Teuton Resources Corp. (“TUO:TSX-V”) (“Teuton”) is pleased to announce that common shares of the Company have commenced trading on the Frankfurt Stock Exchange under the symbol “TFE” (WKN# 879449; ISIN CA88162H1010).
The Frankfurt Stock Exchange, which offers fully electronic trading facilities, is the largest of eight German stock exchanges. It ranks amongst NYSE, Nasdaq, and London as one of the world’s largest stock exchanges. For more information on the Frankfurt Stock Exchange please visit www.exchange.de.
D. Cremonese, P.Eng., President & CEO of Teuton, and formerly a citizen of Germany ,stated, “This listing, on one of the most respected exchanges in Europe , will facilitate access to investment capital beyond the Canadian and North American regions. We welcome the future addition of European institutional and private investors to our shareholder base.”
About Teuton Resources Corp.
Teuton is an exploration company focused on the prolific Stewart-Eskay Creek region of northwestern British Columbia . It currently holds interests in over 400 square miles (103,500 hectares/256,000 acres) of claims within this highly mineralized, geological terrane, host to many world class gold-silver and base metal mines.
Teuton has been continually listed on the TSX-Venture and its precursor exchanges since 1985, and has never undergone a rollback (reverse split) of its common shares. The Company’s business model emphasizes farm-outs (options) of part interests in its various properties, thereby leveraging shareholder exposure to potential discoveries and keeping equity dilution to a minimum.
Teuton anticipates 6 drill programs on its Stewart area properties during the 2006 field season, 3 of which are fully funded by joint venture partners.
“D.Cremonese, P.Eng.”, President
Teuton Resources Corp
The foregoing securities have not been, nor will be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons absent U.S. registration or an applicable exemption from U.S. registration requirements. This release does not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state where such offer, solicitation or sale would be unlawful.
This news release includes certain forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, as well as management’s objectives, strategies, beliefs and intentions. Forward-looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, competitive risks and the availability of financing, as described in more detail in our recent securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward looking-statements and we caution against placing undue reliance thereon.
The TSX Venture Exchange does not accept responsibility for the accuracy or the adequacy of this release.