September 17, 2013, Vancouver, BC: Teuton Resources Corp. (“Teuton”) (“TUO”-TSX-V) (“TFE”-Frankfurt) (“TEUTF”—OTC BB) announces that prospecting at its High property has located high-grade gold in the King Tut zone. Reconnaissance samples taken by Company personnel, including samples taken by a mountaineer using ropes, have uncovered several new areas of interest. ...
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REMAINING INTEREST IN TENNYSON PROPERTY SOLD TO BRIGADE FOR $7 MILLION
September 10, 2013, Vancouver, BC: Teuton Resources Corp. (“Teuton”) (“TUO”-TSX-V) (“TFE”-Frankfurt) (“TEUTF”—OTCBB) is pleased to announce the sale of its remaining interest in the Tennyson property to Brigade Holdings Ltd. (“Brigade”) for $7 million, being $500,000 plus $6.5 million in subscription receipt units (shares and warrants) of Brigade. The agreement...
Drill Program Under Way at High Property
August 22, 2013, Vancouver, BC: Teuton Resources Corp. (“Teuton”) (“TUO”-TSX-V) (“TFE”-Frankfurt) (“TEUTF”—OTCBB) is pleased to announce that a diamond drill program is underway on its High property, located 60km north of Stewart, in the Golden Triangle region of northwestern British Columbia. The drilling program will concentrate on near surface mineralization...
$4 Million Drill Program Begins On Tennyson Property
August 21, 2013, Vancouver, BC: Teuton Resources Corp. (“Teuton”) (“TUO”-TSX-V) (“TFE”-Frankfurt) (“TEUTF”—OTCBB) is pleased to announce the following corporate developments. A major diamond drilling program has begun on its Tennyson property, situated 40km north of Stewart in the Golden Triangle region of northwestern British Columbia. Operator of the program is...
2013 Fieldwork Begins on Teuton Properties
July 24, 2013, Vancouver, BC: Teuton Resources Corp. (“Teuton”) (“TUO”-TSX-V) (“TFE”-Frankfurt) (“TEUTF”—OTCBB) is pleased to announce that 2013 fieldwork has begun on its Stewart area mineral properties, as follows: High Property: A program of prospecting and rock sampling has begun on the King Tut zone, located at the northern end...
Litigation Update
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...
Private Placement Oversubscribed
May 24, 2013, Vancouver, BC : Teuton Resources Corp. (“Teuton”) (“TUO”-TSX-V) (“TFE”–Frankfurt) (“TEUTF”—OTCBB) reports that the private placement announced April 11, 2013 has been completed. It was oversubscribed and now stands at 2,625,000 units at $0.10 a unit, raising $262,500. Proceeds of the offering will be expended on general corporate...
YELLOW CHRIS SOUTH CLAIMS OPTIONED TO REDHILL RESOURCES CORP. IN $4.5 MILLION DEAL
May 6, 2011, Vancouver, BC: Teuton Resources Corp. (“Teuton”) (“TUO”-TSX-V) (“TFE”-Frankfurt) (“TEUTF”—OTC BB) is pleased to report that it has optioned its Yellow Chris South claims to Redhill Resources Corp. on terms as set out below. The property (see map) is located east of the town of Iskut in the...
COPPER SOIL GEOCHEM ANOMALIES FOUND ON YELLOW CHRIS GROUND, RED CHRIS/COLORADO AREA
April 30, 2013, Vancouver, BC: Teuton Resources Corp. (“Teuton”) (“TUO”-TSX-V) (“TFE”-Frankfurt) (“TEUTF”—OTC BB) carried out a limited program of soil geochemical sampling over parts of its extensive Yellow Chris property in 2012. Results varying from 5 to 271ppm copper were obtained from the northwestern portion of a magnetic anomaly outlined...
Private Placement
April 11, 2013, Vancouver, BC: Teuton Resources Corp. (“Teuton”) (“TUO”-TSX-V) (“TFE”-Frankfurt) (“TEUTF”—OTC BB) has agreed to complete a private placement to raise proceeds of up to $250,000. It has been agreed that the offering will comprise up to 2,500,000 units at $0.10 per unit. Each unit will consist of one...