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Mineral Claims Seized
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...
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...
Appeal Dismissed
NEWS RELEASE— APPEAL DISMISSED APRIL 27, 2015, Vancouver, BC: Teuton Resources Corp. (“Teuton”, “the Company”) (“TUO”-TSX-V) (“TFE”-Frankfurt) (“TEUTF”—OTCBB) announces the decision of the Court of Appeal in regard to Action No. S-107895 (American Creek Resources Ltd. (“AMK”) v. Teuton Resources Corp. (“the Action”). Teuton’s appeal of the lower court judgment...
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...
Claims to be returned to Teuton
March 27, 2015, Victoria, BC: Teuton Resources Corp. (“Teuton”) (“TUO”-TSX-V) (“TFE”- Frankfurt) (“TEUTF”—OTCBB) announces that, further to its news release of March 2, 2015, the Company has paid the Court Bailiff all of the money that was owing. Teuton anticipates its mineral claims will be returned shortly. Teuton has now...
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...
