July 8, 2013, Vancouver, BC: Teuton Resources Corp. (“Teuton”) (“TUO”-TSX-V) (“TFE”-Frankfurt) (“TEUTF”—OTCBB), regarding Supreme Court of British Columbia, Vancouver Registry, Action No. S107895, American Creek Resources Ltd. v. Teuton Resources Corp. (“the company”) (“the Action”), is pleased to advise that the evidence portion of the trial of the Action concluded Monday June 24, 2013 after 36 days of proceedings.
The Court has directed the parties to exchange written argument over the next two months and to attend to make oral submissions the week of Monday, September 16, 2013.
The timing of the Court’s decision after the September submissions is not known.
The company looks forward to resolution of this matter in due course.
Respectfully,
“Dino Cremonese, P.Eng.”
President,
Teuton Resources Corp.
If you would like to be added to Teuton’s news distribution list, please send your email address to gary.teuton@shawlink.ca.
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. Teuton Resources Corp. does have an ongoing obligation to disclose material information, as it becomes available.
The TSX Venture Exchange has neither approved nor disapproved the information contained herein.
