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 February 3, 2004
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: February 3, 2004
* Print the name and title of the signing officer under his signature.
_____________________________________
Taseko Mines Limited
1020 - 800 W Pender Street
Vancouver BC Canada
V6C 2V6 Canada
Tel 604 684 - 6365
Fax 604 684 - 8092
Toll Free 1 800 667- 2114
www.hdgold.com
TASEKO ARRANGES $7.8 MILLION FINANCING
February 3, 2004, Vancouver, BC - Ronald W. Thiessen, President
and CEO of Taseko Mines Limited (TSX Venture: TKO; OTCBB: TKOCF) announces
that Taseko has reached agreement in principle to privately place 3.9 million
units in its capital at a price of $2.00 for gross proceeds of $7.8 million
to a number of accredited investors. Each unit will consist of one common
share and a share purchase warrant exercisable to purchase an additional
common share at a price of $2.25 for a one year period from completion of
the financing, which is planned to occur in February. Proceeds from the
placement will be used for working capital purposes.
The offering is subject to execution of definitive agreements and TSX Venture
Exchange acceptance, which is expected in the ordinary course. The common
shares in the units and the shares issuable on exercise of the warrants
will be subject to a four month resale restricted period. Finders' fees
in amounts permitted by TSX Venture Exchange guidelines will be payable
on the placement.
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 Common Shares on the TSX Venture
Exchange is greater than or equal to $4.50 for any 10 consecutive trading
days, in which event the Holder will be given notice that the Warrants will
expire in 45 days. The common share purchase warrants may be exercised by
the holder during the 45 day period between the notice and the expiration
of the common share purchase warrants.
ON BEHALF OF THE BOARD OF DIRECTORS
/s/ Ronald W. Thiessen
Ronald W. Thiessen
President & CEO
No regulatory authority has approved or disapproved the information contained
in this news release.
These materials are not an offer of securities for sale in
the United States. The securities offered have not been, and will not be,
registered under the Securities Act of 1933 and may not be offered or sold
in the United States absent such registration or an exemption from registration.
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, 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 Commission.