
costs, including inflationary cost pressures at Gibraltar without impacting our planned copper
production;
- uncertainties related to the accuracy of our estimates of
Mineral Reserves (as defined below), Mineral Resources (as defined
below), production rates and timing of production, future
production and future cash and total costs of production and
milling;
- the risk that we may not be able to expand or replace
reserves as our existing mineral reserves are mined;
- our ability to comply with the extensive governmental
regulation to which our business is subject;
- uncertainties related to First Nations claims and
consultation issues;
- our reliance on rail transportation and port terminals
for shipping our copper concentrate production from Gibraltar;
- uncertainties related to unexpected judicial or
regulatory proceedings;
- changes in, and the effects of, the laws, regulations and
government policies affecting our mining operations and mine
closure and bonding requirements;
- our dependence solely on our interest in Gibraltar (as defined below) for revenues and
operating cashflows;
- our ability to collect payments from customers, extend
existing concentrate off-take agreements or enter into new
agreements;
- environmental issues and liabilities associated with
mining including processing and stock piling ore;
- labour strikes, work stoppages, or other interruptions
to, or difficulties in, the employment of labour in markets in
which we operate our mine, industrial accidents, equipment failure
or other events or occurrences, including third party interference
that interrupt the production of minerals in our mine;
- environmental hazards and risks associated with climate
change, including the potential for damage to infrastructure and
stoppages of operations due to forest fires, flooding, drought, or
other natural events in the vicinity of our operations;
- litigation risks and the inherent uncertainty of
litigation;
- our actual costs of reclamation and mine closure may
exceed our current estimates of these liabilities;
- our ability to meet the financial reclamation security
requirements for the Gibraltar
mine ;
- the capital intensive nature of our business both to
sustain current mining operations;
- our reliance upon key management and operating
personnel;
- the competitive environment in which we
operate;
- the effects of forward selling instruments to protect
against fluctuations in copper prices, foreign exchange, interest
rates or input costs such as fuel;
For further information on Taseko, investors should review
the Company's annual Form 40-F filing with the United States
Securities and Exchange Commission www.sec.gov and home
jurisdiction filings that are available at www.sedarplus.ca,
including the "Risk Factors" included in our Annual Information
Form.
For further information on Taseko, see the Company's
website at www.tasekomines.com or contact: Brian Bergot, Vice President, Investor Relations
– 778-373-4533.