Value Microcaps Motherboard

[Frank_Value]

research: I am very frustrated with TGB too.

I heard from yahoo message board that some of warrants can be exercised at $.80. But I could not find evidence on TGB website.

Here is what I found about warrants execise price.
5M for CND $1.66
8M for CND $1.40

Ronald W. Thiessen, President and CEO of Taseko Mines Limited
(TSX Venture: TKO; AMEX: TGB) announces that Taseko has reached agreements in principle with a number of accredited investors to privately place up to 5,172,500 equity units in its capital, at a price of CDN$1.45 per unit, for gross proceeds of up to CDN$7,500,125. Each unit consists of one common share and one common share purchase warrant exercisable to purchase an additional common share at a price of CDN$1.66 for an 18 month period from the completion of the financing, expected in February.

In another PR:

Taseko has privately placed 8,000,000 units in its capital at a price of Cdn$1.25 per unit to a number of accredited investors, for proceeds of Cdn$10 million. Each unit consists of one common share and a share purchase warrant exercisable to purchase an additional common share at price of Cdn$1.40 for a two year period from the completion of the financing on September 29, 2004. The common shares included in the units and the shares issuable on exercise of the warrants are subject to a four-month resale restricted period from the date of completion of the financing. The common share purchase warrants are subject to an accelerated expiry if, at any time following the expiration of the four-month hold period, the published closing trade price of the Taseko common shares on the TSX Venture Exchange is equal to or greater than Cdn$2.80 for any 10 consecutive trading days.