June 5, 2015, Victoria, BC: Teuton Resources Corp. (“Teuton”) (“TUO”-TSX-V) (“TFE”-Frankfurt) (“TEUTF”—OTCBB) announces that all claims held by it under the Mineral Titles system have been seized by a bailiff. The Court Order Enforcement Act provides that any property seized as a result of execution proceedings may be sold at...
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Stock Options Cancelled/Litigation Updates
June 2, 2015 Teuton Resources Corp. (“Teuton”) (“TUO”-TSX-V) (“TFE”- Frankfurt) (“TEUTF”—OTCBB) announces that the directors of the Company are voluntarily cancelling all existing stock options that were issued to them in prior years. A new stock option plan is to be approved at the upcoming Annual General Meeting scheduled for...
Private Placement Announced
May 29, 2015, Vancouver, BC: Teuton Resources Corp. (“Teuton”) (“TUO”-TSX-V) (“TFE”-Frankfurt) (“TEUTF”—OTCBB) has agreed to complete a private placement to raise proceeds of up to $240,000. The private placement will be entered into comprising an offering of 4,000,000 units (each a “Unit) at a price of $0.06 per Unit, (the...
Update on Litigation/Leduc Silver-Castle Agreement
April 1, 2015 Teuton Resources Corp. (“Teuton”) (“TUO”-TSX-V) (“TFE”- Frankfurt) (“TEUTF”—OTCBB) announces that a hearing in front of the Registrar was held yesterday, March 31, 2015, in order to determine the quantum of special costs to be awarded against Teuton, pursuant to the order made by Justice Grauer in regard...
Sale of Seized Mineral Claims
March 2, 2015, Victoria, BC: Teuton Resources Corp. (“Teuton”) (“TUO”-TSX-V) (“TFE”- Frankfurt) (“TEUTF”—OTCBB) announces that, further to its news release of Jan. 28, 2015, the Company’s mineral claims that were seized by the bailiff are now being advertised in the Vancouver Sun for sale. Bids are being accepted until March...
Private Placement
February 26, 2015, Vancouver, BC: Teuton Resources Corp. (“Teuton”) (“TUO”-TSX-V) (“TFE”-Frankfurt) (“TEUTF”—OTCBB) has agreed to complete a private placement to raise proceeds of up to $560,000. The private placement will be entered into comprising an offering of 7,000,000 units (each a “Unit) at a price of $0.08 per Unit, (the...
Teuton to Consolidate its Common Shares on a One New for Five Old Basis
February 6, 2015, Victoria, BC: Teuton Resources Corp. (“Teuton”) (“TUO”-TSX-V) (“TFE”-Frankfurt) (“TEUTF”—OTCBB) announces that the Board of Directors of the Company have approved a consolidation of its common shares on the basis of one (1) new post-consolidation common share for every five (5) pre-consolidation common shares. The Company proposes this...
Litigation Update
February 2nd, 2015, BC: Teuton Resources Corp. (“Teuton”) (“TUO”-TSX-V) (“TFE”- Frankfurt) (“TEUTF”—OTCBB) would like to provide the following litigation update concerning the action with American Creek Resources in respect of the Treaty Creek property. On February 2, 2015 the Court of Appeal denied Teuton’s motion for a Stay of Execution...
Litigation Update
January 28, 2015, BC: Teuton Resources Corp. (“Teuton”) (“TUO”-TSX-V) (“TFE”-Frankfurt) (“TEUTF”—OTCBB) would like to provide the following additional information regarding the execution proceedings recently undertaken by American Creek Resources (“AMK”) to collect a debt of $321,712 On January 16, 2015, Teuton sent a letter to the Court of Appeal scheduler...
