July 18, 2011, Vancouver, BC: Teuton Resources Corp. (“Teuton”) (“TUO”-TSX-V) (“TFE”-Frankfurt)) has agreed, due to over subscriptions, to increase the number of units offered in the recently announced private placement (June 21 and July 13, 2011). It will now be raising $1,545,000 consisting of 3,090,000 units at $0.50 per unit,...
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Private Placement Increased
July 13, 2011, Vancouver, BC: Teuton Resources Corp. (“Teuton”) (“TUO”-TSX-V) (“TFE”-Frankfurt)) has agreed, due to strong demand, to increase the number of units offered in the recently announced private placement. Instead of 1,000,000 units at $0.50 per unit, the Company will now place up to 2,400,000 units at $0.50 per...
Private Placements
June 21, 2011, Vancouver, BC: Teuton Resources Corp. (“Teuton”) (“TUO”-TSX-V) (“TFE”-Frankfurt) has agreed to complete a private placement to raise proceeds of up to $500,000. It has been agreed that the offering will comprise up to 1,000,000 units at $0.50 per unit. Each unit will consist of one common share...
Teuton to Drill Tennyson, High Properties; Begin Work on Clone, Yellow Chris and Red Chris South Properties
June 8, 2011, Vancouver, BC: Teuton Resources Corp. (“Teuton”) (“TUO”) will drill its Tennyson property, situated north of Stewart, BC, beginning about July 15. Primary target is the porphyry copper-gold zone from which six holes drilled in 1992 and 2010 all returned significant copper-gold intervals ranging up to 325 feet...
Teuton Doubles Size of High Property
Teuton Resources Corp. (“Teuton”) (“TUO”) is pleased to announce that it has entered into a purchase agreement with a private company for 12 mineral claims situated south and southeast of its High property, located north of Stewart, BC (see map). The 12 claims comprise an area of 4600 hectares, doubling...
Teuton’s Bay Silver Property Farmed Out To Decade
Teuton Resources Corp. (“Teuton”) (“TUO”-TSX-V) (“TFE”-Frankfurt) is pleased to announce that its Bay Silver property, situated 5km north of Stewart, BC and jointly owned with Silver Grail Resources Ltd., has been farmed out to Decade Resources Ltd. The Bay Silver property controls the old United Empire mine from which limited...
Options Cancelled
Teuton Resources Corp. (“Teuton”) (“TUO”-TSX-V) (“TFE”-Frankfurt) announces that it will not seek regulatory approval for the 1,886,000 share options at $0.56, exercisable until April 13, 2005, previously announced on April 13, 2010. Accordingly these options are cancelled. D. Cremonese, P.Eng. President Teuton Resources Corp. If you would like to...
10,000 metres of Drilling Recommended for Treaty Creek Property
Teuton Resources Corp. (“Teuton”) (“TUO”-TSX-V) (“TFE”-Frankfurt) announces that it has recently received a copy of a summary report on the Treaty Creek property, dated May 31, 2010, from American Creek Resources. The report is written by Raul Sanabria Orellana, P. Geo., previously Vice-President of Exploration for American Creek, who notes...