VANCOUVER, Jan. 24 /CNW/ - Taseko Mines Limited (TSX: TKO; NYSE Amex:
TGB) ("Taseko" or the "Company") commented today on recent articles
that have appeared in some newspapers relating to efforts by a Canadian
lawyer to solicit support for a possible class action suit based on
unusual trading in the Company's shares on October 14, 2010.
Taseko is not aware of the cause for the unusual trading activity that
day, nor is it aware of any basis for a claim against Taseko or any of
its officers or directors relating to that trading activity. None of
Taseko's officers or directors was in possession of any material
undisclosed information or traded any shares on October 14, 2010.
Taseko has no reason to believe any class action suit, if pursued, will
adversely affect the Company.
President and CEO
No regulatory authority has approved or disapproved of the information
contained in this news release.
CAUTION REGARDING FORWARD-LOOKING INFORMATION
This release includes certain statements that may be deemed
"forward-looking statements". All statements in this release, other
than statements of historical facts, that address future production,
reserve potential, exploration drilling, exploitation activities and
events or developments that the Company expects are forward-looking
statements. Although the Company believes the expectations expressed in
such forward-looking statements are based on reasonable assumptions,
such statements are not guarantees of future performance and actual
results or developments may differ materially from those in the
forward-looking statements. Factors that could cause actual results to
differ materially from those in forward-looking statements include
market prices, exploitation and exploration successes, continuity of
mineralization, uncertainty related to the ability to obtain necessary
permits, licenses and title and delays due to third party opposition,
changes in government policy regarding mining and natural resource
exploration and exploitation, continued availability of capital and
financing, and general economic, market or business conditions .
Investors are cautioned that any such statements are not guarantees of
future performance and that actual results or developments may differ
materially from those projected in the forward-looking statements. For
more information on the Company, Investors should review the Company's
annual Form 40-F filing with the United States Securities Commission or
the Company's home jurisdiction filings at www.sedar.com.
SOURCE Taseko Mines Limited
For further information:
For further information on Taseko, please see the Company's website www.tasekomines.com or contact:
Brian Bergot, Investor Relations - 778-373-4545, toll free 1-877-441-4533