UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
CIK # 878518
as at October 30, 2007
TASEKO MINES LIMITED
800 West Pender Street, Suite 1020
Vancouver , British Columbia
Canada V6C 2V6
Indicate by check mark whether the registrant files or will file annual reports
under cover Form 20-F or Form 40-F.
Form 20-F...X.... Form 40-F.........
Indicate by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule 101(b)(1): ____
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of
a Form 6-K if submitted solely to provide an attached annual report to security
holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule 101(b)(7): ____
Indicate by check mark whether by furnishing the information contained in
this Form, the registrant is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.
Yes ..... No .....
If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82- ________
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.
By: /s/ Jeffrey R. Mason
Director and Chief Financial Officer
Date: October 30, 2007
Print the name and title of the signing officer under his signature.
1020 - 800 W Pender
St.
Vancouver BC
Canada V6C 2V6
Tel 604 684 - 6365
Fax 604 684 - 8092
Toll Free 1 800 667- 2114
www.tasekomines.com
TASEKO ANNOUNCES CLOSING OF PUBLIC OFFERING
October 30, 2007 - Taseko Mines Limited (TSX: TKO;
AMEX: TGB) (the "Company") announced today that it has closed the
"bought deal" short form prospectus offering (the "Offering")
of 7,115,385 common shares at a price of $5.20 per Common share (the "Offering
Price"). A syndicate led by Raymond James Ltd. and including Canaccord
Capital Corporation and Paradigm Capital Inc. (collectively, the "Underwriters")
acted as Underwriters in connection with the Offering.
The Company granted to the Underwriters an over-allotment option to purchase
up to an additional 1,067,307 Common shares at the Offering Price. The Underwriters
elected to exercise the over-allotment option in full at the closing, resulting
in an aggregate gross proceeds to the Company of $42,549,998. The Company
plans to use the net proceeds of the Offering for funding growth opportunities,
working capital and general corporate purposes.
The securities have not been registered under the Securities Act of 1933,
as amended (the "Securities Act"), or any state securities
laws, and may not be offered or sold in the United States absent registration or
an applicable exemption from the registration requirements of the Securities
Act.
Taseko is a development and production company listed on
the Toronto and American Stock Exchanges. Its Gibraltar copper-molybdenum
mine is currently undergoing a two phase expansion, designed to increase copper
production capacity to 115 million pounds per year by the end of 2008. The
Company also recently announced the results of a feasibility study on its
Prosperity gold-copper project. Both Gibraltar and Prosperity are located
in south-central British Columbia, Canada.
For further details on Taseko and its properties, please visit the Company's
website at www.tasekomines.com or contact Investor Services at (604) 684-6365
or within North America at 1-800-667-2114.
Russell Hallbauer
President and CEO
No regulatory authority has approved or disapproved the information contained
in this news release.
Forward
Looking Statements
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 completion of financings, filing or clearance
of prospectus or other offering documents 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 capital market
conditions, commodities market prices, exploitation and exploration successes,
lack of continuity of mineralization, completion of the mill upgrade on time
estimated and at scheduled cost, 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 20-F filing with the United States
Securities and Exchange Commission or the Company's home jurisdiction
filings at www.sedar.com.