Private Placement; Exploration Plans for 2015
August 17, 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 $200,000 in flow-through funds and $60,000 in regular funds. The flow-through portion of the private placement will be entered into comprising an offering of 2,000,000...
King Tut, Tuck & Silver Crown West Properties Optioned to Pretium Resources for $1.8 Million in Cash Payments
August 10, 2015, Vancouver, BC: Teuton Resources Corp. (“Teuton”) (“TUO”-TSX-V) (“TFE”-Frankfurt) (“TEUTF”—OTCBB) has optioned its King Tut, Tuck and Silver Crown West properties to Pretium Resources Inc. for $1.8 million in cash payable over four years. Teuton will retain a 2% NSR in the properties with no buyback. The King...
Private Placement Completed
July 30, 2015, Vancouver, BC: Teuton Resources Corp. (“Teuton”) (“TUO”-TSX-V) (“TFE”-Frankfurt) (“TEUTF”—OTCBB) is pleased to report that the private placement, announced May 29, 2015, has been completed as to 1.03 million units, raising $61,800. Each unit consists of one common share of Teuton and one common share-purchase warrant; each warrant...
Claims Returned to Teuton
July 22, 2015, Victoria, BC: Teuton Resources Corp. (“Teuton”) (“TUO”-TSX-V) (“TFE”- Frankfurt) (“TEUTF”—OTCBB) announces that, further to its news releases of June 5 and July 3, 2015, the Company has paid the Court Bailiff the money that was owing. Accordingly, all of the Company’s mineral tenures have been returned to...
Teuton’s Harry and Silver Crown Properties located West and East of Ascot’s Dilworth Property up for Option
July 3, 2015, Vancouver, BC: Teuton Resources Corp. (“Teuton”) (“TUO”-TSX-V) (“TFE”-Frankfurt) (“TEUTF”—OTCBB) will be seeking option partners for its Harry and Silver Crown properties, situated north-northwest of Stewart, British Columbia in the Golden Triangle region of British Columbia. The Harry property covers a series of gossans located between the old...
Stewart Area Exploration Update
June 15, 2015, Vancouver, BC: Teuton Resources Corp. (“Teuton”) (“TUO”-TSX-V) (“TFE”-Frankfurt) (“TEUTF”—OTCBB) is pleased to announce its plans for summer fieldwork on its properties in the Stewart region of northwest British Columbia, part of the Golden Triangle. The weather in Stewart has been exceptionally sunny over the past forty days,...
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...
