Taseko's proxy battle with Raging River heats up

摘要

Taseko Mines (TSX: TKO; NYSE-MKT: TGB) is in the midst of a proxy battle with upstart activist shareholder group Raging River Capital, which has led to a flurry of press releases and a potential defamation lawsuit. On Jan. 13 Raging River requisitioned a Taseko shareholder meeting to cut the company's ties with privately owned Hunter Dickinson (HDI) group. The activist shareholder collective - which owns a 5.1% equity stake in Taseko - noted that HDI executives hold three board positions at the company, including Taseko chairman Ronald Thiessen (HDI's CEO and a director of HDI) and Taseko CEO Russell Hallbauer (a director of HDI).